News: Classic Motorcycle Mecca set to open

motorcycle-meccaClassic Motorcycle Mecca is gearing up to open to the public.

Transport World says the opening on November 23 from 10am coincides with the visit of global motoring superstar Guy Martin to Invercargill and the 2016 Burt Munro Challenge.

Classic Motorcycle Mecca is home to around 300 motorcycles and motorcycle-focused artwork. The collection ranges from a 1902 Peugeot motorcycle to a 21st Century Simms Corbin Custom and includes brands such as AJS, Ariel, BMW, Brough Superior, Harley Davidson, Henderson and Indian, as well as little known brands such as Schwinn and Zundapp. Continue reading “Classic Motorcycle Mecca set to open” »

Classic Motorcycle Mecca is gearing up to open to the public. Trans ...

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News: No end in sight for Kiwi used car boom

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The increased consumer confidence in the New Zealand passenger car market has seen the second highest number of used passenger car arrivals for 2016 in October.

Used passenger car arrivals tallied 14,913 the second highest number this year since April’s record figure of 16,960.

New passenger car arrivals were also healthy at 10,132 units. It is more than likely that both used and new passenger vehicles will exceed last year’s overall tally. Continue reading “No end in sight for Kiwi used car boom” »

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News: Car insurance premiums to drop 80%

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Insurers should brace themselves for a drop of up to 80% in car insurance premiums, as technology disrupts one of the mainstays of the industry, according to research from Boston Consulting Group (BCG) and Morgan Stanley.

A combination of driverless cars, better use of data and more car sharing will push down the cost of motor insurance dramatically over the next 25 years, the study found.

Motor is one of the most important markets for the global insurance industry. It accounts for US$70d billion (NZ$917.79 billion) of premiums every year, or 42% of total property and casualty insurance. Continue reading “Car insurance premiums to drop 80%” »

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News: Decline in young Kiwi drivers

kiwi walker

Fewer people aged under 40 are learning to drive, new statistics show.

About 3.5 million people in New Zealand held a driver’s licence in 2012, but by June last year that figure had dropped by about 100,000, reports Tracy Neal in Radio NZ article ‘Fewer young people learning to drive’.

The cost of owning a vehicle, along with tougher standards needed to pass the test, has been blamed by some, reports Neal. Continue reading “Decline in young Kiwi drivers” »

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News: Car insurance industry to disappear by 2030?

disruptionA new book predicts constant, real-time changes to risk premiums, and the disappearance of the car insurance industry by 2030.

Dr Michael Naylor, a senior lecturer in insurance at New Zealand’s Massey Business School, has undertaken a meta-analysis of how a range of technologies will change the industry in the coming decade.

His report: ‘A Perfect Storm in Insurance: How to survive the looming waves of disruptive technology’ aims to help insurers prepare for a very different future. Continue reading “Car insurance industry to disappear by 2030?” »

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News: Pokemon Go results in fatal accident and conviction

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A driver in the first vehicle fatality in Japan linked to playing the popular smartphone game ‘Pokemon Go’ was sentenced yesterday to 14 months in prison.

Keiji Goo, a 39-year-old farmer, was convicted of negligence resulting in death and injury, reports The Japan Times.

While he was playing the game, his van fatally struck a 72-year-old woman and seriously injured another woman when the two crossed a road in the city of Tokushima on August 23, reports The Japan Times. Continue reading “Pokemon Go results in fatal accident and conviction” »

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News: Toyota recalls 5.8 million more cars

toyota airbag

The world’s biggest carmaker, Toyota, is recalling another 5.8 million cars worldwide over potentially faulty air bags made by supplier Takata.

The models include the Corolla and the Yaris subcompact models, most of them sold in Japan, China and Europe.

The cars affected were produced between May 2000 and November 2001, and between April 2006 and December 2014. Continue reading “Toyota recalls 5.8 million more cars” »

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News: Big Boys Toys on this weekend

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Hear that noise? It’s the sound of the 2016 Big Boys Toys’ lineup of great and crazy cars warming up for this weekend’s event.

Whether it’s super power you’re seeking or something completely different, this show has it all at the ASB Showgrounds from October 28 to 30, from 10am to 6pm.

First off the starting grid, the French off-roader Swincar makes its debut. This vehicle stands out because each wheel has its own electric hub motor and, combined with spider-like suspension, makes for extraordinary rough terrain capabilities. Continue reading “Big Boys Toys on this weekend” »

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