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Market Scan – Issue 05 | October 2023

NRMA STARTS DISCOUNTING WAR ON EV CHARGING

Last month the NRMA announced it was ending the free party for EV owners by implementing a charge for users of its charging stations. As one of the first to build and operate a network of electric vehicle chargers, the NRMA led the way despite pushback from many of its myopic members.

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COX: USED-CAR DEMAND GROWING

Australia’s new-car market buoyancy continued to flow over to the used-car sector with Cox Automotive Australia data showing dealer used vehicle sales are up by 6.9 per cent month on month in August 2023 and 13.6 per cent year on year.

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Market Insight: Isuzu eyes 40,000+ sales for ‘23

Market growth continues solid performance, MU-X best-selling ute-based SUV since 2013.

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NHVR PROSECUTES OVER POOR FATIGUE MANAGEMENT

The National Heavy Vehicle Regulator (NHVR) has prosecuted a company for a breach of primary duty after a vehicle veered across a road, collided with trees, rolled back to the centre of the road and spilled its cargo of live chickens onto a road in Cardigan, Victoria.

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HELP US MAKE TOWING SAFER WITH A NATIONALLY RECOGNISED TOWING ENDORSEMENT FOR DRIVERS

Better training is at the core of creating better drivers, so let’s start with one actionable element – towing. Help us implement a nationally recognised towing endorsement for Australian drivers’ licences.

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CBA ON FRONT FOOT WITH SUSTAINABLE LOANS

Commonwealth Bank launches discounted green vehicle and equipment finance.

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‍CUSTOMERS COMPROMISE ON CAR SELECTION

The extent to which car buyers were forced to compromise on the model they wanted to buy, or even the brand they wanted to buy, due to the shortage of vehicle supply in the past couple of years, has been revealed in data presented to the customers of Angle Auto Finance in a recent in-house workshop.

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VFACTS SEPTEMBER 2023: AUSTRALIAN NEW CAR SALES RECORDS TUMBLE AGAIN

Another bumper month sees the market on record pace, but chalk much of this up to the easing of backorders thanks to better supply.

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DO I NEED ALL-TERRAIN TYRES?

They look good and sound impressive on paper, but are all-terrain tyres really necessary for your vehicle? We find out.

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AUSTRALIA’S MOST POPULAR ELECTRIC CARS IN 2023: SEPTEMBER UPDATE

Australians have purchased more electric vehicles than ever before in 2023. Here’s how every EV is tracking in Australia…

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JET CHARGE TO OFFER MANAGED EV CHARGING FOR FLEETS

A new way for businesses to access EV charging is set to roll out nationally, with support from the Australian Renewable Energy Agency (ARENA).

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IT’S OFFICIAL: AUSTRALIAN AVERAGE PETROL PRICES HIT NEW HIGH, HERE’S WHY

New data shows the average price of petrol in Australia has hit a new all-time high.

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THE KIA EV6 WILL BE THE FIRST KIA TO GET TESLA’S NACS PLUG

Charging Kia’s quickest car is about to get much easier soon.

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AUSTRALIAN EV CHARGING INFRASTRUCTURE MAKES IT EASY TO MAKE THE SWITCH

Australian electric vehicle (EV) sales are starting to take off with the latest data from the Federal Chamber of Automotive Industries (FCAI) revealing 32,060 EVs making it to our roads in 2023 so far.

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AFMA LAUNCHES PERSONAL DEVELOPMENT SERIES LIBRARY

The Australasian Fleet Management Association (AfMA), in partnership with Isuzu UTE, has launched an online Personal Development Series Library “designed to empower professionals at every level.”

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DE-RISKING EV SUPPLY CHAIN: JAPAN TALKS TO CANADA AND AUSTRALIA

Japan is turning its attention to Canada and Australia in its search of critical materials essential for electric vehicle (EV) batteries, driven by U.S. policies promoting China-free supply chains.

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A TALE OF TWO TOMORROWS IN EV SALES

Sales growth of electric vehicles (EVs) in 2022 and the first half of 2023 have held pace with 2021.

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