Armstrong's returns Opel to NZ

Matt Martel
Thu, 24 Mar 2022

The Opel Astra used to be sold in New Zealand under the Holden badge. (Image: supplied)
The Opel Astra used to be sold in New Zealand under the Holden badge. (Image: supplied)
Matt Martel
Thu, 24 Mar 2022
The Holden Astra is back. Again.German carmaker Opel is re-entering the New Zealand market with an electrified range and a target of 1% of the overall market within a year. Opel has hired former Volkswagen NZ head Tom Ruddenklau as New Zealand general manager. Its vehicles will be imported and sold by Automotive Distributors NZ, which is part of the Armstrong’s group.Ruddenklau said the clean-car rebate scheme was a reason for Opel identifying NZ as a new market. “It has identified New Zealand as a market with outstan...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

My Net Worth FREE
My Net Worth: Zac Stephenson, managing director, MediaCom
Daniel Dunkley | Sun, 03 Jul 2022

MediaCom managing director Zac Stephenson says he's proud of surviving in the media industry, which can be stressful and intense. 

Finance FREE
Money Answers: what's the best share investing strategy in a recession?
Frances Cook | Sat, 02 Jul 2022

Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us. 

On the Money
On The Money: Air NZ's feeding frenzy, Kerry Prendergast's movie date, and more
Pattrick Smellie | Sat, 02 Jul 2022

In this week's OTM: Greg Foran's preference for pies, Kerry Prendergast's future at the film commission, a blast from the past from Enable Networks, and more...

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.