Hyundai's dropping $7K off the Inster in Australia, but the gap to BYD's equivalent remains a canyon—$10K separates them at retail. Sales are sluggish for both the Inster and Kona Electric down under, which tells you everything about margin compression in the EV market right now.

American pickup trucks flooded Australian markets after years of import enthusiasm, but the novelty's wearing off fast. F-150s and Rams are piling up on lots as buyers realize the novelty of a crew cab with a 5.0L V8 doesn't justify the logistics nightmare of keeping one alive 12,000 miles from Detroit. Market's correcting itself.

Kia's dropping the petrol V6 from the Sorento lineup in Australia, another casualty of tightening fuel efficiency regulations. The move mirrors what we're seeing across the market: if it doesn't meet the numbers on paper, it doesn't matter if it's the thing people actually want to drive. Turbocharged fours and hybrids fill the gap.