The smart way to stay ahead in the automotive world

The smart way to stay ahead in the automotive world

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AUSTRALASIA –

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Mitsubishi Motors Australia CEO Shaun Westcott steps down

Mitsubishi Motors Australia CEO Shaun Westcott steps down

AUSTRALASIA – AutoExec Summary: Mitsubishi Motors Australia CEO Shaun Westcott has resigned after over five years in the role, amid a rapidly evolving automotive market. His tenure saw significant industry changes, including the rise of Chinese brands and incoming fuel efficiency standards. Mitsubishi, currently Australia’s sixth-largest car brand, faces increasing competition. Westcott’s warnings about excess supply and market challenges highlight ongoing pressures in Australia’s automotive sector. A global search for his replacement is underway.

Brands mentioned: Mitsubishi, Toyota, Mazda, Ford, Kia, Hyundai, BYD, GWM, MG, Chery

Elon Musk’s $1.5 trillion payday: Pope Leo says no, but investors say yes

Elon Musk’s $1.5 trillion payday: Pope Leo says no, but investors say yes

AUSTRALASIA – AutoExec Summary: Pope Leo XIV has condemned Elon Musk’s proposed $1.5 trillion Tesla pay package, declaring “if that is the only thing that has value anymore, then we’re in big trouble” while highlighting concerns about growing income inequality. Musk responded by quoting scripture: “Why do you see the speck in your neighbour’s eye, but do not notice the log in your own eye?” The biblical retort appeared to reference recent Vatican financial scandals, including a $4 million church donation that resulted in only a plaque rather than an actual building.

Why buy a house when you can live in your car-avan for under $100K?

Why buy a house when you can live in your car-avan for under $100K?

AUSTRALASIA – AutoExec Summary: Why buy a house when you can live in a van down by the river for $89,990? LDV’s new Deliver 9 campervan comes with everything needed for nomadic life – kitchen, toilet, two showers, and enough battery power to keep your WiFi running while you pretend to “disconnect.” It’s basically a mobile studio apartment that gets better fuel economy than your dating life.

Brands mentioned: LDV

Six-figure classic car ‘conversions’ are the new black

Six-figure classic car ‘conversions’ are the new black

AUSTRALASIA – AutoExec Summary: Rich Australians are embracing electric conversions of classic cars, combining vintage aesthetics with environmental responsibility. Melbourne’s Jaunt converts iconic vehicles like 1958 Land Rovers, maintaining original charm while adding modern electric powertrains. These hand-built conversions cost up to $400,000, attracting customers who want classic style without maintenance headaches. Multiple Australian companies now offer similar services, proving eco-conscious luxury is driving automotive trends.

Brands mentioned: Land Rover