Latest News & Updates
VACC Announces New Chief Executive Officer
Melbourne, 14 January – The Victorian Automotive Chamber of Commerce (VACC) today announced the appointment of Peter Jones as its new Chief Executive Officer, effective February 2025. Mr Jones brings over 30 years of distinguished leadership experience in the automotive and finance industries to the role, including significant expertise in operational management, strategic innovation, and stakeholder engagement. VACC President Craig Beruldsen said the appointment followed an extensive executive search process and marked an exciting new chapter for the organisation. “Peter’s appointment demonstrates VACC’s commitment to strong industry leadership as we navigate a period of significant transformation in the automotive sector,” [...]
New Government Initiative Makes EVs More Accessible
The Australian Government has taken a significant step towards promoting electric vehicle adoption with a groundbreaking $150 million initiative through the Clean Energy Finance Corporation (CEFC). Under the new programme, eligible Australians can access low-interest loans for electric vehicles priced up to $55,000, with interest rates sitting up to 5 percentage points below standard market rates. This could translate to savings of over $8,000 on a $40,000 loan over a seven-year term. The initiative specifically targets workers earning under $100,000 annually and essential workers, including police officers, teachers, firefighters, and nurses. In a comprehensive approach to EV adoption, the loans [...]
