Mitsubishi won't slash prices to remain a top-five brand in Australia
Mitsubishi says it intends to remain profitable in Australia while offering good-value products, but it won't slash its prices to remain a top-five auto brand here.
"While we have acknowledged a top-five volume target in the past, we aren't targeting a specific ranking or number," Mitsubishi Motors Australia Limited CEO Shaun Westcott told CarExpert as part of an interview for our Expert Insights series.
"Our focus remains on delivering quality vehicles that consumers want, and supporting them throughout their ownership experience, while remaining profitable."
Last year, Mitsubishi delivered 74,547 vehicles in Australia, making it the fifth best-selling brand on the market. It was up one spot and over 11,000 sales compared with its 2023 tally, though down slightly on its fourth-place position in 2022 when it delivered close to 77,000 vehicles.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Mitsubishi sales have ebbed and flowed somewhat over the years. It reached a height of 84,123 deliveries in 1998, but annual deliveries wouldn't exceed 80,000 units again until 2017. It managed this feat in 2018 and 2019 as well, in the dying days of the popular Lancer.
While Mitsubishi vehicles like the outgoing ASX have often undercut rivals from Japan and Europe, a raft of Chinese brands have entered the Australian market with sharply priced vehicles of their own.
The ASX opens at $24,290 before on-road costs, but the new Chery Tiggo 4 opens at $23,990 drive-away.
Its Outlander, the second best-selling mid-size SUV in Australia, opens at $39,990 before on-roads, which sees it undercut by the Chery Tiggo 8 Pro Max, MG HS, and GWM Haval H6.
Many of these Chinese rivals have also offered significantly discounted pricing as part of runout or EOFY deals.
"In the current competitive landscape, heavily discounting and increasing incentives are a short-term race to the bottom," said Mr Westcott.
"Mitsubishi is a volume player, but we have moved beyond being seen as 'cheap'; we are now known for creating value via well-equipped, capable and reliable vehicles that fit Australian customers."
Likely to impact Mitsubishi's performance this year, however, is the loss of a few key vehicles.
A new Australian Design Rule (ADR) that came into effect on March 1, 2025, outlining specific performance requirements for autonomous emergency braking (AEB) systems, forced Mitsubishi to discontinue the Eclipse Cross, Pajero Sport, and the Japanese-built ASX.
The ASX nameplate isn't dead, however, with a replacement – a rebadged Renault Captur, built in Spain – due late on sale here in 2025.
Mitsubishi was also able to secure sufficient stock of discontinued vehicles, complied before March 1, to the point these vehicles remain on its local website as at the end of May.
The company still sold enough ASXs in April, for example, to make it the sixth best-selling vehicle in its segment.
The Pajero Sport also still managed to outsell sharply priced rivals from challenger brands like the LDV D90 and KGM Rexton, even if it fell far short of the likes of the Isuzu MU-X.
A new-generation Pajero Sport is expected in 2026 following a commitment from the brand to remain in key vehicle segments in which the brand is already established.
Mitsubishi has confirmed it's in development, though whether it retains the Pajero Sport name is "still to be decided".
However, Mitsubishi says it's too early to confirm the Renault Scenic E-Tech-based Eclipse Cross EV set to be revealed in September, while a separate electric vehicle (EV) based on the Nissan Leaf and intended for North America is also uncertain to come here.
Instead, Mitsubishi has confirmed a new product in the shape of an EV sourced from Taiwanese firm Foxtron. It's due in Australia during the second half of 2026.
That will see Mitsubishi offer four to five nameplates in Australia by the end of 2026. Prior to March 1, Mitsubishi was importing vehicles into Australia across five nameplates.
Mitsubishi says between now and 2030 it will launch at least eight new and refreshed models in Australia.
"It has been well publicised, and I have to say sensationalised, that we reduced our model lineup at the start of 2025 due to a change in ADR requirements," said Mr Westcott.
"This wasn't limited to Mitsubishi but also impacted other brands, who seem to have escaped some of the sensationalism.
"We did announce the replacement of the ASX simultaneously, but some media houses chose to ignore or downplay this in exchange for sensationalist headlines.
"The timing of this change restricted us to confirming only the ASX replacement at the time, but we also said other new models would be confirmed in due course which has subsequently happened, as promised.
"Our future lineup will include a balanced mix of petrol, diesel, PHEV, and EV models – all designed for the Australian lifestyle and backed by our 10/10 warranty and capped-price servicing."
While the days of the Lancer, Magna and Pajero are long gone, Mitsubishi remains a high-volume brand in Australia thanks to the popularity of vehicles like the ASX, Outlander and Triton.
"From a Mitsubishi perspective, we have been selling vehicles in Australia for 45 years, and we intend to be here for the foreseeable future, and beyond," said Mr Westcott.
"You can't buy history like that, or the affinity with the Australian market that it creates.
"Our Australian manufacturing legacy remains strong; we are part of the Australian fabric, particularly in South Australia. And that can create a strong emotional connection."
Mr Westcott also noted Mitsubishi's network of over 200 dealers and extensive parts and aftersales support.
"We intend to remain a key player in the automotive segment in Australia for decades to come," he added.
Our full Expert Insights interview with Shaun Westcott will be published on Saturday, May 31.
Content originally sourced from: CarExpert.com.au
Mitsubishi says it intends to remain profitable in Australia while offering good-value products, but it won't slash its prices to remain a top-five auto brand here.
"While we have acknowledged a top-five volume target in the past, we aren't targeting a specific ranking or number," Mitsubishi Motors Australia Limited CEO Shaun Westcott told CarExpert as part of an interview for our Expert Insights series.
"Our focus remains on delivering quality vehicles that consumers want, and supporting them throughout their ownership experience, while remaining profitable."
Last year, Mitsubishi delivered 74,547 vehicles in Australia, making it the fifth best-selling brand on the market. It was up one spot and over 11,000 sales compared with its 2023 tally, though down slightly on its fourth-place position in 2022 when it delivered close to 77,000 vehicles.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Mitsubishi sales have ebbed and flowed somewhat over the years. It reached a height of 84,123 deliveries in 1998, but annual deliveries wouldn't exceed 80,000 units again until 2017. It managed this feat in 2018 and 2019 as well, in the dying days of the popular Lancer.
While Mitsubishi vehicles like the outgoing ASX have often undercut rivals from Japan and Europe, a raft of Chinese brands have entered the Australian market with sharply priced vehicles of their own.
The ASX opens at $24,290 before on-road costs, but the new Chery Tiggo 4 opens at $23,990 drive-away.
Its Outlander, the second best-selling mid-size SUV in Australia, opens at $39,990 before on-roads, which sees it undercut by the Chery Tiggo 8 Pro Max, MG HS, and GWM Haval H6.
Many of these Chinese rivals have also offered significantly discounted pricing as part of runout or EOFY deals.
"In the current competitive landscape, heavily discounting and increasing incentives are a short-term race to the bottom," said Mr Westcott.
"Mitsubishi is a volume player, but we have moved beyond being seen as 'cheap'; we are now known for creating value via well-equipped, capable and reliable vehicles that fit Australian customers."
Likely to impact Mitsubishi's performance this year, however, is the loss of a few key vehicles.
A new Australian Design Rule (ADR) that came into effect on March 1, 2025, outlining specific performance requirements for autonomous emergency braking (AEB) systems, forced Mitsubishi to discontinue the Eclipse Cross, Pajero Sport, and the Japanese-built ASX.
The ASX nameplate isn't dead, however, with a replacement – a rebadged Renault Captur, built in Spain – due late on sale here in 2025.
Mitsubishi was also able to secure sufficient stock of discontinued vehicles, complied before March 1, to the point these vehicles remain on its local website as at the end of May.
The company still sold enough ASXs in April, for example, to make it the sixth best-selling vehicle in its segment.
The Pajero Sport also still managed to outsell sharply priced rivals from challenger brands like the LDV D90 and KGM Rexton, even if it fell far short of the likes of the Isuzu MU-X.
A new-generation Pajero Sport is expected in 2026 following a commitment from the brand to remain in key vehicle segments in which the brand is already established.
Mitsubishi has confirmed it's in development, though whether it retains the Pajero Sport name is "still to be decided".
However, Mitsubishi says it's too early to confirm the Renault Scenic E-Tech-based Eclipse Cross EV set to be revealed in September, while a separate electric vehicle (EV) based on the Nissan Leaf and intended for North America is also uncertain to come here.
Instead, Mitsubishi has confirmed a new product in the shape of an EV sourced from Taiwanese firm Foxtron. It's due in Australia during the second half of 2026.
That will see Mitsubishi offer four to five nameplates in Australia by the end of 2026. Prior to March 1, Mitsubishi was importing vehicles into Australia across five nameplates.
Mitsubishi says between now and 2030 it will launch at least eight new and refreshed models in Australia.
"It has been well publicised, and I have to say sensationalised, that we reduced our model lineup at the start of 2025 due to a change in ADR requirements," said Mr Westcott.
"This wasn't limited to Mitsubishi but also impacted other brands, who seem to have escaped some of the sensationalism.
"We did announce the replacement of the ASX simultaneously, but some media houses chose to ignore or downplay this in exchange for sensationalist headlines.
"The timing of this change restricted us to confirming only the ASX replacement at the time, but we also said other new models would be confirmed in due course which has subsequently happened, as promised.
"Our future lineup will include a balanced mix of petrol, diesel, PHEV, and EV models – all designed for the Australian lifestyle and backed by our 10/10 warranty and capped-price servicing."
While the days of the Lancer, Magna and Pajero are long gone, Mitsubishi remains a high-volume brand in Australia thanks to the popularity of vehicles like the ASX, Outlander and Triton.
"From a Mitsubishi perspective, we have been selling vehicles in Australia for 45 years, and we intend to be here for the foreseeable future, and beyond," said Mr Westcott.
"You can't buy history like that, or the affinity with the Australian market that it creates.
"Our Australian manufacturing legacy remains strong; we are part of the Australian fabric, particularly in South Australia. And that can create a strong emotional connection."
Mr Westcott also noted Mitsubishi's network of over 200 dealers and extensive parts and aftersales support.
"We intend to remain a key player in the automotive segment in Australia for decades to come," he added.
Our full Expert Insights interview with Shaun Westcott will be published on Saturday, May 31.
Content originally sourced from: CarExpert.com.au
Mitsubishi says it intends to remain profitable in Australia while offering good-value products, but it won't slash its prices to remain a top-five auto brand here.
"While we have acknowledged a top-five volume target in the past, we aren't targeting a specific ranking or number," Mitsubishi Motors Australia Limited CEO Shaun Westcott told CarExpert as part of an interview for our Expert Insights series.
"Our focus remains on delivering quality vehicles that consumers want, and supporting them throughout their ownership experience, while remaining profitable."
Last year, Mitsubishi delivered 74,547 vehicles in Australia, making it the fifth best-selling brand on the market. It was up one spot and over 11,000 sales compared with its 2023 tally, though down slightly on its fourth-place position in 2022 when it delivered close to 77,000 vehicles.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Mitsubishi sales have ebbed and flowed somewhat over the years. It reached a height of 84,123 deliveries in 1998, but annual deliveries wouldn't exceed 80,000 units again until 2017. It managed this feat in 2018 and 2019 as well, in the dying days of the popular Lancer.
While Mitsubishi vehicles like the outgoing ASX have often undercut rivals from Japan and Europe, a raft of Chinese brands have entered the Australian market with sharply priced vehicles of their own.
The ASX opens at $24,290 before on-road costs, but the new Chery Tiggo 4 opens at $23,990 drive-away.
Its Outlander, the second best-selling mid-size SUV in Australia, opens at $39,990 before on-roads, which sees it undercut by the Chery Tiggo 8 Pro Max, MG HS, and GWM Haval H6.
Many of these Chinese rivals have also offered significantly discounted pricing as part of runout or EOFY deals.
"In the current competitive landscape, heavily discounting and increasing incentives are a short-term race to the bottom," said Mr Westcott.
"Mitsubishi is a volume player, but we have moved beyond being seen as 'cheap'; we are now known for creating value via well-equipped, capable and reliable vehicles that fit Australian customers."
Likely to impact Mitsubishi's performance this year, however, is the loss of a few key vehicles.
A new Australian Design Rule (ADR) that came into effect on March 1, 2025, outlining specific performance requirements for autonomous emergency braking (AEB) systems, forced Mitsubishi to discontinue the Eclipse Cross, Pajero Sport, and the Japanese-built ASX.
The ASX nameplate isn't dead, however, with a replacement – a rebadged Renault Captur, built in Spain – due late on sale here in 2025.
Mitsubishi was also able to secure sufficient stock of discontinued vehicles, complied before March 1, to the point these vehicles remain on its local website as at the end of May.
The company still sold enough ASXs in April, for example, to make it the sixth best-selling vehicle in its segment.
The Pajero Sport also still managed to outsell sharply priced rivals from challenger brands like the LDV D90 and KGM Rexton, even if it fell far short of the likes of the Isuzu MU-X.
A new-generation Pajero Sport is expected in 2026 following a commitment from the brand to remain in key vehicle segments in which the brand is already established.
Mitsubishi has confirmed it's in development, though whether it retains the Pajero Sport name is "still to be decided".
However, Mitsubishi says it's too early to confirm the Renault Scenic E-Tech-based Eclipse Cross EV set to be revealed in September, while a separate electric vehicle (EV) based on the Nissan Leaf and intended for North America is also uncertain to come here.
Instead, Mitsubishi has confirmed a new product in the shape of an EV sourced from Taiwanese firm Foxtron. It's due in Australia during the second half of 2026.
That will see Mitsubishi offer four to five nameplates in Australia by the end of 2026. Prior to March 1, Mitsubishi was importing vehicles into Australia across five nameplates.
Mitsubishi says between now and 2030 it will launch at least eight new and refreshed models in Australia.
"It has been well publicised, and I have to say sensationalised, that we reduced our model lineup at the start of 2025 due to a change in ADR requirements," said Mr Westcott.
"This wasn't limited to Mitsubishi but also impacted other brands, who seem to have escaped some of the sensationalism.
"We did announce the replacement of the ASX simultaneously, but some media houses chose to ignore or downplay this in exchange for sensationalist headlines.
"The timing of this change restricted us to confirming only the ASX replacement at the time, but we also said other new models would be confirmed in due course which has subsequently happened, as promised.
"Our future lineup will include a balanced mix of petrol, diesel, PHEV, and EV models – all designed for the Australian lifestyle and backed by our 10/10 warranty and capped-price servicing."
While the days of the Lancer, Magna and Pajero are long gone, Mitsubishi remains a high-volume brand in Australia thanks to the popularity of vehicles like the ASX, Outlander and Triton.
"From a Mitsubishi perspective, we have been selling vehicles in Australia for 45 years, and we intend to be here for the foreseeable future, and beyond," said Mr Westcott.
"You can't buy history like that, or the affinity with the Australian market that it creates.
"Our Australian manufacturing legacy remains strong; we are part of the Australian fabric, particularly in South Australia. And that can create a strong emotional connection."
Mr Westcott also noted Mitsubishi's network of over 200 dealers and extensive parts and aftersales support.
"We intend to remain a key player in the automotive segment in Australia for decades to come," he added.
Our full Expert Insights interview with Shaun Westcott will be published on Saturday, May 31.
Content originally sourced from: CarExpert.com.au
Mitsubishi says it intends to remain profitable in Australia while offering good-value products, but it won't slash its prices to remain a top-five auto brand here.
"While we have acknowledged a top-five volume target in the past, we aren't targeting a specific ranking or number," Mitsubishi Motors Australia Limited CEO Shaun Westcott told CarExpert as part of an interview for our Expert Insights series.
"Our focus remains on delivering quality vehicles that consumers want, and supporting them throughout their ownership experience, while remaining profitable."
Last year, Mitsubishi delivered 74,547 vehicles in Australia, making it the fifth best-selling brand on the market. It was up one spot and over 11,000 sales compared with its 2023 tally, though down slightly on its fourth-place position in 2022 when it delivered close to 77,000 vehicles.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Mitsubishi sales have ebbed and flowed somewhat over the years. It reached a height of 84,123 deliveries in 1998, but annual deliveries wouldn't exceed 80,000 units again until 2017. It managed this feat in 2018 and 2019 as well, in the dying days of the popular Lancer.
While Mitsubishi vehicles like the outgoing ASX have often undercut rivals from Japan and Europe, a raft of Chinese brands have entered the Australian market with sharply priced vehicles of their own.
The ASX opens at $24,290 before on-road costs, but the new Chery Tiggo 4 opens at $23,990 drive-away.
Its Outlander, the second best-selling mid-size SUV in Australia, opens at $39,990 before on-roads, which sees it undercut by the Chery Tiggo 8 Pro Max, MG HS, and GWM Haval H6.
Many of these Chinese rivals have also offered significantly discounted pricing as part of runout or EOFY deals.
"In the current competitive landscape, heavily discounting and increasing incentives are a short-term race to the bottom," said Mr Westcott.
"Mitsubishi is a volume player, but we have moved beyond being seen as 'cheap'; we are now known for creating value via well-equipped, capable and reliable vehicles that fit Australian customers."
Likely to impact Mitsubishi's performance this year, however, is the loss of a few key vehicles.
A new Australian Design Rule (ADR) that came into effect on March 1, 2025, outlining specific performance requirements for autonomous emergency braking (AEB) systems, forced Mitsubishi to discontinue the Eclipse Cross, Pajero Sport, and the Japanese-built ASX.
The ASX nameplate isn't dead, however, with a replacement – a rebadged Renault Captur, built in Spain – due late on sale here in 2025.
Mitsubishi was also able to secure sufficient stock of discontinued vehicles, complied before March 1, to the point these vehicles remain on its local website as at the end of May.
The company still sold enough ASXs in April, for example, to make it the sixth best-selling vehicle in its segment.
The Pajero Sport also still managed to outsell sharply priced rivals from challenger brands like the LDV D90 and KGM Rexton, even if it fell far short of the likes of the Isuzu MU-X.
A new-generation Pajero Sport is expected in 2026 following a commitment from the brand to remain in key vehicle segments in which the brand is already established.
Mitsubishi has confirmed it's in development, though whether it retains the Pajero Sport name is "still to be decided".
However, Mitsubishi says it's too early to confirm the Renault Scenic E-Tech-based Eclipse Cross EV set to be revealed in September, while a separate electric vehicle (EV) based on the Nissan Leaf and intended for North America is also uncertain to come here.
Instead, Mitsubishi has confirmed a new product in the shape of an EV sourced from Taiwanese firm Foxtron. It's due in Australia during the second half of 2026.
That will see Mitsubishi offer four to five nameplates in Australia by the end of 2026. Prior to March 1, Mitsubishi was importing vehicles into Australia across five nameplates.
Mitsubishi says between now and 2030 it will launch at least eight new and refreshed models in Australia.
"It has been well publicised, and I have to say sensationalised, that we reduced our model lineup at the start of 2025 due to a change in ADR requirements," said Mr Westcott.
"This wasn't limited to Mitsubishi but also impacted other brands, who seem to have escaped some of the sensationalism.
"We did announce the replacement of the ASX simultaneously, but some media houses chose to ignore or downplay this in exchange for sensationalist headlines.
"The timing of this change restricted us to confirming only the ASX replacement at the time, but we also said other new models would be confirmed in due course which has subsequently happened, as promised.
"Our future lineup will include a balanced mix of petrol, diesel, PHEV, and EV models – all designed for the Australian lifestyle and backed by our 10/10 warranty and capped-price servicing."
While the days of the Lancer, Magna and Pajero are long gone, Mitsubishi remains a high-volume brand in Australia thanks to the popularity of vehicles like the ASX, Outlander and Triton.
"From a Mitsubishi perspective, we have been selling vehicles in Australia for 45 years, and we intend to be here for the foreseeable future, and beyond," said Mr Westcott.
"You can't buy history like that, or the affinity with the Australian market that it creates.
"Our Australian manufacturing legacy remains strong; we are part of the Australian fabric, particularly in South Australia. And that can create a strong emotional connection."
Mr Westcott also noted Mitsubishi's network of over 200 dealers and extensive parts and aftersales support.
"We intend to remain a key player in the automotive segment in Australia for decades to come," he added.
Our full Expert Insights interview with Shaun Westcott will be published on Saturday, May 31.
Content originally sourced from: CarExpert.com.au
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The administration has launched an appeal, decrying "unelected judges" should not decide how to address a "national emergency". Australia will not retaliate despite Donald Trump's "wrong" tariff hike decision on steel imports. Mr Trump plans to increase tariffs on foreign steel from 25 to 50 per cent to "further secure the steel industry in the United States". The move could impact 100,000 Australian jobs, with the sector exporting more than $414 million worth of products to the US in 2024. Trade Minister Don Farrell is calling on the Trump administration to reverse the decision and drop all tariffs on Australian steel and aluminium. "This will simply push up the price for consumers in the United States and do nothing for the prosperity of both of our nations," he told reporters on Saturday. Mr Farrell said the government would work with the US but reiterate the view that tariffs were "the wrong course of action" and "don't do what President Trump claims they will do". 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F1 leader Piastri claims pole position for Spanish GP
Australia's Formula One championship leader Oscar Piastri has grabbed pole position for the Spanish Grand Prix ahead of McLaren teammate Lando Norris. Piastri leads Norris by three points in the standings after eight of 24 races. Defending champion Max Verstappen will start Sunday's race from third in his Red Bull. He is 25 points off Piastri's lead. It was the Australian's fourth pole of the season. Red Bull's Verstappen was one spot clear of Mercedes' George Russell. Verstappen and Russell set identical times with the former taking the higher grid slot after setting his time first. Ferrari's Lewis Hamilton qualified fifth with Kimi Antonelli sixth for Mercedes and Charles Leclerc, who completed just one quick lap in Q3, seventh. McLaren have won six of the eight rounds so far, and their rivals might have hoped that a clampdown on flexible front wings - which some believe has contributed to the British team's rise - would slow them down. However, the rule tweak has done little to influence McLaren's speed, with Piastri and Norris embroiled in a tense battle for pole. Norris secured top spot in Monaco a week ago before going on to claim his first win since March's season-opening round in Melbourne. He ended the first runs in Q3 holding a slender 0.017 sec margin over his team-mate. Norris enjoyed a tow off Piastri's McLaren with the Australian calling his team-mate's antics "cheeky". The McLaren duo returned for a final shot at pole and although Norris improved on his first lap, it was Piastri who lit up the timesheets by taking his fourth pole of the season by two tenths. "I am very happy," said Piastri. "It didn't start off in the best way. I was struggling but I found pace and the car has been mega. "I improved quite a lot in Turn 1 on my second lap and it all came together. It wasn't the perfect lap. It is going to be an interesting one tomorrow and I am pretty glad I am starting from pole." Norris said: "Oscar drove very well. The pace was there but I made a few mistakes." Hamilton called his car "undriveable" in practice on Friday, but he will take comfort from out-qualifying Leclerc for the first time since the second round in China, albeit half-a-second back from Piastri. Home favourite Carlos Sainz qualified a disappointing 18th while Red Bull's Yuki Tsunoda will prop up the grid after he clocked the slowest time with just eight tenths separating first to last in Q1. British rookie Ollie Bearman progressed to Q2, and will line up from 15th, two places clear of Esteban Ocon in the other Haas. Australia's Formula One championship leader Oscar Piastri has grabbed pole position for the Spanish Grand Prix ahead of McLaren teammate Lando Norris. Piastri leads Norris by three points in the standings after eight of 24 races. Defending champion Max Verstappen will start Sunday's race from third in his Red Bull. He is 25 points off Piastri's lead. It was the Australian's fourth pole of the season. Red Bull's Verstappen was one spot clear of Mercedes' George Russell. Verstappen and Russell set identical times with the former taking the higher grid slot after setting his time first. Ferrari's Lewis Hamilton qualified fifth with Kimi Antonelli sixth for Mercedes and Charles Leclerc, who completed just one quick lap in Q3, seventh. McLaren have won six of the eight rounds so far, and their rivals might have hoped that a clampdown on flexible front wings - which some believe has contributed to the British team's rise - would slow them down. However, the rule tweak has done little to influence McLaren's speed, with Piastri and Norris embroiled in a tense battle for pole. Norris secured top spot in Monaco a week ago before going on to claim his first win since March's season-opening round in Melbourne. He ended the first runs in Q3 holding a slender 0.017 sec margin over his team-mate. Norris enjoyed a tow off Piastri's McLaren with the Australian calling his team-mate's antics "cheeky". The McLaren duo returned for a final shot at pole and although Norris improved on his first lap, it was Piastri who lit up the timesheets by taking his fourth pole of the season by two tenths. "I am very happy," said Piastri. "It didn't start off in the best way. I was struggling but I found pace and the car has been mega. "I improved quite a lot in Turn 1 on my second lap and it all came together. It wasn't the perfect lap. It is going to be an interesting one tomorrow and I am pretty glad I am starting from pole." Norris said: "Oscar drove very well. The pace was there but I made a few mistakes." Hamilton called his car "undriveable" in practice on Friday, but he will take comfort from out-qualifying Leclerc for the first time since the second round in China, albeit half-a-second back from Piastri. Home favourite Carlos Sainz qualified a disappointing 18th while Red Bull's Yuki Tsunoda will prop up the grid after he clocked the slowest time with just eight tenths separating first to last in Q1. British rookie Ollie Bearman progressed to Q2, and will line up from 15th, two places clear of Esteban Ocon in the other Haas. Australia's Formula One championship leader Oscar Piastri has grabbed pole position for the Spanish Grand Prix ahead of McLaren teammate Lando Norris. Piastri leads Norris by three points in the standings after eight of 24 races. Defending champion Max Verstappen will start Sunday's race from third in his Red Bull. He is 25 points off Piastri's lead. It was the Australian's fourth pole of the season. Red Bull's Verstappen was one spot clear of Mercedes' George Russell. Verstappen and Russell set identical times with the former taking the higher grid slot after setting his time first. Ferrari's Lewis Hamilton qualified fifth with Kimi Antonelli sixth for Mercedes and Charles Leclerc, who completed just one quick lap in Q3, seventh. McLaren have won six of the eight rounds so far, and their rivals might have hoped that a clampdown on flexible front wings - which some believe has contributed to the British team's rise - would slow them down. However, the rule tweak has done little to influence McLaren's speed, with Piastri and Norris embroiled in a tense battle for pole. Norris secured top spot in Monaco a week ago before going on to claim his first win since March's season-opening round in Melbourne. He ended the first runs in Q3 holding a slender 0.017 sec margin over his team-mate. Norris enjoyed a tow off Piastri's McLaren with the Australian calling his team-mate's antics "cheeky". The McLaren duo returned for a final shot at pole and although Norris improved on his first lap, it was Piastri who lit up the timesheets by taking his fourth pole of the season by two tenths. "I am very happy," said Piastri. "It didn't start off in the best way. I was struggling but I found pace and the car has been mega. "I improved quite a lot in Turn 1 on my second lap and it all came together. It wasn't the perfect lap. It is going to be an interesting one tomorrow and I am pretty glad I am starting from pole." Norris said: "Oscar drove very well. The pace was there but I made a few mistakes." Hamilton called his car "undriveable" in practice on Friday, but he will take comfort from out-qualifying Leclerc for the first time since the second round in China, albeit half-a-second back from Piastri. Home favourite Carlos Sainz qualified a disappointing 18th while Red Bull's Yuki Tsunoda will prop up the grid after he clocked the slowest time with just eight tenths separating first to last in Q1. British rookie Ollie Bearman progressed to Q2, and will line up from 15th, two places clear of Esteban Ocon in the other Haas. Australia's Formula One championship leader Oscar Piastri has grabbed pole position for the Spanish Grand Prix ahead of McLaren teammate Lando Norris. Piastri leads Norris by three points in the standings after eight of 24 races. Defending champion Max Verstappen will start Sunday's race from third in his Red Bull. He is 25 points off Piastri's lead. It was the Australian's fourth pole of the season. Red Bull's Verstappen was one spot clear of Mercedes' George Russell. Verstappen and Russell set identical times with the former taking the higher grid slot after setting his time first. Ferrari's Lewis Hamilton qualified fifth with Kimi Antonelli sixth for Mercedes and Charles Leclerc, who completed just one quick lap in Q3, seventh. McLaren have won six of the eight rounds so far, and their rivals might have hoped that a clampdown on flexible front wings - which some believe has contributed to the British team's rise - would slow them down. However, the rule tweak has done little to influence McLaren's speed, with Piastri and Norris embroiled in a tense battle for pole. Norris secured top spot in Monaco a week ago before going on to claim his first win since March's season-opening round in Melbourne. He ended the first runs in Q3 holding a slender 0.017 sec margin over his team-mate. Norris enjoyed a tow off Piastri's McLaren with the Australian calling his team-mate's antics "cheeky". The McLaren duo returned for a final shot at pole and although Norris improved on his first lap, it was Piastri who lit up the timesheets by taking his fourth pole of the season by two tenths. "I am very happy," said Piastri. "It didn't start off in the best way. I was struggling but I found pace and the car has been mega. "I improved quite a lot in Turn 1 on my second lap and it all came together. It wasn't the perfect lap. It is going to be an interesting one tomorrow and I am pretty glad I am starting from pole." Norris said: "Oscar drove very well. The pace was there but I made a few mistakes." Hamilton called his car "undriveable" in practice on Friday, but he will take comfort from out-qualifying Leclerc for the first time since the second round in China, albeit half-a-second back from Piastri. Home favourite Carlos Sainz qualified a disappointing 18th while Red Bull's Yuki Tsunoda will prop up the grid after he clocked the slowest time with just eight tenths separating first to last in Q1. British rookie Ollie Bearman progressed to Q2, and will line up from 15th, two places clear of Esteban Ocon in the other Haas.
News.com.au
3 hours ago
- News.com.au
Stock Tips: WTC could be a wise choice this week
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. Andrew Eddy – Morgans Financial BUY WiseTech Global (ASX:WTC) Wisetech is acquiring E2open, expanding its market reach and capabilities, driving revenue and EBITDA growth, and offering a compelling opportunity to further extend the company's growth runway. Aurizon Holdings (ASX:AZJ) Earnings from the Network and Coal segments will continue to deliver higher cash returns to shareholders and investment into Bulk and Containerised Freight will provide longer term growth. HOLD Lovisa Holdings (ASX:LOV) Lovisa's recent milestone of opening its 1,000th store globally signifies its strong growth and global presence. It continues to have ambitious expansion plans. Regis Resources (ASX:RRL) Regis is well positioned to maintain significant share price torque to the price of gold, aided by a robust production profile and underappreciated organic growth at Duketon. SELL Telstra (ASX:TLS) Although having some defensive qualities, Telstra continues to trade above its long-term average multiple, which is hard to justify considering its minimal long-term growth and competition risk. Adriatic Metals (ASX:ADT) Adriatic's share price has bounced recently on takeover talk. While high-grade metal assets with compelling economics are rare, everything has a price. Dylan Evans – Catapult Wealth BUY Goodman Group (ASX:GMG) Goodman Group's portfolio of quality industrial properties and data centres should be well supported by long-term demand trends in online retail and data hosting. Steadfast (ASX:SDF) As the largest general insurance broker in Australia, Steadfast offer exposure to growth in insurance premiums, but without the underwriting risk of the insurers. HOLD Auckland International Airport (ASX:AIA) As New Zealand's primary overseas travel gateway, Auckland Airport is a key piece of infrastructure. Overseas travel still lags pre-covid levels, but is showing signs of recovery. Woolworths (ASX:WOW) Woolworths has been losing market share to its competitors over the last few years and is now going through another restructure to regain this lost share. We expect regaining this momentum will take several years. SELL A2 Milk (ASX:A2M) The Chinese infant formula market is a key part of A2 milk's product sales. Despite reporting growth in its 1H25 results, this market faces long-term challenges, including declining birth rates. BWP Trust (BWP) A solid property trust on most metrics, with modest debt, high occupancy, and a decent 5.2% yield. Concern is always with the potential influence and reliance on Wesfarmers, who have an ownership stake and contribute 85% of the rental income via Bunnings.
