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Motoring News - January 2023

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Petrol and Diesel Price Drop

Good news for motorists for the new year. Petrol and diesel prices dropped substantially on Wednesday 3rd January as a result of a stronger rand and a decrease in the Brent oil price.

A litre of 93 and 95 petrol fell by R2.06/l.

The wholesale price of 500 ppm and 50 ppm diesel dropped by R2.68/l and R2.08/l, respectively.

High-end and Luxury Vehicles are Targets for Cyber-criminals

Toyota's local research and development team has found that highly sophisticated cyber-attacks are being used by thieves to exploit the vehicle’s computer-controlled systems.

Criminals target high-end and luxury vehicles with features such as keyless or smart entry systems and emergency start capabilities.

The group identified three main methods:

  1. A vehicle’s Control Area Network is infiltrated using highly sophisticated electronic equipment to gain entry and then access the computer system to start the engine.
  2. Fob Relaying uses high-tech receivers and transmitters to remotely read the vehicle’s security key allowing the attacker to unlock and start the vehicle.
  3. Forced entry combined with key cloning uses advanced techniques and equipment to disable the vehicle’s alarm system and then cloning its security key.

Proof that Mzansi is Bakkie Country!

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As if we didn't know it. At the end of 2022,The Citizen's head of motoring, Jaco Van Der Merwe reported that while there was lots of activity in the SUV, hatchback and sedan segments, it was the bakkies that got the most attention.

Read more about the top 10 hottest motoring newsmakers of 2022, with the Toyota Hilux GR-Sport (GR-S) topping the leaderboard: 

New Electric Car from Volvo Set to Hit South African Showrooms Soon

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Volvo’s current crop of electric vehicles includes the XC40 Recharge and XC60 Recharge and the firm recently revealed its new EX90 flagship SUV which is expected to reach South Africa at some point in the future.

Volvo’s EV footprint is growing in South Africa and for local buyers who are looking to make the switch to fully electric vehicles, the Volvo C40 Recharge electric crossover will be available in the first half of 2023.

South Africa is ranked 7th in Global Car Production Post-Covid-19

In 2019, global automotive production declined significantly, decreasing by over 5% that year and continued to decline further in 2020.

With the pandemic somewhat behind us and the world has had a chance to recover a little, GoShorty, a UK short-term vehicle insurer took a closer look at the top car-producing countries of the world. It showed that South Africa ranks 7th, producing 239,267 cars and 259,820 commercial vehicles, totalling 499,087 – an increase of 12% in 2021 compared to 2020.

South Africa, being the only African country on the list can celebrate the milestones and its promises for further economic growth, job opportunities and infrastructure development.

The country with the highest percentage increase in car manufacturing is Argentina, at a rate of 69%.

Disclaimer: This information is for educational, or entertainment purposes only. It must not be construed as advice, legal, financial, or otherwise. We do not make any warranties about the completeness, reliability, and accuracy of this information.

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