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Speaker 1: So the clean car importer standard is going to be lowered.

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Speaker 1: It's going to come into line with Australia's a Mission

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Speaker 1: Standards plan, effectively creating one large car market. I guess

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Speaker 1: that gives you sort of an advantage. DC two targets

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Speaker 1: will be softened, meaning we can then bring in slightly

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Speaker 1: dirty cars. Then before clean car advocates worried that New

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Speaker 1: Zealand will become a dumping ground for less efficient vehicles

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Speaker 1: that can't go elsewhere, I've got the chief executive of

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Speaker 1: the Vehicle Import Association with me, Greg Ebbs.

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Speaker 2: Hello, Greg Morney, Andrew, how's it going good?

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Speaker 1: Will this make cars cheaper?

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Speaker 2: It will slow them down from getting more expensive. They're

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Speaker 2: not really going to get cheaper. And to your point

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Speaker 2: of bringing in dirtier cars, we're still advancing the carbon

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Speaker 2: targets down, so we will still be bringing in cleaner cars.

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Speaker 2: We're just bringing them in a little bit slower than

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Speaker 2: we were going to.

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Speaker 1: Okay, well that was my next question. Will it make

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Speaker 1: it dirty? But you don't believe so.

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Speaker 2: No, I mean we have been progressing both ourselves. So

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Speaker 2: I represent the used vehicle import side of things, and

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Speaker 2: then there's also the new car side, and we've both

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Speaker 2: been working towards these lower targets and trying to achieve

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Speaker 2: bring in cleaner cars. So this has been happening. It's

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Speaker 2: just that as you make these targets harder and harder,

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Speaker 2: the scope of the types of vehicles that we can

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Speaker 2: bring in, the range, the quality in terms of condition,

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Speaker 2: that starts to get a bit harder if we're going

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Speaker 2: to keep them affordable. And so what this has done

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Speaker 2: is it's meant that we will be able to still

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Speaker 2: keep bringing in a good range of vehicles at a

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Speaker 2: good quality at a price that's affordable for Kiwis.

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Speaker 1: Does it mean we will end out importing more ice vehicles,

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Speaker 1: more gas vehicles for longer rather than making some switch

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Speaker 1: to hybrids or electric Well, I think in.

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Speaker 2: The used car space, used import space, we're going to

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Speaker 2: see more hybrids coming through because hybrids are the vehicles

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Speaker 2: that are dominant in Japan. At the moment. We get

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Speaker 2: ninety five percent of our used vehicle imports coming from Japan.

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Speaker 2: So as Japan goes, so do we in the used sector.

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Speaker 2: The new car guys, they're all working on their product lines.

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Speaker 2: They're bringing out evs and hybrids over the next five

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Speaker 2: years or so. I don't think there's anything that New

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Speaker 2: Zealand could be doing that will speed up the manufacturer

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Speaker 2: of evs anywhere else in the world. We take what

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Speaker 2: is available and these settings are just helping us make

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Speaker 2: sure that we can make a sustainable transition through to

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Speaker 2: those evs.

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Speaker 1: And how we seeing demands for used cars really at

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Speaker 1: the moment? And I say this as a man who

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Speaker 1: owns a twenty nineteen Many that I'm trying to sell

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Speaker 1: that nobody wants to buy this thing. If you want

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Speaker 1: to buy my twenty nineteen Many, feel free to contact

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Speaker 1: me here at news Storks. But is there a demand

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Speaker 1: for these used cars at the moment or are we

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Speaker 1: in a hole? Like a lot of the rest of

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Speaker 1: the economy.

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Speaker 2: Things have slowed down. Things have certainly slowed down. You know,

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Speaker 2: the new car sector has been seeing numbers drop our

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Speaker 2: used vehicles, the numbers have dropped from last year. I

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Speaker 2: think that's a product of just the very tight economy

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Speaker 2: at the moment. Your previous guests talking about the monetary

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Speaker 2: policy statements and the interest rates. Look, we're just all

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Speaker 2: trying to survive through until the end of this year.

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Speaker 2: I think when we're expecting interest rates to loosen up

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Speaker 2: a bit. And as they loosen up, it means that

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Speaker 2: people may feel a little bit more comfortable with going

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Speaker 2: out and getting that replacement vehicle rather than holding on

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Speaker 2: to the one they've got at the moment.

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Speaker 1: And you'll have more for them because of these rules.

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Speaker 1: And I thank you so much for your time and

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Speaker 1: your expertise, Greg Epps, who is the chief executive of

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Speaker 1: the Important Motive Vehicle Industry Association. For more from The

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Speaker 1: Mic Asking Breakfast, listen live to news to Books at

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Speaker 1: b from six am weekdays, or follow the podcast on iHeartRadio.