TWO AUSTRALIAN-BASED online platforms in the automotive industry, Dealer Trade Holdings Limited and CarRecord Limited and their subsidiaries, are being offered for sale. The founding shareholders said they were seeking to "leverage opportunities for continued expansion of the successful platforms in Australia and the key USA and UK markets".

Dealer Trade Holdings is an unlisted public company headquartered in Brisbane, completing a product expansion into the United Kingdom in 2017 and with the launch of CarRecord in the United States in July 2018.

“The opportunity for growth in these markets is substantial,” Dealer Trade Holdings chairman Jarrod Sierocki said. “We’ve enjoyed first mover advantages with our technology platforms in two auto markets which were ripe for disruption. 

“We agree that now is the time to seek a suitable buyer who will have the capacity and reach to be able to achieve significant market penetration on a global scale.”

The sale process is being managed by the company’s corporate advisor, KPMG's Sydney office.

Dealer Trade is a virtual wholesale vehicle auctioning platform exclusively for motor dealers, manufacturers and fleets. Through the app, wholesalers can immediately auction traded cars to other connected wholesalers in the market.

Mr Sierocki said it has over 60 percent of all motor dealers connected in Australia and was the first mover to digitally disrupt the traditional operating wholesale market of used cars. Launched in 2016, Dealer Trade has expanded to the UK and with plans underway to expand to the USA, along with discussions with global major auto manufacturers for direct dealership transactions.

In August this year, Dealer Trade announced a partnership with ŠKODA UK to provide their dealer network with a cost-effective online remarketing solution. This followed an earlier deal with LDV UK, one of Europe’s most recognised commercial vehicle brands.

CarRecord is an online platform which sources and collaborates vehicle history and data. It produces an instant automated comprehensive report based on multiple data sources including vehicle valuation (including odometer comparison), stolen and insurance checks and manufacturer recalls. Almost half of used vehicle buyers in Australia perform a background check.

Launched in Australia in 2016 and the US in 2018, CarRecord has plans to roll out in the UK in 2020.

In the US, CarRecord is one of only 10 approved National Motor Vehicle Title Information System data providers, a US Justice Department program to collaborate vehicle data. In Australia, the company has a reseller agreement with ebay-owned Gumtree, which has around 7,000 new vehicle listings per day. 


By Leon Gettler >>

IMAGINE parking your car with the assistance of software, web and apps and IoT (information of things) equipment that allows you detect the proximity of other vehicles, along with other services such as access controls and licence plate recognition.

It’s all designed to create a more frictionless parking experience through technology.

Welcome to the world of Parkable, a Deloitte Fast 50 winner, which provides staff parking solutions for enterprises and small businesses and a sharing economy-style public parking app. Parkable has also just entered the China market. 

Toby Littin, the CEO of the Auckland based company, said the aim was to create a better parking experience and better use of car park real estate.

And in China, that has become critical with its rising middle class.

“Car ownership has gone through the roof, we’re now seeing EV (electric vehicle) ownership going through the roof, and that’s led to a situation where there’s a shortage of car parking in certain areas that’s more extreme than we see in the western world which gives rise to a real need for technology-based solutions to help manage that,” Mr Littin told Talking Business.


The exciting part for Parkable is they have just entered China, one of the world’s biggest car parking markets. The company is based in Shanghai and spreading through some of China’s tier one cities such as Beijing, Guangzhou, Shenzhen and the Hong Kong Special Administrative Region.

Mr Littin said with the complex political and economic landscape of China, Parkable needed partners to get into the market.

It decided the best way to go was through a joint venture, so it teamed up with an investment group identified by its network. The investment group specialises in working with companies that want to introduce their technology into China.

It took Parkable 18 months to nail down that relationship.

“The thing in China is your success is hinged around the quality of your relationships,” Mr Littin said.

“The team up there have outstanding relationships into business and government and with the full complement of staff and supporting infrastructure, it really means we can get a head start on our ambitions up there.”


One of the most fascinating aspects of the China venture is that the country is now the leading market for electric vehicles, creating enormous opportunities for Parkable.

Mr Littin said the big issue in China, and one which will be replicated around the world, is that non-EV vehicles are sitting in EV parking spaces, which means EVs can’t get in there to charge the car.

Parkable creates a system that allows EVs to reserve their parking spots.

It is partnering with EV-charge manufacturers in China to make it all happen,

Mr Littin said Parkable was also looking to expand into Singapore, North America, the UK and Europe. 

“There’s 35 countries we’re keen to expand through,” he said. “We’re at number three so it’s still early days.”

Hear the complete interview and catch up with other topical business news on Leon Gettler’s Talking Business podcast, released every Friday at


BRISBANE-HEADQUARTERED  Tritium, a world leader in electric vehicle (EV) DC fast charging technology, has signed a deal to provide nine Veefil-RT 50kW DC fast chargers to Nissan, to help support the automaker’s sponsorship activities ahead of and during the UEFA Champions League final in Spain.

The nine chargers – which can add 50km of range in just 10 minutes – will make up part of the Nissan and UEFA operations hub at the IFEMA event centre during the lead-up to the final, alongside 20 AC 22kW chargers. 

The deal was announced by Tritium booth at the recent EVS32 Symposium in Lyon, France.

“The UEFA Champions League is a fantastic showcase for Nissan electric vehicles, and this year we will be doing more than ever to electrify the final in Madrid,” Nissan Zero Emission and Ecosystem director, Brice Fabry said. 

“Tritium are able to turn around a turnkey solution for charging infrastructure quickly, so we’re very happy to welcome them to the team.”

The Veefil-RT is said to offer the world’s smallest physical footprint for a 50kW DC fast charger and can be installed within hours. 

In addition, the chargers will be adapted to suit Nissan’s specific branding requirements for the event. 

“We have dedicated staff who worked closely with Nissan’s design team to develop the branding and imagery required to maximise Nissan’s visibility during the event, and each charger will sport these ‘skins’ throughout,” Tritium CEO David Finn said.

“Nissan has been synonymous with electric vehicles and the Nissan LEAF has pushed e-mobility to the forefront of the public consciousness. We look forward to helping Nissan stand out during their festivities throughout the week as they continue to drive the vision of an e-mobility future.”

At least two of the chargers will remain on-site following the final, with the remaining seven to be deployed by Nissan elsewhere in Spain.

Established in 2001 to provide power-electronic systems and battery energy-storage applications, Tritium became one of Australia’s fastest-growing companies with the launch of its first DC fast charger in 2014.  Since then, Tritium has become a leading global DC fast charging (DCFC) supplier with installations in more than 29 countries. 

Tritium currently holds around 50 percent of the world-leading market in Norway and around 15 percent of the wider global market for 50kW fast chargers.

Tritium customers include the NRMA, Chargefox,, EDF Lumins, Fortum, Grønn Kontakt, IONITY and Stromnetz and Tritium’s global headquarters and main manufacturing plant is in Brisbane.


INTERNATIONAL interest in this weekend’s Gosford Classic Car Museum Auction has prompted the owner to bring home seven high value cars situated in the US to Australian soil.

With the massive amount of interest pouring in from Australian bidders, owner of the iconic Gosford Classic Car Museum has decided to bring home seven of his US-located prized possessions.

“It’s a very exciting moment for Australian bidders with further opportunity to own one of these dream classic cars,” Lloyds Auctions Chief Operations Officer Lee Hames said.

“Not only is this an important indication that the classic car market is extremely strong here in Australia but it means we are also seeing a shift in the popularity rising in American and especially European classics,” he said. 

Australian Formula 1 world champion Alan Jones, who is helping to promote the auction said,  “I’m very excited to know that the owner has brought these very special cars from overseas back to Australia. What an opportunity for car enthusiasts to see some extremely rare cars and have the chance to bid and potentially own one of these magnificent vehicles.

“Some feature cars include extremely rare Ford Mustangs, Ferraris and even a Rolls Royce,” Mr Jones said.

The newly added cars include a 1966 Ford Mustang Shelby GT350H Rent-A-Racer, 1965 Ford GT40 RCR MK1 Tribute, 1962 Ferrari 250 GTE, 1959 Ferrari 250TR tribute, 1924 Rolls Royce Springfield Ghost, 1950 Alvis TB14 Roadster and a 1954 Swallow Doretti.

“There will be thousands of people showing up this weekend so we encourage everyone to jump online to get their free tickets with opportunity for upgrades for those who want the full experience,” Lloyds Mr Hames said.

The collection of over 200 cars, bikes and memorabilia located in a converted Bunning’s warehouse is described by many as a flawless collection. With the museum doors now closed, this auction represents the last chance for many car enthusiasts to see or own a part of this magnificent display.

With such a wide range of vehicles including luxury European, Eastern European, Australian, American and even classic motorcycles, Lloyds Auctions have been flooded with enquiries and inspections since the auction was published over a month ago.

There will be an online Gosford Memorabilia Auction on Saturday April 6 which will consist of over 100 rare and unique lots that have been on display in the museum alongside the immaculate vehicle collection. This memorabilia auction will be the preview to the main auction event of the vehicles and motorcycles going to auction on the Sunday.


The Gosford Classic Car Museum auction attracted a surge in bidding following the recent Formula 1 Australian Grand Prix in Melbourne, where it was widely promoted.

“We were flooded with inspection bookings for these rare and pristine vehicles just after the Melbourne Grand Prix weekend on March 17, which confirms to us that there is very strong interest in these cars from people overseas,” Mr Hames said.

“The amount of registered bidders we have had from the United States and more particularly the United Kingdom has been incredible. We have seen hundreds of enquiries pour in over recent days.”

For motoring enthusiast and F1 world champion Alan Jones, the international interest from motor racing fans is not unexpected.

“It doesn’t surprise me that there is so much interest in these cars pouring in from overseas,” Mr Jones said.

 “Europeans in particular scour the globe for quality un-weathered cars and these vehicles are not only in immaculate condition but are unaffected by snow, salt and rust like in Europe,” he said.

Mr Hames said, “International bidders have been flying in to inspect these cars for purchase, so it will be an interesting auction to see where all of the cars ultimately end up.”

Multiple cars are expected to achieve seven-figures with enthusiasts anticipating the total collection could sell for in excess of $30 million. Many cars are already sitting at strong six-figure amounts.

A ticketing system has had to be implemented by Lloyds Auctions to ensure bidders and people who wish to take part in this once in a lifetime event are able to attend.

“The demand has been unprecedented from bidders and fans of the collection, with free ticket sales spiking as soon as we opened the system on our website and VIP ticket sales not far behind,” Mr Hames said.

“This impressive collection of classics is highly important to motoring enthusiasts and collectors and because there is such a wide range of cars from European, Australian and American classics we are expecting thousands of people to show up even more than the Brock Collection Auction we ran in October last year.”

Cars within the collection include an extensive range of classic and vintage cars and motorcycles such as European, Australian and American classic cars, featuring Ferraris, Aston Martins, Porsches, Fords and Holdens. 

“This collection is one to never be forgotten, it is extremely special and admired by many collectors and enthusiasts out there including myself and I for one am very excited to be a part of this collections journey and passing on these cars to the next custodians,” Alan Jones  said, admitting he has a great passion for European classics and has been one of the museum’s biggest fans for many years.

The collection is open for bidding online and will go up for auction in a simulcast live and online event on the weekend of April 6-7.


SAN JOSE California has been selected by German automotive giants Bosch and Daimler as the city for pilot trials of a new world-leading automated ride-hailing service.

Located on the southern shore of San Francisco Bay in Silicon Valley, and with more than one million inhabitants, San José is the third biggest city in California. It is planned to be the pilot city for trials, targeted to begin during the second half of 2019, of the highly and fully automated driving (SAE Level 4/5) on-demand ride-hailing service recently announced by Bosch and Daimler.

Using automated Mercedes-Benz S-Class vehicles, Bosch and Daimler propose to offer the service to a selected user community in the San Carlos/Stevens Creek corridor between downtown and west San José. With its population expected to grow 40 percent in the next two decades, the metropolitan area faces growing transportation challenges. The San José city administration wants to prepare itself for a future in which autonomous cars hit the streets. 

“The pilot project is an opportunity to explore how autonomous vehicles can help us better meet future transportation needs,” San José Mayor Sam Liccardo said.

Daimler AG vice president for its Drive Technologies and Automated Driving division, Michael Hafner said, “Since many years we consequently push autonomous driving. With this pilot we will generate valuable insights to connect fully automated vehicles in the best way with users of future mobility services.”

Robert Bosch GmbH senior vice president of the Automated Driving business unit, Stephan Hönle said, . “We have to rethink urban transportation. Automated driving will help us complete the picture of future urban traffic.”

The on-demand ride-hailing service app operated by Daimler Mobility Services will demonstrate how mobility services such as car sharing (car2go), ride-hailing (mytaxi), and multi-modal platforms (moovel) can be intelligently connected.

The test operation will provide information about how highly and fully automated vehicles can be integrated into a multi-modal transportation network. The intent is to provide a seamless digital experience, in which a selected user community will have the opportunity to hail a self-driving car, monitored by a safety driver, from a designated pick-up location and drive automatically to their destination.


With their joint development work on highly and fully automated driving (SAE level 4/5) in urban environments, Bosch and Daimler aim to improve the flow of traffic in cities, enhance road safety, and provide an important building block for the way traffic will work in the future, Dr Hafner said.

Among other things, the technology will boost the attraction of car sharing.

Without compromising driving safety, it will allow people to make the best possible use of the time they spend in their vehicles, and open up new mobility opportunities for people without a driver’s licence, he said.

Bosch and Daimler associates involved in the development project work together in teams in two regions: in the greater Stuttgart area in Germany and, in the US, around Sunnyvale in Silicon Valley between San José and San Francisco.

Bosch’s Dr Hönle said since they share the same office space, rapid communication across working disciplines is ensured, and decision-making paths are short. At the same time, they can draw on the combined know-how of their colleagues in the parent companies.

Dr Hönle said the two companies’ associates were jointly developing the concepts and algorithms for the highly and fully automated drive system. Daimler’s task is to bring the drive system into the car. The company is providing the necessary development vehicles, test facilities, and vehicles for the test fleet.

Bosch, which has had a manufacturing presence in Australia since 1907, is responsible for the components specified during the development work, such as sensors, actuators, and control units.

For test purposes, Bosch and Daimler use their laboratories and test rigs, plus their respective test sites in Germany. Since obtaining its Autonomous Vehicle Testing Permit from the California Department of Motor Vehicles in 2014, Mercedes-Benz has been testing automated vehicles in the Sunnyvale/California region.

Since 2016, it has had similar approval for the greater Stuttgart area in Germany. In early 2013, Bosch was the world’s first automotive supplier to test automated driving (SAE level 3) on public roads in Germany and the US.



ORIX Australia Corporation (ORIX) has launched an online platform that aims to help small and medium businesses to select their vehicles more effectively – and make vehicle leasing and financing faster, easier and more secure.

According to ORIX, the new platform, MOOV, enables Australian SMEs to view and compare vehicle specifications and costs, see financing options at a glance, and order the vehicle. 

“Australia is home to 2.1 million SMEs and sole traders, many of which need a simple and reliable way to acquire vehicles,” ORIX Australia Business Solutions general manager Mary Moran said.

“MOOV was created specifically for those companies as they simply don’t have the time to visit dealers to compare vehicles or wait in call centre queues to discuss available financing options.

“By moving the entire process online, SMEs can reduce the hassle involved in the traditional vehicle buying process, while benefiting from ORIX’s fleet expertise and nationwide fleet-buying power.”

MOOV provides a range of financing options including finance lease, operating lease, business vehicle loan or buying outright.

Ms Moran said an advantage of leasing was it provided SMEs with cash flow predictability “and may free up capital that can be better invested elsewhere in the business”.

Regardless of the financing option selected, she said, associated vehicle related expenses, such as fuel, tolls and scheduled maintenance, can be bundled together with the lease payments into a single monthly itemised invoice for convenience and transparency.

“We want to provide a more efficient experience for all of our SME customers,” Ms Moran said.

“Recent news of tightening credit conditions may lead them to consider financing options beyond traditional sources. The flexibility of our MOOV platform, backed with our expertise in fleet solutions, provides SMEs with an easy and transparent way to explore flexible financing options to meet tomorrow’s challenges, which for many SMEs, includes a thorough revaluation of what mobility actually means to their business. 

“SMEs can now do this all online at their leisure, wherever they are, reducing common frustrations with acquiring a vehicle.” 

ORIX Australia is part of the New York Stock exchange-listed ORIX group, a global diversified financial services organization. In the Asia Pacific region, ORIX is reportedly one of the largest fleet management operations through its OneView customer portal which offers vehicle pooling and telematics platforms, assisting businesses to get more value from their vehicles and better managing the evolving risks of a mobile workforce.


THE GROWING demand for energy, driven by the uptake of electric vehicles (EVs), could lead to greater unpredictability in electrical grids according to a new study by Australian EV charging infrastructure company Tritium and global research group LEK Consulting.

The study warns that utilities globally must urgently take a proactive approach to planning their future networks.

The study highlights statistics around sales of EVs which show there is a ‘clustering’ effect, where some suburbs, streets, and locations have a higher proportion of EV ownership – and this has been highlighted in journals such as Nature magazine. This clustering has the potential to overload local electricity infrastructure, especially the feeder lines – in Australia that is mostly in the form of street ‘poles and wires’. 

“There are significant opportunities for network owners, operators and energy retailers as EVs are one of the few growth drivers for many developed energy markets, and also enable the opportunity for utilities to build closer customer relationships,” said LEK Consulting principal Natasha Santha said.

“But utilities need to be proactive in planning for a future scenario of significant EV adoption, especially in a world where spending capex on additional infrastructure at the cost of the consumer is no longer a palatable response.

“The real challenge for utilities is managing the peak demand increase and greater unpredictability that comes with greater EV adoption. EV charging has an element of randomness that needs to be managed; this can stress local infrastructure and heighten the need for increased network investment.

“The good news is that we have time to prepare in Australia. Given the expected pace of adoption, and time it will take to turn over the car parc (a European term that describes the numbers of registered vehicles in a region), grid owners have sufficient time to prepare for the change.

“While EV uptake in Australia is still in its infancy, it is growing, and networks need to prepare for this now. As the need for the deployment of public fast chargers is required in Australia, utilities will need to be ready to turn around new connections quickly.”

Among other findings, the study found the expected increase in overall energy demand was relatively modest in the short to medium term.


In 2017, the estimated electricity demand from all EVs was 54 TWh equating to just 0.3 percent of global electricity demand. With a predicted 125 million EVs on the road in 2030 – and for simplicity researchers are assuming a similar level of battery energy efficiency as today, although it is likely to be higher – the overall EV share of energy demand would increase to only 6.3 percent.  

However, owning an EV will increase a household’s electricity consumption by about 50 percent. This calculation assumes average household use of 5,700 kWh of electricity per year, and the average EV consumes 3000 kWh of electricity per year driving 15,000km per year.

If multiple houses on a single street decide to charge simultaneously, there may be insufficient capacity in the feeder lines to deliver the required level of power. For example, assuming utilities make no changes to their infrastructure and EV charging is unmanaged, and EV owners mostly charge at the end of the traditional workday when they return home, overlaying the impact of EV charging on a local network – with 50 percent EV adoption – would drive peak demand up by about 30 percent.

As the demand for EVs increases, there will be a growing requirement for charging infrastructure. The International Energy Agency (IEA) estimates that by 2030 the number of charging stations required will exceed 130 million units, which is close to 30 times the current installed box.

Further, the study found the development of high-power charging infrastructure may have a more manageable initial impact for network operators. High power chargers, up to 350kw each, are typically installed in a park or group of chargers. While these groups of high-power chargers equate to very large (1MW+) connections, the charger owners will deploy the appropriate infrastructure adjacent to the charging equipment at the time of installation.


The study outlined five measures utilities should consider, both to stabilise future grid behaviour and ensure the rise of EVs maintains its pace.

Design tariffs and demand response programs: Utilities need to begin preparing incentive structures to manage residential chargers, such as time of use EV tariffs that can shift customer charging behaviour alleviating local feeder stress. They could glean lessons from South Australian and Queensland networks, which are trialling new tariffs to encourage households with electric hot water systems to heat them in off-peak periods.

Utilise smart software: Managed charging uses software to schedule home charging throughout the night avoiding the risk of EV owners all plugging in during the evening peak, using lessons learned from such measures as air conditioning incentive programs.

Improve grid information: Provide clear and detailed information publicly to businesses and entrepreneurs looking to invest in and install public charging infrastructure. For example, PG&E, a Californian utility, has created an interactive mapping tool for network capacity highlighting the locations on its network where existing equipment has the capacity and is ready to be utilised for EV charging..

Assess adjacent opportunities from charging infrastructure: Utilities should begin to explore if there are other opportunities that arise from the deployment of charging infrastructure, such as stationary battery storage, to reduce grid augmentation costs and enable charger deployment in areas of the network that would otherwise be prohibitive.

Trial, test, and work with charging manufacturers: Collaboration and joint research will enable utilities to be at the forefront of emerging vehicle, charging, and grid integration technologies.



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