Market Scan - Issue 22 | March 2025

LOW CONSUMER DEMAND PLACING PRESSURE ON NVES

Australia recorded 94,993 new vehicle sales during February, a drop of 9.6 per cent on the same month last year, as consumer demand remains subdued amid cost-of-living pressures.

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UNLOCKING THE FULL POTENTIAL OF TELEMATICS: MOVING BEYOND DOTS ON A MAP

Telematics has revolutionised fleet management, offering unprecedented insights into vehicle performance, driver behaviour, and operational efficiency.

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NOVATED LEASING: A SMARTER WAY TO DRIVE, ESPECIALLY WITH EVS

Novated leasing has long been a popular and tax-effective way for Australians to finance a new car.

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EV PRICES IN AUSTRALIA NOW RIVAL ICE MODELS

Electric vehicle prices in Australia are now catching up with their petrol counterparts.

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BYD LEADS UNSTOPPABLE CHARGE TO ELECTRIC VEHICLES, AS TESLA LEAVES THE RACE

In 2024, China registered 31.436 million new automobiles, a rise of 4.5 per cent over the previous year, with the growth of NEVs (new energy vehicles) jumping an astonishing 35.5 per cent.

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TRUMP TARIFF RAMPAGE TANKS CAR GIANTS

Tesla is a big winner, while traditional rivals have been torched by President Trump’s new car tax.

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MARKET INSIGHT: FOUR-WHEEL DRIVES IN FAVOUR

Australian buyers continue to shop 4×4 utes and SUVs, with YTD market share at 27pc

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WHAT CHINA’S EV MARKET CAN TEACH US AND EU AUTOMAKERS

As options for electric vehicles expand, similarities and differences are arising between the China, US, and EU markets.

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NISSAN READYING FOUR MID-SIZE, HILUX-BEATING UTES

Each pick-up to be tailored to its particular market and includes an all-new one-tonne ute based on the Triton

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FUNDING BOOST TO DRIVE TRUCK SAFETY

Workplace health and safety body, the Australian Institute of Health and Safety (AIHS), has received funding to create training modules and updated health and safety guidelines to improve road safety for transport workers.

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APPLE IPHONE MAKER TO BUILD EVS FOR MITSUBISHI AUSTRALIA

Mitsubishi’s forthcoming generation of electric cars appears as if they will be manufactured for Australia by the same company that makes the Apple iPhone.

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RAV4-RIVALLING HAVAL H6 HYBRID LAUNCH APPROACHES

Every important car news story breaking today, one convenient read

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ELECTION PROMISE COULD SEE BIG SAVINGS FOR AUSTRALIAN MOTORISTS

If the Opposition wins the federal election, it’s promised to halve the fuel excise tax for 12 months – claiming savings of $700 per year for motorists.

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VOLVO ES90 REVEALED: A FAST, LONG-RANGE EV— IS THIS WHAT VOLVO NEEDED ALL ALONG?

Last month, Volvo teased the tech-forward ES90 electric sedan. Details were scarce as to what the car even looked like, much less how much range it will be able to accomplish.

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AUSSIE STATES DIFFER ON CAR-BUYING PRIORITIES – WITH ONE SURPRISING STAT

A new survey from insurance experts uncovered fascinating insights into the different factors that influence car buyers – and how they vary between Australian states.

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