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Market Scan – Issue 11 | April 2024

AUSTRALIAN NEW-CAR SALES IN MARCH 2024: VFACTS RECORD STREAK CONTINUES, TOYOTA RAV4 SECOND

New-car sales are on their longest streak of year-on-year growth since 2021, and set a new March record – despite fears of an imminent slowdown – after Toyota posted a 43 per cent increase in deliveries.

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MARKET INSIGHT: ZOOMING IN ON PRICING PICTURE

Shifting model, variant mix has large impact on average car prices – but trend is up

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WHICH EV SHOULD BE IN YOUR POOL CAR FLEET?

Pool cars have been the best testing ground for electric cars in fleets with the previous Hyundai Kona EV being the preferred option because of supply, and the similarity to the petrol model.

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NEW ADR MANDATES LOUDER EV SOUNDS FOR SAFETY

The Federal Government has announced a new design rule requiring electric vehicles (EVs) to emit sound while traveling at low speeds beginning November 2025.

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CLOSING THE LOOP: KOJONUP BECOMES 31ST LOCATION ALONG WA EV CHARGING NETWORK

Australia’s longest EV charging network continues to reach into more Western Australian communities, with the small town of Kojonup 256 kilometres south-east of Perth the latest to join the network.

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2024 ISUZU D-MAX PRICE AND SPECS

The 2024 Isuzu D-Max receives tweaked exterior and interior styling, among other minor changes. Prices have been increased by up to $3000

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TESLA IN TALKS WITH ANOTHER CAR MAKER TO LICENSE ‘FULL SELF-DRIVING’ TECH

A rival car maker is looking to licence Tesla’s so-called ‘Full Self-Driving’ software for its vehicles, according to the US car giant – which has made bold claims about brands who ignore the capabilities of its technology.

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EVS BECOME DEFAULT CHOICE IN CHINA, ACHIEVING 50% OF CAR SALES

The latest sales report from China’s Passenger Car Association shows that for the first half of April, 260,000 of the 516,000 passenger cars sold were “New Energy Vehicles”, or EVs – approximately 50.39%.

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WHICH CARS ARE EXEMPT FROM THE FRINGE BENEFITS TAX?

As tax time approaches, brush up on your fringe benefits tax knowledge and find out which cars are FBT-exempt in 2024.

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MITSUBISHI TRITON SECURES FIVE-STAR ANCAP SAFETY RATING

The Mitsubishi Triton has been awarded a five-star safety rating by ANCAP, following comprehensive testing.

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MG4 REVIEW: A DEEP DIVE INTO ONE OF AUSTRALIA’S LOWEST COST ELECTRIC CARS

The MG4 hatchback first launched here in August last year and immediately became one of Australia’s best selling electric vehicles.

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NHVR AND CICA SEEK FEEDBACK ON DRAFT CRANE INDUSTRY CODE OF PRACTICE

The National Heavy Vehicle Regulator (NHVR) and the Crane Industry Council of Australia (CICA) has released the draft Crane Industry Code of Practice, 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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BEIJING MOTOR SHOW 2024: NEW TOYOTA BZ3X AND BZ3C ELECTRIC CARS UNVEILED

Toyota’s next two electric cars are SUVs for China, based on concepts shown 12 months ago. They are no certainty for Australian showrooms.

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2024 TESLA MODEL Y AND MODEL 3 PRICES SLASHED: ELECTRIC CAR WAR HEATS UP IN AUSTRALIA AS HYUNDAI IONIQ 5, TOYOTA BZ4X AND BYD SEAL RIVALS GET CHEAPER

Tesla has slashed the price of its popular Model 3 sedan and Model Y SUV ranges in Australia.

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NISSAN UNVEILS SOLID-STATE BATTERY PILOT LINE IN JAPAN

Nissan is gearing up to produce solid-state batteries as it aims to launch EVs with the new technology by 2028

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HYDROGEN PIE SHRINKS AS ELECTRIC CARS AND TRUCKS CHARGE INTO THE FAST LANE

The popularity of hydrogen cars halved in Australia last year but their fall was far from dramatic. Just six hydrogen-powered vehicles were snapped up in 2023, compared to 15 the year before.

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NVES CHANGES MAY SEE KIA FAST TRACK EV UTE

Electric ute plans may change as NVES details firm, but Kia says more homework is needed

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INTEGRATING AN ELECTRONIC WORK DIARY (EWD) INTO A FLEET

Since the concept came out a few years ago, and after initial resistance from drivers, the job of integrating an EWD into a fleet gets easier and more effective.

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