GWM Tank 500 diesel debuts, but Australians will have to wait
That's despite the smaller Tank 300 receiving a turbo-diesel engine earlier this year, which has quickly become the most popular powertrain in that lineup.
The Toyota Prado-rivalling Tank 500 is receiving the same 2.4-litre turbo-diesel four-cylinder engine that's seen in the related GWM Cannon Alpha and Tank 300, for the Thai market.
However, this vehicle is being built in Thailand, and GWM Australia has confirmed our Tank 500 will continue to be sourced from China.
CarExpert can save you thousands on a new GWM Tank 500. Click here to get a great deal.
The 2.4-litre turbo-diesel produces 135kW and 480Nm of torque in the Thai-market Tank 500, and is available with either rear- or four-wheel drive.
The diesel-powered model is distinguished by a repositioned spare wheel, mounted under the vehicle instead of on the tailgate.
GWM has previously hinted the Tank 500 will gain an upcoming four-cylinder 3.0-litre turbo-diesel in Australia.
The bigger new engine, due for release around 2027, will also be fitted to the Cannon Alpha and Tank 700 off-road SUV, producing more power and torque than the brand's existing 2.0-litre and 2.4-litre oilers.
"Some powertrain, especially [in] the high-end SUV, will need the high-torque [engine]," GWM International vice president James Yang told Australian media in Shanghai earlier this year.
"So in China, or other market, we'll have the 2.4-litre diesel, especially in Thailand… But I think in Australia, the high-torque, big engine [is needed]. So for some products, we'll wait for this engine to launch in Australia."
It won't be the first Tank 500 powertrain Australia will miss out on, with a 3.0-litre turbocharged petrol V6 also offered overseas but not here.
GWM believes it can offset the emissions of its turbo-diesel offerings with a range of hybrids, plug-in hybrids (PHEVs) and electric vehicles (EVs)
"So in the future, I think the Australian market, the PHEV, and HEV, plus diesel is a good choice for the customer… and also we have the EV, but I think for some scenarios the sales volume can be not very high," said Mr Yang.
"So maybe these are the three types of powertrain that's much better for this market and also can balance the emissions."
GWM now offers hybrid powertrains across its Haval Jolion, Haval H6, Haval H7, Tank 300 and Tank 500 lineups, plus PHEV versions of the Haval H6 GT and Cannon Alpha (and, soon, the Tank 500).
It has just one EV, the Ora hatch, but it'll be joined by two more EVs by the end of next year.
Petrol power continues to be offered in the Haval Jolion, Haval H6 and Haval H6 GT lineups, and diesel power in the Tank 300, Cannon and Cannon Alpha.
The company has said its hybrid-heavy lineup has already allowed it to start accumulating credits under the New Vehicle Efficiency Standard (NVES), meaning it can continue to offer diesel models without copping financial penalties, and also avoid imposing price rises on customers as other brands have done.
GWM wants to be a top-five automotive brand in Australia by 2030, with plans to surpass 50,000 sales this year and reach 75,000 annual deliveries by the end of the decade.
MORE: Explore the GWM Tank 500 showroom
Content originally sourced from: CarExpert.com.au
TheGWM Tank 500 is gaining a diesel option in Thailand, but for now Australia will stick with hybrid and plug-in hybrid power.
That's despite the smaller Tank 300 receiving a turbo-diesel engine earlier this year, which has quickly become the most popular powertrain in that lineup.
The Toyota Prado-rivalling Tank 500 is receiving the same 2.4-litre turbo-diesel four-cylinder engine that's seen in the related GWM Cannon Alpha and Tank 300, for the Thai market.
However, this vehicle is being built in Thailand, and GWM Australia has confirmed our Tank 500 will continue to be sourced from China.
CarExpert can save you thousands on a new GWM Tank 500. Click here to get a great deal.
The 2.4-litre turbo-diesel produces 135kW and 480Nm of torque in the Thai-market Tank 500, and is available with either rear- or four-wheel drive.
The diesel-powered model is distinguished by a repositioned spare wheel, mounted under the vehicle instead of on the tailgate.
GWM has previously hinted the Tank 500 will gain an upcoming four-cylinder 3.0-litre turbo-diesel in Australia.
The bigger new engine, due for release around 2027, will also be fitted to the Cannon Alpha and Tank 700 off-road SUV, producing more power and torque than the brand's existing 2.0-litre and 2.4-litre oilers.
"Some powertrain, especially [in] the high-end SUV, will need the high-torque [engine]," GWM International vice president James Yang told Australian media in Shanghai earlier this year.
"So in China, or other market, we'll have the 2.4-litre diesel, especially in Thailand… But I think in Australia, the high-torque, big engine [is needed]. So for some products, we'll wait for this engine to launch in Australia."
It won't be the first Tank 500 powertrain Australia will miss out on, with a 3.0-litre turbocharged petrol V6 also offered overseas but not here.
GWM believes it can offset the emissions of its turbo-diesel offerings with a range of hybrids, plug-in hybrids (PHEVs) and electric vehicles (EVs)
"So in the future, I think the Australian market, the PHEV, and HEV, plus diesel is a good choice for the customer… and also we have the EV, but I think for some scenarios the sales volume can be not very high," said Mr Yang.
"So maybe these are the three types of powertrain that's much better for this market and also can balance the emissions."
GWM now offers hybrid powertrains across its Haval Jolion, Haval H6, Haval H7, Tank 300 and Tank 500 lineups, plus PHEV versions of the Haval H6 GT and Cannon Alpha (and, soon, the Tank 500).
It has just one EV, the Ora hatch, but it'll be joined by two more EVs by the end of next year.
Petrol power continues to be offered in the Haval Jolion, Haval H6 and Haval H6 GT lineups, and diesel power in the Tank 300, Cannon and Cannon Alpha.
The company has said its hybrid-heavy lineup has already allowed it to start accumulating credits under the New Vehicle Efficiency Standard (NVES), meaning it can continue to offer diesel models without copping financial penalties, and also avoid imposing price rises on customers as other brands have done.
GWM wants to be a top-five automotive brand in Australia by 2030, with plans to surpass 50,000 sales this year and reach 75,000 annual deliveries by the end of the decade.
MORE: Explore the GWM Tank 500 showroom
Content originally sourced from: CarExpert.com.au
TheGWM Tank 500 is gaining a diesel option in Thailand, but for now Australia will stick with hybrid and plug-in hybrid power.
That's despite the smaller Tank 300 receiving a turbo-diesel engine earlier this year, which has quickly become the most popular powertrain in that lineup.
The Toyota Prado-rivalling Tank 500 is receiving the same 2.4-litre turbo-diesel four-cylinder engine that's seen in the related GWM Cannon Alpha and Tank 300, for the Thai market.
However, this vehicle is being built in Thailand, and GWM Australia has confirmed our Tank 500 will continue to be sourced from China.
CarExpert can save you thousands on a new GWM Tank 500. Click here to get a great deal.
The 2.4-litre turbo-diesel produces 135kW and 480Nm of torque in the Thai-market Tank 500, and is available with either rear- or four-wheel drive.
The diesel-powered model is distinguished by a repositioned spare wheel, mounted under the vehicle instead of on the tailgate.
GWM has previously hinted the Tank 500 will gain an upcoming four-cylinder 3.0-litre turbo-diesel in Australia.
The bigger new engine, due for release around 2027, will also be fitted to the Cannon Alpha and Tank 700 off-road SUV, producing more power and torque than the brand's existing 2.0-litre and 2.4-litre oilers.
"Some powertrain, especially [in] the high-end SUV, will need the high-torque [engine]," GWM International vice president James Yang told Australian media in Shanghai earlier this year.
"So in China, or other market, we'll have the 2.4-litre diesel, especially in Thailand… But I think in Australia, the high-torque, big engine [is needed]. So for some products, we'll wait for this engine to launch in Australia."
It won't be the first Tank 500 powertrain Australia will miss out on, with a 3.0-litre turbocharged petrol V6 also offered overseas but not here.
GWM believes it can offset the emissions of its turbo-diesel offerings with a range of hybrids, plug-in hybrids (PHEVs) and electric vehicles (EVs)
"So in the future, I think the Australian market, the PHEV, and HEV, plus diesel is a good choice for the customer… and also we have the EV, but I think for some scenarios the sales volume can be not very high," said Mr Yang.
"So maybe these are the three types of powertrain that's much better for this market and also can balance the emissions."
GWM now offers hybrid powertrains across its Haval Jolion, Haval H6, Haval H7, Tank 300 and Tank 500 lineups, plus PHEV versions of the Haval H6 GT and Cannon Alpha (and, soon, the Tank 500).
It has just one EV, the Ora hatch, but it'll be joined by two more EVs by the end of next year.
Petrol power continues to be offered in the Haval Jolion, Haval H6 and Haval H6 GT lineups, and diesel power in the Tank 300, Cannon and Cannon Alpha.
The company has said its hybrid-heavy lineup has already allowed it to start accumulating credits under the New Vehicle Efficiency Standard (NVES), meaning it can continue to offer diesel models without copping financial penalties, and also avoid imposing price rises on customers as other brands have done.
GWM wants to be a top-five automotive brand in Australia by 2030, with plans to surpass 50,000 sales this year and reach 75,000 annual deliveries by the end of the decade.
MORE: Explore the GWM Tank 500 showroom
Content originally sourced from: CarExpert.com.au
TheGWM Tank 500 is gaining a diesel option in Thailand, but for now Australia will stick with hybrid and plug-in hybrid power.
That's despite the smaller Tank 300 receiving a turbo-diesel engine earlier this year, which has quickly become the most popular powertrain in that lineup.
The Toyota Prado-rivalling Tank 500 is receiving the same 2.4-litre turbo-diesel four-cylinder engine that's seen in the related GWM Cannon Alpha and Tank 300, for the Thai market.
However, this vehicle is being built in Thailand, and GWM Australia has confirmed our Tank 500 will continue to be sourced from China.
CarExpert can save you thousands on a new GWM Tank 500. Click here to get a great deal.
The 2.4-litre turbo-diesel produces 135kW and 480Nm of torque in the Thai-market Tank 500, and is available with either rear- or four-wheel drive.
The diesel-powered model is distinguished by a repositioned spare wheel, mounted under the vehicle instead of on the tailgate.
GWM has previously hinted the Tank 500 will gain an upcoming four-cylinder 3.0-litre turbo-diesel in Australia.
The bigger new engine, due for release around 2027, will also be fitted to the Cannon Alpha and Tank 700 off-road SUV, producing more power and torque than the brand's existing 2.0-litre and 2.4-litre oilers.
"Some powertrain, especially [in] the high-end SUV, will need the high-torque [engine]," GWM International vice president James Yang told Australian media in Shanghai earlier this year.
"So in China, or other market, we'll have the 2.4-litre diesel, especially in Thailand… But I think in Australia, the high-torque, big engine [is needed]. So for some products, we'll wait for this engine to launch in Australia."
It won't be the first Tank 500 powertrain Australia will miss out on, with a 3.0-litre turbocharged petrol V6 also offered overseas but not here.
GWM believes it can offset the emissions of its turbo-diesel offerings with a range of hybrids, plug-in hybrids (PHEVs) and electric vehicles (EVs)
"So in the future, I think the Australian market, the PHEV, and HEV, plus diesel is a good choice for the customer… and also we have the EV, but I think for some scenarios the sales volume can be not very high," said Mr Yang.
"So maybe these are the three types of powertrain that's much better for this market and also can balance the emissions."
GWM now offers hybrid powertrains across its Haval Jolion, Haval H6, Haval H7, Tank 300 and Tank 500 lineups, plus PHEV versions of the Haval H6 GT and Cannon Alpha (and, soon, the Tank 500).
It has just one EV, the Ora hatch, but it'll be joined by two more EVs by the end of next year.
Petrol power continues to be offered in the Haval Jolion, Haval H6 and Haval H6 GT lineups, and diesel power in the Tank 300, Cannon and Cannon Alpha.
The company has said its hybrid-heavy lineup has already allowed it to start accumulating credits under the New Vehicle Efficiency Standard (NVES), meaning it can continue to offer diesel models without copping financial penalties, and also avoid imposing price rises on customers as other brands have done.
GWM wants to be a top-five automotive brand in Australia by 2030, with plans to surpass 50,000 sales this year and reach 75,000 annual deliveries by the end of the decade.
MORE: Explore the GWM Tank 500 showroom
Content originally sourced from: CarExpert.com.au
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The vehicles are tested on a 93km route around Geelong in Victoria, with tailpipe emissions captured on urban streets, rural roads and motorways and compared to lab test results. Surprisingly, a small SUV registered the greatest gap in fuel consumption during recent tests, with the Hyundai Kona Hybrid using 33 per cent more fuel on the road than in the lab. Another small SUV, the Kia Stonic, used 26 per cent more fuel than expected, followed by the Hyundai i30 Hybrid (17 per cent), the Toyota Fortuner (16 per cent), and the Kia Sportage Hybrid (14 per cent). Findings that one-third of the vehicles consumed more fuel on the road than in the lab indicated a widespread issue in the automotive industry, association managing director Michael Bradley said. "It's becoming clear that carmakers continue to optimise their vehicles' performance for lab testing, meaning new cars are too often overstating their improvements in fuel use and environmental performance," he said. "Some vehicles perform as advertised but most do not, and our program is seeking to reward carmakers that deliver genuine financial and environmental savings." In addition to fuel consumption, six of the 30 vehicles tested produced more noxious emissions than allowed under the Australian standard, including the Ford Ranger ute, Toyota Hi-Ace, and Toyota Fortuner. Five vehicles did buck the trend and use less fuel than expected, however, such as the Ford Transit van (nine per cent less), Lexus NX350h SUV (seven per cent less), and Mercedes-Benz GLC250 SUV (three per cent less). The program, funded by the federal government, has examined emissions from 114 vehicles since 2023 and found 88 models failed to meet their promised fuel consumption. The association will expand its tests to electric vehicles shortly, Mr Bradley said, and compare their on-road range to what consumers are promised. "Range anxiety continues to be a significant barrier to EV uptake," he said. 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"Some vehicles perform as advertised but most do not, and our program is seeking to reward carmakers that deliver genuine financial and environmental savings." In addition to fuel consumption, six of the 30 vehicles tested produced more noxious emissions than allowed under the Australian standard, including the Ford Ranger ute, Toyota Hi-Ace, and Toyota Fortuner. Five vehicles did buck the trend and use less fuel than expected, however, such as the Ford Transit van (nine per cent less), Lexus NX350h SUV (seven per cent less), and Mercedes-Benz GLC250 SUV (three per cent less). The program, funded by the federal government, has examined emissions from 114 vehicles since 2023 and found 88 models failed to meet their promised fuel consumption. The association will expand its tests to electric vehicles shortly, Mr Bradley said, and compare their on-road range to what consumers are promised. "Range anxiety continues to be a significant barrier to EV uptake," he said.
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A fireside chat starring a top Reserve Bank of Australia official will be closely watched as mortgage holders look for more signs confirming another interest rate cut. RBA deputy governor Andrew Hauser will speak at an economic forum hosted by investment bank Barrenjoey on Thursday. The event comes less than 24 hours after the Australian Bureau of Statistics revealed the Reserve Bank's preferred measure of inflation, the trimmed mean, eased to 2.7 per cent in the June quarter. The result was slightly softer than economists had expected and was widely interpreted as consistent with the RBA board lowering the cash rate to 3.6 per cent at its next meeting in August. Money markets are fully pricing in a 25 basis point cut and have upped the odds of a back-to-back cut in September to about 40 per cent, said Chief CommSec economist Ryan Felsman. But Mr Hauser could "offer some push-back about the need for rapid easing" at the Barrenjoey event in Sydney. The RBA stunned analysts by leaving rates on hold in July, with governor Michele Bullock telling an event last week that the board preferred a "measured and gradual" approach to easing interest rates. While less pivotal than inflation or jobs data, retail sales figures released by the ABS on Thursday will provide an update on the vitality of the Australian consumer. The recovery in household spending has been softer than the RBA had expected, the board said in minutes from its last meeting. But sales are expected to rebound to the highest level since the beginning of 2024, following a run of softer months. The retail print is the last the bureau will produce before it switches over to a more comprehensive measure of consumption, the monthly household spending indicator. As the government prepares for an economic roundtable aimed at fixing Australia's productivity woes, fault lines have opened up between businesses and unions on artificial intelligence. Peak union body the ACTU has called for tougher regulations to ensure AI does not lead to job losses, while business groups have warned against regulation that could stifle adoption of the technology. Independent MP Zali Steggall has called for the government to appoint a special envoy for AI and the future of work to drive adoption of the technology while addressing growing public distrust. "I am concerned it's going to be unions trying to put a lid on it," Ms Steggall told AAP. "Look, I am supportive of guardrails. It has to be done safely, but to suggest that you can put the genie back in the bottle is unrealistic." The former Winter Olympian on Thursday launched her economic plan to re-energise the economy while speeding the transition to net zero, by encouraging clean energy investment and reducing the cost of housing. A fireside chat starring a top Reserve Bank of Australia official will be closely watched as mortgage holders look for more signs confirming another interest rate cut. RBA deputy governor Andrew Hauser will speak at an economic forum hosted by investment bank Barrenjoey on Thursday. The event comes less than 24 hours after the Australian Bureau of Statistics revealed the Reserve Bank's preferred measure of inflation, the trimmed mean, eased to 2.7 per cent in the June quarter. The result was slightly softer than economists had expected and was widely interpreted as consistent with the RBA board lowering the cash rate to 3.6 per cent at its next meeting in August. Money markets are fully pricing in a 25 basis point cut and have upped the odds of a back-to-back cut in September to about 40 per cent, said Chief CommSec economist Ryan Felsman. But Mr Hauser could "offer some push-back about the need for rapid easing" at the Barrenjoey event in Sydney. The RBA stunned analysts by leaving rates on hold in July, with governor Michele Bullock telling an event last week that the board preferred a "measured and gradual" approach to easing interest rates. While less pivotal than inflation or jobs data, retail sales figures released by the ABS on Thursday will provide an update on the vitality of the Australian consumer. The recovery in household spending has been softer than the RBA had expected, the board said in minutes from its last meeting. But sales are expected to rebound to the highest level since the beginning of 2024, following a run of softer months. The retail print is the last the bureau will produce before it switches over to a more comprehensive measure of consumption, the monthly household spending indicator. As the government prepares for an economic roundtable aimed at fixing Australia's productivity woes, fault lines have opened up between businesses and unions on artificial intelligence. Peak union body the ACTU has called for tougher regulations to ensure AI does not lead to job losses, while business groups have warned against regulation that could stifle adoption of the technology. Independent MP Zali Steggall has called for the government to appoint a special envoy for AI and the future of work to drive adoption of the technology while addressing growing public distrust. "I am concerned it's going to be unions trying to put a lid on it," Ms Steggall told AAP. "Look, I am supportive of guardrails. It has to be done safely, but to suggest that you can put the genie back in the bottle is unrealistic." The former Winter Olympian on Thursday launched her economic plan to re-energise the economy while speeding the transition to net zero, by encouraging clean energy investment and reducing the cost of housing. A fireside chat starring a top Reserve Bank of Australia official will be closely watched as mortgage holders look for more signs confirming another interest rate cut. RBA deputy governor Andrew Hauser will speak at an economic forum hosted by investment bank Barrenjoey on Thursday. The event comes less than 24 hours after the Australian Bureau of Statistics revealed the Reserve Bank's preferred measure of inflation, the trimmed mean, eased to 2.7 per cent in the June quarter. The result was slightly softer than economists had expected and was widely interpreted as consistent with the RBA board lowering the cash rate to 3.6 per cent at its next meeting in August. Money markets are fully pricing in a 25 basis point cut and have upped the odds of a back-to-back cut in September to about 40 per cent, said Chief CommSec economist Ryan Felsman. But Mr Hauser could "offer some push-back about the need for rapid easing" at the Barrenjoey event in Sydney. The RBA stunned analysts by leaving rates on hold in July, with governor Michele Bullock telling an event last week that the board preferred a "measured and gradual" approach to easing interest rates. While less pivotal than inflation or jobs data, retail sales figures released by the ABS on Thursday will provide an update on the vitality of the Australian consumer. The recovery in household spending has been softer than the RBA had expected, the board said in minutes from its last meeting. But sales are expected to rebound to the highest level since the beginning of 2024, following a run of softer months. The retail print is the last the bureau will produce before it switches over to a more comprehensive measure of consumption, the monthly household spending indicator. As the government prepares for an economic roundtable aimed at fixing Australia's productivity woes, fault lines have opened up between businesses and unions on artificial intelligence. Peak union body the ACTU has called for tougher regulations to ensure AI does not lead to job losses, while business groups have warned against regulation that could stifle adoption of the technology. Independent MP Zali Steggall has called for the government to appoint a special envoy for AI and the future of work to drive adoption of the technology while addressing growing public distrust. "I am concerned it's going to be unions trying to put a lid on it," Ms Steggall told AAP. "Look, I am supportive of guardrails. It has to be done safely, but to suggest that you can put the genie back in the bottle is unrealistic." The former Winter Olympian on Thursday launched her economic plan to re-energise the economy while speeding the transition to net zero, by encouraging clean energy investment and reducing the cost of housing.
Sydney Morning Herald
an hour ago
- Sydney Morning Herald
ASX set to retreat, Wall Street drifts as Fed makes no move on interest rates; $A slumps
US stock indexes are drifting lower after the Federal Reserve decided to keep interest rates where they are, a move that could upset President Donald Trump but was one that Wall Street was widely expecting. The S&P 500 was edging down by 0.1 per cent in afternoon trading, coming off its first loss after setting all-time highs for six successive days. The Dow Jones swung to a loss of 310 points, or 0.7 per cent, in mid-afternoon trade, and the Nasdaq composite was down 0.2 per cent. The Australian sharemarket is set to slide, with futures at 4.53am AEST pointing to a loss of 30 points, or 0.3 per cent, at the open. The ASX added 0.6 per cent on Wednesday. The Australian dollar fell sharply. It was 1.2 per cent lower to 64.30 US cents at 5.07am. In the bond market, Treasury yields gave back some of their gains from the morning, when a report suggested the US economy's growth was much stronger during the spring than economists expected. It grew at a 3 per cent annual rate, according to an advance estimate, a full percentage point more than forecast. But underlying trends beneath the surface may be more discouraging. 'Cutting through the noise of the swings in imports, the economy is still chugging along, but it is showing signs of sputtering,' said Brian Jacobsen, chief economist at Annex Wealth Management. The data reinforced the dilemma facing Fed officials as they voted Wednesday on what to do with interest rates. They could have lowered rates, which would give a boost to the economy as Trump has so been angrily calling for. But lower rates could also give inflation more fuel when Trump's tariffs may be set to increase prices for US households. Loading Trump on Wednesday announced a 25 per cent tariff on imports coming from India, along with an additional tax because of India's purchases of Russian oil, beginning on Aug. 1. That's when stiff tariffs Trump has proposed for many other countries are also scheduled to kick in, unless they reach trade deals that lower the rates. Fed Chair Jerome Powell has been insisting that he wants to see more data about how tariffs are affecting inflation and the economy before the central bank makes its next move, and he will speak shortly to offer more details about the decision.
