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Market Scan – Issue 06 | November 2023

VFACTS OCTOBER 2023: ANOTHER MONTH, ANOTHER AUSTRALIAN NEW CAR SALES RECORD

The market’s momentum continues, with five of the past six months setting records as supply pipelines normalise. But what comes for 2024?

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TESLA CYBERTRUCK LEAKS ONLINE A WEEK AHEAD OF OFFICIAL REVEAL

Less than a week before Tesla Cybertruck deliveries begin in the US, the highly-anticipated electric pick-up has been leaked online.

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2023 JAPAN MOBILITY SHOW HIGHLIGHTS

Honda Prelude, Toyota’s Electric Pick-Up, Mazda Iconic SP rotary – the 2023 Japan Mobility Show highlights: our top 5.

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ELECTRIC VEHICLE CHARGING PLUGS EXPLAINED

As fleets move towards adoption of Battery Electric Vehicles (BEVs), it’s important for fleet managers to have an understanding of the various plugs they will encounter on vehicles and on available charging hardware.

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WHY SOME COMPANIES ARE AHEAD IN THE RACE TO NET ZERO

The climate crisis presents an urgent call to action. As climate-related disasters intensify in frequency and severity, so does the economic impact on communities and businesses. Reported economic losses per climate event in the decade from 2013 through 2022 were 33% higher than in the prior ten years.

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AUSTRALIAN EV PIONEER TRITIUM MOVES PRODUCTION OVERSEAS

Around 200 jobs are set to be cut as Tritium ceases production in Brisbane as it pivots its operations to the United States.

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EURO NCAP AND AUSTRALIA’S ANCAP JOIN FORCES FOR VEHICLE SAFETY

Euro NCAP and ANCAP signed a Memorandum of Understanding (MOU), cementing the strong ties between the two regional safety organisations and paving the way for closer collaboration in the future.

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2024 MITSUBISHI TRITON PRICE AND SPECS: UP TO $7600 MORE EXPENSIVE

Price rises of $3250 to $7600 will be applied to the new Mitsubishi Triton – to coincide with a larger, stronger body and longer list of technology – when it arrives next year.

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IONIQ 5 PLANT OPENS IN SINGAPORE

Hyundai opens ‘human-centric’ production and customer delivery facility in Singapore

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ANCAP SAFETY: 30 YEARS OF SAFETY LEADERSHIP

The Australasian New Car Assessment Program (ANCAP) is celebrating its 30th anniversary this year. Established in the early 1990s as the second NCAP globally, after the United States, ANCAP’s star ratings have become synonymous with safety for new car buyers, manufacturers, and fleet operators.

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TESLA LAUNCHES 2024 MODEL 3 ELECTRIC SEDAN IN AUSTRALIA

Tesla Australia launched the 2024 Tesla Model 3 electric sedan in Sydney on Wednesday with a slew of new features and more aerodynamic styling.

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2024 GWM TANK 500 APPROVED FOR AUSTRALIA WITH HYBRID POWER

China’s rival for the Toyota Prado has received the green light for sale in Australia with petrol-electric hybrid power.

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THE DEATH LIST: THESE CARS WERE DISCONTINUED FOR 2024

Budget cars and V-8-powered cars top this year’s discontinued cars list due to the continued trajectory toward crossovers and electrification, but the reasoning for killing other models in 2024 ranges from the sound to the strange. 

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MARKET INSIGHT: BEV GROWTH SLOWS

Sales of BEVs in major markets are still growing, just not as fast as they once were

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WOULD YOU BUY A CAR ON AMAZON? HYUNDAI IS BETTING ON

In just a few easy clicks, some shoppers could buy a car and have it home delivered in the near future.

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DO NOVATED LEASES SAVE YOU MONEY?

If you’re looking to buy a car, a novated lease arrangement could be a more budget-friendly alternative to a traditional car loan.

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TOYOTA RAV4 HYBRID WAIT TIMES TOO LONG? CHECK OUT THESE MEDIUM-SUV ALTERNATIVES

If still-lengthy waiting times for a new Toyota RAV4 hybrid are making you impatient, WhichCar guides you through a range of alternatives.

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CAN POLICE AND AMBULANCES BREAK THE SPEED LIMIT?

Can ambulances and emergency services exceed the speed limit, drive on the wrong side of the road or drive through a red traffic light? We find out.

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ISUZU TO LAUNCH NEXT GENERATION OF TRUCKS

Following the announcement that four-cylinder F Series Isuzu truck models will be launched locally in the second-half of 2024, Isuzu Australia Limited (IAL) has laid out the product pathway for the release of its all-new truck range.

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