Buy A New Car
Fringe Benefits Tax proposed changes: an update.
Writing this one day before the election and with the expectation the Coalition will win doesn’t change the past; much like the words from the immortal “Dragnet”, these are “just the facts”. Since the changes were announced by Kevin Rudd, this is what’s happened: approximately $160 million dollars worth of business for the Australian car industry has been wiped in August. Sales had been growing at around 5% for the six months until June 30, it’s now down by 0.2% in August compared to the same time last year. 
At around 4600 vehicles at an average cost of $35000, it’s a significant hit. Yards are holding far more ordered but unsold stock due to so many cancelled orders. Jobs have been lost in attached industries and sales are down by 3.5% in Queensland and up to 8% in Western Australia. Business purchases are down 10 percent compared to this time last year impacting further on Ford Australia’s already tattered figures, with the venerable Falcon finding just 573 new homes in August, the lowest in the nameplates 53 year history. The changes mooted were intended to help raise $1.8 billion as an offset of scrapping the carbon tax yet there’s been no formal analysis of the changes and with many buyers in business purchasing vehicles via means that don’t attract the FBT or defer purchases then that figure is seeming more unlikely.
Holden’s new Commodore, selling under internal expectations still, though, managed just 400 more in August than July, delivering 2809 vehicles. Only Mitsubishi, Volkswagen, Hyundai and Mazda saw sales increase. Also, with fuel prices in no danger of retreating, it’s unsurprising that the Mazda 3 and Toyota Corolla were the highest sellers in August (4188 and 3861), followed by the Toyota HiLux, Holden’s VF Commodore, the Hyundai i30 and Holden Cruze variants.
i30 SR Is here
The i30 SR was designed exclusively for the Australian market.
Hyundai Motor Company Australia have lifted the lid on their new addition to the i30 line up.
The i30 SR hatch was first previewed at last years Sydney International Motor Show as a concept. Featuring a larger 125kw 2.0L petrol engine (the regular i30 houses a 1.6L), exclusively tuned sports suspension, and a host of other features, the Australian developed – Korean Hot Hatch has sparked interest in other markets including the UK.
Hyundai Australia seem to be throwing the Motorsport muscle behind the branding of the SR name plate with Aussie WRC competitor Chris Atkinson (the test driver for Hyundai’s return to the WRC In the i20) posting live pictures to Instagram from the i30 SR launch in Byron Bay.
Rumoured to be priced under $30,000 (+ORC) the SR will sit between the mid range Elite and luxury Premium models.
The SR nameplate is rumoured to expand past the i30 SR and Veloster SR Turbo to include the addition of a i30 SR Turbo to compete directly with the Golf GTi and upcoming hot hatches from sister company Kia.
The rumoured i30SR Turbo will use 1.6l turbo used in the Hyundai Veloster and Kia Cee’d GT (pictured)
Mooted FBT Changes: More Fallout…
Not unexpectedly, the proposed changes for fleet vehicle Fringe Benefit Tax has had more fallout, with Kevin Rudd stating that the current Opposition leader, Tony Abbott, will kill the flailing Australian car manufacturing industry by allegedly cutting government funding whereas Mr Abbott claims that his propos
ed tax cut policy will actually help: http://news.drive.com.au/drive/motor-news/coalition-rules-out-further-funding-for-car-industry-20130822-2sdgb.html and http://finance.ninemsn.com.au/newsbusiness/8711026/abbott-will-kill-car-industry-says-rudd
It’s a sad offset of our current pre-election situation that neither side really actually appear to be truly interested in helping Holden and Toyota continue whilst also easing Ford’s slide into full importation. There’s already automotive unrest with one major Sydney based dealer advertising cars once intended for fleet buyers being made available for the private buyer at fleet prices while the Australian Salary Packaging Industry Association is also hitting out with online ads asking “who’s next”. There are some that claim the changes are good for the industry, which may be all well and good but the effects are tangible already with real and confirmed job cuts. With our economy at a standstill, pretty much pending the result of September 7, Aussie families don’t need this extra burden.
On a lighter note somewhat, a couple of Holden designers have been beavering away behind the scenes on what could be a new Monaro. Based on a combination of VE and VF smarts, it’s a design study, at this stage and highly unlikely to see real world production.
What do you think?
History. Remade. Jaguar's New F-Type
Moments in history happen once. Invariably the huge majority slide on by with no impact on humanity but occasionally they leave an indelible mark. In 1961, just as the “Swinging 60s” was just getting into stride, a British automobile manufacturer released upon an unsuspecting motoring public a gem called “the most beautiful car in the world”, by Enzo Ferrari, no less. 13 years and 70 odd thousand builds later the E-Type Jaguar is still regarded as one of the most beautiful cars ever made, leaving its imprint upon history. Powered, initially, by a 3.8L straight six and from 1964 the snarling 4.2L, the E-Type shocked other makers and remains a sought after item.
Come 2012 and Jaguar, after a few years under the ownership of Indian based conglomerate Tata, release the much anticipated successor at the Paris Motor Show. Immediately the F-Type stirs emotions, has Jaguarphiles prostrating themselves in ecstasy and rattles the cages of Mercedes-Benz, BMW and Porsche. In August of 2013, Jaguar Australia hosts the launch of this spiritually moving car.
Three engines: There’s two supercharged V6, both of three litres capacity. A snorting, angry, growling supercharged five litre V8 is your other choice and aurally, it’s hard to decide; banshee scream or basso profundo. An interior that’s for two and two only. Seats that are for drivers, drivers of a certain size as they’re hip hugging snug. Looks that would put Jennifer Hawkins into a tizzy and frighten mirrors for not being able to live up to what they see. A folding roof that goes up quicker than a bank’s interest rate and down quicker than a farmer’s beer on a hot day. This is the Jaguar F-Type.
The Australian launch was in Sydney, starting with a product overview on a Thursday night. Friday was drive day; heading north from Sydney, looping through some tight and twisty roads before directions took us to Cessnock then back south for some private tuition before a return to the big smoke.
It was impressed upon us to listen to the exhaust; a deliberate effort from the design and engineering teams to give the ears something delightful and they succeeded. A rasping crackle comes from the centrally mounted pipes as the eight speed auto blips its way through the gears; a down shift and a foot off the go pedal elicits a smile as the snarling, raspy sound reverberates off tunnel walls. An upshift is completed in less time it takes to think about it, a computer instructs the engine to match revs on both the up and downwards journey through the gears and with eight closely stacked ratios it provides flexibility and exquisite driveability. Another computer reads the driver’s style, conversing with the gearbox to decide which one of 25 programmes to use to ensure the right gear is right to go. The S models utilise more smarts, with sensors measuring steering wheel input, body movement, pitch and roll, tuning each suspension damper to give that razor sharp precision such a car deserves.
On the road it’s breathtaking to look at, inside and out; breathtaking to drive and awesomely beautiful to look at. The aluminuim construction reduces weight (a maximum of 1665kg for the V8S), provides stiffness and adds strength to the F-Type. The suspension is taut, talkative, communicating the road to the driver. Acceleration is rapid, as you’d expect from three powerful (250/280kW or 364kW) Jaguar engines and braking is inspiring, in the weight of the pedal and lack of squirm from the car.This is partly down to the breadth of the F-Type, with 1597mm and 1649mm 
track for the V6 twins and slightly narrower (1585/1627) for the V8S. Fat rubber across the board on the 18/19/20 inch rims provides superlative searching grip, allowing the F-Type to power into tight turns, off camber corners as if attached on velcro, all the time caressing the ears with that superb soundtrack as a wing arises majestically from the rear deck at around 90 kilometres per hour.
The interior of the F-Type is akin to pulling on well fitted boots, with wrap around, snug seating holding the driver and passenger like a lover’s embrace, facing minimalistic yet effective switchgear and a cabin inspired by a Typhoon fighter jet. Unlike its brethren, there’s no rising from the console of a gear selector, instead there’s a multipurpose gear lever; aircon vents rise from the dash with a monolithic grace. The dash dials are LCD based, with rapid response and glowing good looks. There’s a Meridian sound system on board, superfluous thanks to that 
awesome exhaust note. Seating is low down yet never lacks for 360 degree vision, whilst those on the outside see what Jaguar is all about: grace, space and pace. Ranging from $139K to $208K, the Jaguar F-Type takes the fight up to its rivals from Germany while simultaneously becoming part of history. Remade.
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