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Market Scan – Issue 03 | August 2023

MARKET INSIGHT: JULY SUPPLY AND DEMAND

The car market records the best first half of a calendar year since 2018, including record EV share and some new names atop the sales charts.

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FINALLY! A NEW LANDCRUISER PRADO

The all-new Toyota Land Cruiser Prado family SUV has made its world premiere, bringing with it significant mechanical upgrades, enhanced performance, and rugged styling changes ahead of its arrival in Australian showrooms mid next year.

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SIXT BOOSTS AUSTRALIAN EV FLEET AS DRIVERS RESPOND TO LOW RATES AND FREE CHARGING

One of the largest rental companies in Australia has revealed significant year-on-year growth in the EV fleet, and it is proving popular with drivers because of free charging and daily rental rates that are cheaper than ICE cars.

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‘TECHNICAL ISSUES’ IN OVERSEAS REFINERIES BLAMED FOR SKYROCKETING FUEL PRICES

NRMA Spokesperson Peter Khoury says one of the contributing factors to Australia’s skyrocketing fuel prices are unforeseen “technical issues” in some major oil refineries overseas.

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CHIP SHORTAGES TO TAKE ‘YEARS’ TO RESOLVE

Audi procurement chief warns semiconductor issues are far
from over as demand rises

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FORTESCUE BUYS NIKOLA HYDROGEN PROJECT

Iveco-owned fuel-cell truck maker Nikola sells hydrogen plant to WA resources company

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ADVANCING THE ADOPTION OF ELECTRIC VEHICLES

What 15 Million Car Trips Reveal About EV Adoption

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COX REPORT: UTE VALUES SLIP

Values of Australia’s most popular new-vehicles disproportionately
lower as used cars

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THINGS TO CONSIDER WITH A GREY FLEET POLICY

When your team is working from home, do they use their personal cars for work tasks? If you don’t know the answer then you probably have a grey fleet. And even though employees are using their personal car, the organisation has the same liability as a fleet vehicle with the potential for greater risk.

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Sixth generation Mitsubishi Triton is a beast

The six generation Mitsubishi Triton was launched in July and will be available in Australia in 2024. The previous model was released in 2015 so this all-new version has been a long time coming. And maybe it’s been worth the wait with rumours of a hybrid version being planned.

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NSW to Wipe Demerit Points for Good Driver Behaviour

The New South Wales government is initiating a trial that will remove one demerit point for displaying spotless driving behaviour.

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2025 Kia Tasman Ute inches closer, here’s what we know so far

Development of the Kia Tasman Ute is in full swing. Here are the latest timing estimates of when it will be unveiled and when it will be on sale.

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Can I claim my car insurance and car registration on tax?

At tax time, it can be hard to know what you can and can’t claim when it comes to your car. We asked the experts for the answers.

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Chery re-enters the Australian market with improved safety

ANCAP SAFETY, Australia and New Zealand’s independent voice on vehicle safety, has today released a five star safety rating for the Chery Omoda 5 – some 12 years after the last ANCAP safety rating for a Chery model was released.

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Safe and entertaining? How has Google’s infotainment technology evolved in three stages?

As the tech revolution in the auto sector, spearheaded by electric vehicles (EVs), go on at full speed, one of the critical components of modern cars is the infotainment system.

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BHP partners with Toyota Australia to electrify its fleet

BHP has signed a memorandum of understanding (MOU) with Toyota Australia to electrify the mining giant’s fleet of 5000 vehicles.

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Preparing Staff for Fleet Electric Vehicles

You’re a fleet or business manager who sees the need to electrify your business fleet, and you’re working through steps to prepare before hitting the order button on a series of exciting new cars. Wonderful.

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