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Home / New Zealand

<i>The good oil:</i> Aussie golden oldie

18 Nov, 2006 04:15 AM3 mins to read

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KEY POINTS:

The Beatles were singing Hey Jude when Holden put out the 327 GTS Monaro coupe in 1968-69, priced at A$3700 ($4300).

The car became a hero model - race versions filled the first three places in the 1969 Bathurst endurance event, a record clean sweep.

Thirty-seven years on,
a the yellow HK Monaro GTS 327 Bathurst coupeset another record.

It sold at auction in Sydney for A$220,000.

Another Bathurst competitor, a 1971 E38 R/T Bathurst Chrysler Charger coupe, was knocked down for A$128,000, and a a 1968 left-hand-drive Mustang coupe A$150,000.

Toyota takes Isuzu

Toyota has bought a 5.9 per cent stake in Japan's diesel specialist Isuzu, a move analysts say will lead to more diesel models carrying the Toyota badge.

The stake cost Toyota US$373 million ($566 million).

Isuzu will take the lead on developing a range of small diesels and new diesel-emission technology, while Toyota will concentrate on alternative-fuel efforts.

Terminating warming

The re-elected Republican governor of California, Arnold Schwarzenegger, is urging his party - which has lost control of the United States Senate and House of Representatives - to think green.

The former movie star's decision to help curb global warming through tougher regulations is thought to have been one of the keys to his victory.

Battery booster

General Motors plans to bring a plug-in hybrid vehicle to the Detroit motor show in January.

It will use a large battery pack mated to a small engine that would recharge the batteries during use.

The plug-in feature would boost batteries when not in use.

The difference from a Toyota or Honda hybrid would be the emphasis on electrical power and less reliance on the petrol or diesel engine.

Global goal

Toyota's latest "global plan" calls for the company sewing up 15 per cent of the world's automotive market by 2010.

The Wall Street Journal says the company's plan to be number one will hinge on expansion in Russia, India, China and Brazil.

Toyota controls 11 per cent of the world automotive market.

The 15 per cent figure includes affiliates Daihatsu and Hino.

Toyota is also planning on worldwide car sales of 73 million a year by 2010, up from 65 million last year.

We are the world

A Swiss tourist booked for speeding in Ontario, Canada, blamed it on the absence of goats in the area.

He told the traffic cop that he felt liberated to drive fast because, unlike in his country, there were no goats wandering on the highway.

And in Nigeria, reports the Associated Press, a man arrested for killing his brother with an axe insisted that he only tried to move a goat from his farm but that when it wouldn't move he hit it with the axe - at which point it turned into his brother.

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