Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Holden To Subsidise Fuel Costs

Holden To Subsidise Fuel Costs

Holden New Zealand is offering relief at the fuel pumps with an initiative that will provide a one dollar per litre fuel subsidy for new Holden customers.

Private customers who purchase any new Holden before 31 December 2008 will enjoy a one dollar per litre fuel subsidy on petrol or diesel for up to 28,000 kilometres, or two years whichever comes first.

Holden New Zealand Managing Director, Simon Carr, said the one dollar subsidy will ease the pain of high petrol and diesel prices for Holden customers.

“Fuel prices impact everyone regardless of the size of the car so we have ensured that the one dollar fuel subsidy is available across Holden’s entire range, so that the benefits are as widely available as possible,” Mr Carr said.

“Holden New Zealand is committed to providing an affordable and economical range of cars and this is another initiative to reduce the impact of rising fuel costs on our customers.”

Savings will vary depending on the vehicle’s fuel consumption (ADR 81/01) and is calculated over 28,000 kilometres, which is the distance travelled by the typical New Zealander in a two year period.

New Holden customers will access their subsidy through a Caltex StarCash Card that will be loaded with the total subsidy amount.

More information about the one dollar fuel subsidy including terms and conditions can be found at


© Scoop Media

Business Headlines | Sci-Tech Headlines


Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>