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Market Scan – Issue 10 | March 2024

VFACTS FEBRUARY 2024: ANOTHER RECORD MONTH FOR AUSTRALIAN NEW CAR SALES

New car sales were up again in February, with Nissan storming up the sales charts and Ford, Toyota and Mitsubishi up by double digits.

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FIRST TIME FOR HYUNDAI AT IPWEA FLEET CONFERENCE

Delegates attending the IPWEA Fleet Conference, being held in Brisbane from 25th to 27th March, will get to see Hyundai as an exhibitor for the first time. On display will the a range of electric vehicles including the Mighty electric truck.

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VEHICLE EMISSIONS STAR RATING PLATFORM LAUNCHED

A new Vehicle Emissions Star Ratings (VESR) website has recently been launched to provide information on the running costs and the environmental impact of vehicles.

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AN EV FUTURE IS “INEVITABLE” FOR AUSTRALIA BUT THAT WON’T STOP LOCAL CAR INDUSTRY FIGHTING AGAINST THE GOVERNMENT’S NEW NVES EMISSIONS STANDARD: FCAI

The head of the Federal Chamber of Automotive Industries (FCAI) has admitted a local market dominated by electric vehicles is “inevitable” despite strong opposition to the government’s proposal to promote EVs and cut emissions.

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ELECTRIC ISUZU D-MAX UTE CONFIRMED FOR AUSTRALIA

One of Australia’s most popular utes will soon be offered as an electric model, but a local launch date remains unknown.

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USED CAR SALES DROP AMID INCREASED LISTINGS

The number of vehicles listed for sale in Australia has increased despite a slight decrease in the number of used cars sold in February according to the latest figures from the Australian Automotive Dealer Association (AADA).

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TOP 10 NOVATED LEASE CARS IN 2023

The preferences of new car buyers have changed in 2023 which has made the list of the most popular novated lease vehicles look dramatically different to previous years.

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2024 TOYOTA HILUX PRICING AND FEATURES CONFIRMED: MILD-HYBRID-STYLE ‘V-ACTIVE’ TECH LANDS ALONG WITH OTHER SPEC CHANGES FOR ISUZU D-MAX, FORD RANGER RIVAL

Toyota Australia has confirmed pricing and a new name for its 48-volt-equipped variants of the HiLux ute set to go on sale in March.

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HYDROGEN FUEL CELL

Things have really changed over the the last five to 10 years: “It’s like you’ve got this pie where hydrogen made sense and you can see it shrinking.”

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PLUG-IN HYBRIDS NEED 200KM BATTERY: TOYOTA

Toyota senior exec says PHEVs must have usable electric range and be affordable

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NHVR SEEKS FEEDBACK ON DRAFT INDUSTRY CODE OF PRACTICE FOR WASTE AND RECYCLING

The National Heavy Vehicle Regulator (NHVR) has released the draft Waste and Recycling Industry Code of Practice for Load Management, to allow industry participants and members of the public to review and comment on the Code before it is assessed for registration.

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MAZDA’S TESLA MODEL 3 RIVAL? NEXT MAZDA 6 TO GO ELECTRIC BUT BE BUILT ON CHINESE EV PLATFORM: REPORTS

Mazda could be about to shift from being seen as an electric car laggard to taking on one of the world’s most popular EV models.

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TRADITIONAL BUTTONS AND SWITCHES TO BE ENCOURAGED FOR TOP SAFETY RATING – REPORT

Car manufacturers will soon be encouraged to use physical knobs, buttons, and switches for a new model to obtain a five-star safety rating.

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OUT NOW! 2024 CAR LEASING GUIDE

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CAR NEWS TODAY: MG4 AND MG ZS EV BECOME CHEAPEST DRIVEAWAY ELECTRIC CARS IN AUSTRALIA, JAC MOTORS LAUNCHES NEW T9 UTE, AND MORE – 21 MARCH 2024

Every important car news story breaking today, one convenient read.

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NEW VOLVO TECH TELLS YOU THERE’S BEEN A CRASH AHEAD

The Swedish brand has introduced a safety feature which warns select drivers in Europe of an incident further down the road.

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