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Market Scan – Issue 20 | January 2025

NEW RECORD BUT OUTLOOK REMAINS TOUGH

A new record for vehicle sales in 2024 is receiving a subdued reaction from the industry as consumers face a tough start to 2025 caused by economic and political challenges.

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NEW CARS OF 2024: A LANDMARK YEAR FOR FLEET BUYERS

The automotive landscape in 2024 has been a pivotal year for fleet buyers, marked by significant move towards hybrid powertrains, an influx new ute options, and the planning for the New Vehicle Efficiency Standards (NVES) which came into effect on 1st January 2025.

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$50 MILLION FEDERAL FUNDING TO BOOST EV UPTAKE IN 2025

Australia has announced an additional $50 million initiative to encourage businesses to transition to electric vehicles (EVs) and adopt energy-efficient equipment including solar batteries.

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WHICH NEW CAR BRANDS COMING TO AUSTRALIA ARE THE CAREXPERT TEAM EXCITED ABOUT?

At least 10 new brands are entering the Australian new-car market in 2025, or arrived in the dying days of 2024. Here are the ones we’re most excited for.

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ANCAP REVEALS SAFEST CARS IT TESTED IN 2024

Australian safety organisation ANCAP has announced the highest safety scores of cars it tested in 2024, with a family favourite at the top of the list.

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FORGET V8s, CADILLAC’S QUICKEST CAR YET IS AN ELECTRIC SUV

Due here in 2026, the Cadillac Lyriq-V is the brand’s first electric performance SUV and its stats put it in good company with the BMW iX M60.

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MITSUBISHI AXES HALF OF ITS EXISTING LOCAL RANGE, NEW MODELS INCOMING

Mitsubishi Motors Australia (MMAL) has confirmed that it has ceased production of current-generation ASX, Eclipse Cross, Eclipse Cross PHEV and Pajero Sport models due to new Australian Design Rules (ADR) that will take effect on March 1 this year.

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ELECTRIC CAR TRAINING CENTRE OPENS IN SYDNEY TO MEETING RISING EV DEMAND

A $2.5 million refurbished TAFE college in Sydney’s west has re-opened to cater for electric vehicle training as sales for emissions-free models soar.

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TRUMP REVOKES ORDER FOR 50% ELECTRIC VEHICLES TARGET IN 2030

The recently inaugurated American President, Donald Trump, has revoked former President Biden’s order of making half of all new vehicles sold in 2030, electric. 

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TESLA’S NEW 2025 MODEL Y NOW AVAILABLE TO ORDER IN AUSTRALIA, WITH A STALK

Tesla’s highly anticipated Model Y is now available to order in Australia, with two variants of the refreshed SUV on offer as part of a special Launch series vehicle.

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ELECTRIC UTES: WHAT’S AVAILABLE, AND THOSE COMING SOON

What’s out, what’s coming and what’s likely, in what is currently a very shallow segment

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AUSTRALIA’S TOP 20 BEST-SELLING CARS IN 2024

The Ford Ranger and Toyota HiLux continue to dominate the Aussie car market, but what else is going on? Here are the top sellers.

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AUSTRALIAN STATE MOVES TO CAP FUEL PRICE RISES

Fuel stations will be required to report upcoming price changes a day in advance under a new scheme from the Victorian Government

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TOLL TRANSPORT ORDERS HYDROGEN PRIME MOVERS AS PART OF $2 MILLION DEAL

Toll Transport has ordered two Taurus 70ft Hydrogen Fuel Cell (HFC) prime movers, as part of a broader package agreement worth more than $2 million.

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AMERICAN EV STARTUP CANOO SINKS

Electric commercial vehicle startup Canoo files for Chapter 7 bankruptcy in the US

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NEW 2026 MAZDA CX-5 HYBRID SYSTEM REVEALED!

We now have a better idea than ever what the new Mazda CX-5’s hybrid engine will look like thanks to new patent filings. 

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VEHICLE SAFETY STANDARD CHANGES TO AFFECT POPULAR MODELS BY MARCH 2025

Starting 1 March 2025, new vehicle safety regulations will come into effect in Australia under the Australian Design Rule (ADR) 98/00. 

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HONDA-NISSAN MERGER: COLLABORATION OR COLLISION?

The merger talks between Honda Motor and Nissan Motor, announced in December 2024, signify yet another milestone in the Japanese automotive industry. 

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WHY 2025 IS THE YEAR OF THE CHINESE CAR IN AUSTRALIA

Chinese brands have been standing in the door of Australia’s new-car market since the COVID-19 pandemic, but in 2025 they’re set to kick it wide open as they push harder for customers.

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ARE YOU READY FOR AN EV TRANSITION? HERE’S THE KEY QUESTION TO START WITH

Transitioning to electric vehicles (EVs) offers significant environmental and operational benefits for fleet managers. However, making the shift requires careful planning. The most critical question to answer before starting the journey is: Where does your fleet park at night?

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