This Week In The News

NEWS IN SHORT

1. Ferrari’s first electric car takes to the test track, it debuts in late 2025.
2. A replacement for the Nissan NP200 had been expected, but ultimately withdrawn following Russia's invasion of Ukraine.
3. Hydrogen-powered Toyota Mirai breaks new ground in SA: Instead of it running from a battery that is recharged with electricity the Miria uses compressed hydrogen from a tank and oxygen from the air to create the electricity required to run the motor. It only takes 6.8kg of hydrogen to refuel the Toyota Mirai, which gives it a range of over 500km
4. A recent survey done by Auto Trader showed the following: 48.5% of users said they were willing to choose a used EV model, with a reduced price being the main reason. Just like with traditional motors, the survey showed that most people want to pick up a pre-owned electric with less than 60,000km, though ideally it should be between 20,000-40,000km
5. According to the 2023 South African Electric Vehicle Buyers Survey, it is the youth (24-35 year-olds) rather than the oldies (over 65) who are most likely to be future EV buyers.
6. The Goodyear tyre and rubber company exec promises to introduce a maintenance-free tyre comprised of 100% sustainable material by 2030.

Toyota Land Hopper will Receive ICE and Hybrid Power, No EV

Toyota’s Land Hopper has generated a fair bit of attention as a compact, and presumably, more affordable, compact Cruiser and more rumors suggest that the model will only be offered in ICE and hybrid powertrains.
Further speculation suggests that the model might offer a 1,8-litre petrol and hybrid from the Corolla Cross, of which it is similarly sized, or even potentially the 2,0-litre petrol or 2,5-litre hybrid from the RAV4. Either way, its diminutive stature and modest motors, potentially paired with electrification should put it in good stead to offer some impressive fuel economy.

During the Japan Mobility Show between the 25th of October and the 5th of November, the automaker may take the opportunity to officially unveil their more compact off-roader to the world for the first time.

September 2023 SALES DATA: USED CARS

THE 5 BEST USED CAR SELLERS

TOYOTA
FORD
VOLKSWAGEN
BMW
MERCEDES-BENZ

TOP 10 DERIVATIVES USED CAR SALES

VOLKSWAGEN - POLO VIVO 1.4 TRENDLINE (5DR)
FORD RANGER - 2.2TDCI XL P/U D/C
BAIC - X55 1.5T PREMIUM A/T
CHERY - 7 PRO 1.5T EXECUTIVE CVT
CHERY - TIGGO 4 PRO 1.5 COMFORT CVT
VOLKSWAGEN - POLO 1.0 TSI COMFORTLINE DSG
VOLKSWAGEN - POLO VIVO 1.4 COMFORTLINE (5DR)
SUZUKI - ERTIGA 1.5 GA
FORD RANGER - 2.2TDCI XL A/T P/U D/C
NISSAN - NP200 1.6 P/U S/C

TOP 3 USED COMMERCIAL / BAKKIE SALES

FORD RANGER - 2.2TDCI XL P/U D/C
FORD RANGER - 2.2TDCI XL A/T P/U D/C
NISSAN - NP200 1.6 P/U S/C

Average age of used vehicles sold: 5 Years

Fingers crossed: November could bring lower fuel prices despite Israeli conflict.
The latest daily snapshot from the Central Energy Fund shows an over-recovery pointing to potential price cuts of over R1.60 for both grades of petrol, and up to 30 cents for diesel, and the latter could creep closer to R1 if the current daily price trends persist throughout the month.

But how did those calculations turn positive in spite of the Israeli war?
As a result of the conflict, Brent Crude Oil prices rose by around 4.6% between Saturday and Tuesday, from $84.4 per barrel to $88.3. However, the previous week saw the commodity fall by about 11%, marking its biggest weekly decline since March this year, on recession fears and another partial lifting of Russia’s fuel export ban, Reuters reported.