Summit Connect
1800 FleetLease | enquire online
Summit Fleet
News Market Scan Contact Us

Market Scan - Issue 36 | May 2026

EV SALES SPIKE TO ONE IN SIX SOLD DURING APRIL

Australians are embracing electric vehicles at record levels, with EVs accounting for 16.4 per cent of all new vehicle sales in April 2026, or around one in every six vehicles sold.

Read more

MARKET INSIGHT: TOYOTA GLOBAL SALES ON HIGH

Toyota Motor Company breaks fiscal year sales records, up 2.5pc to 11.28m globally.

Read more

PRIME MINISTER SAYS EVs COULD BE MADE IN AUSTRALIA

Anthony Albanese has said there’s no reason why electric vehicles can’t be manufactured in Australia.

Read more

FEDERAL BUDGET 2026 RESHAPES THE ROAD AHEAD FOR EV OWNERS AND MOTORISTS

Changes to electric vehicle tax breaks, new charging investment and a delayed road-user charge headline this year’s transport measures.

Read more

BEST EOFY CAR SALES IN 2026

With so much market uncertainty this year, major car brands are willing to discount tens of thousands of dollars in 2026 end-of-financial-year sales.

Read more

GOVERNMENT SCALES BACK EV TAX DISCOUNT SCHEME

The Federal Government will progressively scale back the fringe benefits tax (FBT) exemption for electric vehicles. This will shift the scheme toward lower-cost models while retaining ongoing incentives for eligible EV buyers. 

Read more

VICTORIAN GOVERNMENT ANNOUNCES $28.3 MILLION SPEND ON NEW SPEED CAMERA TECHNOLOGY

A $28.3 million dollar spend will bring a new “all-in-one” speed and distracted-driver detecting camera, and more, to Victoria.

Read more

NSW FLEET EV FUNDING DEMAND SURGES AS FUEL PRICES DRIVE INTEREST

NSW Government fleet EV funding programs are experiencing strong demand as rising fuel prices and growing operational certainty around electric vehicles push more organisations to explore electrification.

Read more

STUDY: CAR FINANCE REGRETS SOAR

New research reveals younger Aussies are most vulnerable to signing up for unsuitable car finance deals.

Read more

BYD SEAL 6 RECEIVES FIVE-STAR ANCAP SAFETY RATING

The BYD Seal 6 has received a five-star ANCAP rating under the same protocol as the Toyota Camry, strengthening its fleet and rideshare appeal.

Read more

CONNECTED TECHNOLOGY AND DATA PRIVACY ARE BECOMING FLEET GOVERNANCE ISSUES

The introduction of advanced connected technology in the sixth-generation Toyota RAV4 is shifting the conversation about vehicle management beyond maintenance schedules and fuel consumption.

Read more

TELEMATICS MOVES FROM OPTIONAL TO ESSENTIAL IN 2026

For many fleets, telematics was once viewed as a useful add-on — helpful for tracking vehicles or reviewing fuel reports, but not critical to operations. That view is changing rapidly.

Read more

LONG-TIME BJR PARTNER TAKES TASMANIAN NAMING RIGHTS

Macauley Jones’ latest Toyota livery has been unveiled in Devonport today, with a long-time backer claiming naming rights for this weekend’s Tyrepower Tasmania Super 440.

Read more

THE OBSCURE ROAD RULES DRAINING AUSSIE DRIVERS’ WALLETS

This National Road Safety Week we look at the road rules taking motorists by surprise – and resulting in expensive fines and road accidents.

Read more

SUMMIT FLEET PUTS AI FLEET INSIGHTS AT CUSTOMERS’ FINGERTIPS

Summit Fleet Leasing and Management has launched the next evolution of AI Fleet Insights™, introducing a conversational AI capability designed to make fleet data easier to access, understand and act on.

Read more