5 October 2026 Chinese Operator Tuhu Buys mycar Service Chain for $403 Million In a landmark deal for the automotive aftermarket, German giant Continental has agreed to sell mycar Tyre & Auto, one of Australia's largest service and repair chains, to Chinese automotive-services platform Tuhu for an enterprise value of A$403 million (around €250 million). The deal covers roughly 280 stores and more than 1,600 employees, and remains subject to regulatory approval. It marks Tuhu'

Download our latest whitepaper This paper provides an in-depth executive briefing on the rapidly growing ecosystem of connected vehicles and the data they generate. It highlights key trends and offers five critical insights into how this data is reshaping the industry. We cover the following: The accelerating move towards connected vehicles in Australia is evident, with over one million already on the road. New, data-driven business models are creating significant value acros

The car industry is changing – electric cars are becoming more popular because people want a greener future. Australia and New Zealand are actively embracing this transition, providing incentives and programmes to motivate consumers to choose fuel-efficient and ideally electric cars. At the same time, the European Union's ambitious plan to prohibit new internal combustion engine vehicles by 2035 establishes a model for other areas to emulate, enhancing worldwide Electric Vehi