Australians have developed expensive tastes in cars. For the first time, we bought more German-built cars last year than homegrown examples.
The Australian arm of Luxury German car maker BMW has been ordered to pay back more than 55 million U.S dollars to Aussie car buyers after it was deemed they misled customers into thinking they could afford their range of cars.
Jaguars, Land Rovers and Minis are expected to get more expensive here after the U.K. leaves the European Union.
German car producer BMW Group has achieved both sales and revenues growth in the third quarter and the first nine months, BMW announced Tuesday in Munich.