Sales of some of the most expensive cars in Australia have soared in 2025, with April showing significant jumps for exotic sports cars from Ferrari, Lamborghini and Aston Martin.
While Australian new vehicle sales reached a record 1,220,607 units last year, analysts predicted a sales decline into 2025, and while there have been fewer new car purchases so far this year, exotic brands continue to boom.
Ferrari sales in April rose 44.4 per cent year over year – the third successive month of gains following increases of 69.2 and 22.3 per cent in February and March – with 71 cars sold so far this year.
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The year-to-date gain for the Italian brand is at 12.7 per cent, made more impressive given the overall new vehicle market has fallen 5.1 per cent (not including Tesla and Polestar brands, reported separately).
Ferrari is not alone, with rival Lamborghini – which posted record sales in Australia in 2024 – up 40.0 per cent in April, with 103 cars sold compared to 63 at the same point in 2024.
Lamborghini’s year-to-date growth so far in 2025, too, is a staggering 68.9 per cent – with only Chery (+234.0 per cent), BYD (+103.3 per cent), Mini (+71.9 per cent) and Rolls-Royce (+130.8 per cent) recording greater increases.
While the Rolls-Royce figure may seem flattering given its low volumes, the BMW-owned brand has sold 30 cars in 2025 compared to 13 by the end of April 2024.
Aston Martin, too, posted 77.8 per cent growth in April, helping it to a 42.0 per cent increase compared to the first four months of 2024 and – despite having a slow April (down 27.3 per cent) – McLaren remains 33.3 per cent up so far this year.
The upward trend follows trends from 2024, following the last interest rate rise in November 2023 and inflation steady with the Consumer Price Index (CPI) at 2.4 per cent for more than two years.
While Ferrari sales grew 14.4 per cent for the full calendar year, Lamborghini set a record local sales result of 273 sales, up 13.3 per cent on the previous record of 241 set in 2023.
It wasn’t all good news for high-end brands in April.
Bentley saw an 8.3 per cent fall and is down 25.9 per cent year-to-date, while Maserati suffered a 44.8 per cent dive in April for a 20.0 decline so far this year.
Maserati has denied repeated rumours it is for sale given a more than 50 per cent slide in global sales in 2024 and €260 million ($A455 million) loss.
If you’re old enough to have appreciated cars in the 1990s and early 2000s, you know that factory-built street trucks were huge during those times. Ford specifically reigned supreme then with its SVT Lightning – no, not the EV. They’re quite cool, especially the second generation that came with a supercharged engine. The Blue Oval proved then that trucks need not be hulking and burly to sell, until the market stopped agreeing.
Thankfully, Ford realized there’s a market for street-tuned trucks and introduced the Maverick Lobo recently. More than just an appearance package, the Maverick Lobo rides lower to the ground thanks to a specially tuned suspension for better handling. It also borrows parts from other Ford vehicles, like the rear drive system from the Bronco Sport, steering from the European Kuga, and brakes from the sporty Fiesta ST. It also comes with paddle shifters and a Lobo mode.
But Ford isn’t stopping there. The company is going bigger with its street truck onslaught and will soon introduce an F-150 Lobo. This has been long overdue since the trademark for the name was discovered two years ago, but at least now it’s here. A prototype has been spotted testing on US soil, completely undisguised and showing off a brand-new F-150 Lobo badge on the fenders. If that’s not an indication, then Ford is pulling off a mean prank.
Details aren’t officially available for now, but thanks to the prototype, we know what to expect from the not-for-dirt street truck. Beyond the new emblem, it has a unique front fascia that isn’t seen on other F-150s, while some aero parts have been added, such as a lower air dam and side skirts. The prototype also wears a set of black 22-inch wheels that look different from the Maverick Lobo’s, wrapped in Bridgestone Alenza all-season tires.
It’s unclear how Ford will employ its mechanical upgrades for the F-150 Lobo, though we expect similar upgrades found in the Maverick Lobo. A lower and stiffer suspension setup is almost guaranteed, along with enhanced steering and drive systems. The question now is what will power the truck, but the 450-hp twin-turbo V6 from the Ford F-150 Raptor is a mighty candidate. Hopefully, it will come with a manual transmission, but we’re not holding our breath for that.
Another mystery is pricing. With the upgrades, the Lobo trim should tuck in safely in the middle of the F-150 range, but should not go over the pricing of Ford’s precious Raptor line to attract more customers. Our guess is just as good as yours right now, but we’re expecting Ford to announce its launch soon, given the production-ready look of the spotted prototype.
Australian supermarket giant Woolworths has announced customers will be able to score Woolworths Everyday Rewards loyalty points whenever they use Chargefox.
Woolworths offers Chargefox battery charging facilities at 20 of its stores nationwide – with 100 chargers in total installed – where shoppers can charge their vehicle while doing the groceries.
“We’re always looking for new ways to offer our members more value across all their everyday needs,” Woolworths said in a statement.
“With around 300,000 EVs [electric vehicles] on the roads in Australia, this partnership offers members the perfect opportunity to collect points as they charge their car whilst doing their weekly shop.”
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Customers can start collecting points by adding their Woolworths Everyday Rewards details to their Chargefox profile.
“We are thrilled to be working with Woolworths to offer Everyday Rewards points,” said Chargefox executive general manager Ed Asuncion in a statement.
“Woolworths EV chargers have already proven to be very popular, with thousands of drivers using them every month.”
The supermarket chain is expected to roll out more charging infrastructure across its more than 1100 outlets in Australia, while – like rival Coles – using electric trucks for its delivery fleet.
Chargefox has also worked with Coles in providing EV charging facilities, with both supermarkets committed to achieving net-zero emissions by 2050 across their businesses.
The charging company was formed in 2017 with the goal of expanding infrastructure across the country including 350kW rapid chargers.
According to its website, Chargefox provides access to more than 2200 public charging plugs in Australia, with its app downloaded more than 170,000 times and its network facilitating 5000 charges daily.
Where Japan and South Korea stand in U.S. tariff negotiations
Nissan’s new CEO, Ivan Espinosa, has said he expects Japanese trade negotiators to move more quickly in the country’s U.S. trade negotiations. Espinosa, who took office as Nissan’s CEO on April 1, described a need for the Japan-based automaker “to get clarity as soon as possible” regarding securing lower tariffs, Reuters reports. However, South Korea, another auto manufacturing powerhouse, may beat Japan to U.S. trade negotiations with its deadline for a tariff deal by July, as Japan hasn’t yet set a deadline.
Trump’s recently imposed 25% tariffs on foreign vehicles and car parts are particularly harsh on Japan and South Korea, as the U.S. is the two countries’ largest automotive export destination. Still, data supports the claim that South Korea is suffering more than Japan, given that U.S. exports account for a fifth of its total sales, while Japan’s U.S. exports account for 7% of total sales, according to Oxford Economics. While both Japan and South Korea have large production bases in Mexico, reduced car exports from Mexico to the U.S. will lower both countries’ domestic auto parts production.
South Korea’s Minister of Trade and Industry, Ahn Duk-geun, said on Friday that Seoul would attempt a deal with the U.S. on tariffs by the previously mentioned July deadline, but he warned that domestic politics could endanger progress. South Korea and the U.S. will hold technical consultations next week to proceed with tariff negotiations, with another ministerial meeting expected in June. Seoul and Washington said they would try and create a trade package on tariffs and economic cooperation by July 8. Ahn Duk-geun said: “We will do our best to meet the timeline, but we expect that it may be adjusted a little in case it is unavoidable,” Reuters reports. Japan, which was hit with a 24% tariff by the U.S., had spoken with Washington just before South Korea, despite not reporting a trade package deadline. South Korea received a slightly higher 25% tariff from the U.S.
Tariff deals for other countries place more pressure on Japan and South Korea
Earlier this month, the U.S. and the U.K. confirmed a limited trade deal to reduce tariffs on U.K. vehicle imports from 27.5% to 10%, drawing criticism from U.S. automakers. Discounted levies on auto part imports are not part of the agreement, and the decreased tariffs have a limit of 100,000 cars annually. Last week, the U.S. and China announced a temporary 90-day tariff reduction on each country’s products.
Hyundai vehicles prepping for U.S. export from South Korean port
Despite progress from other countries in U.S. trade talks, Japan faces an especially uphill climb with its reliance on the U.S. market and President Trump’s long-standing complaint that American cars don’t sell well in Japan. Since Trump’s re-election, Mazda stock has declined 19%, Nissan shares have gone down 11%, and Mitsubishi has experienced a 7% drop, according to Nikkei Asia. While both Japan and South Korea face challenges in striking a deal on U.S. tariffs, South Korea has a clearer path to a trade package first with its deadline, which, while subject to possible delays, creates more structure.