Triton brings the challenge to competitors
The bakkie war has intensified with the local launch of Mitsubishi’s next-generation Triton, an evolution in the iconic bakkie’s 46-year legacy.
- Product News
- 21 November 2024
South African motorists can expect a further drop in the fuel price during November.
This follows comment from the Automobile Association (AA), as based on the unaudited month-end fuel price data released by the Central Energy Fund.
According to an AA statement, fuel prices are set for more reductions due to a slightly firmer Rand and softer international oil prices.
The current data shows that petrol will be down by as much as 27 cents a litre, with diesel lower by around 11 cents.
"The only fly in the ointment is illuminating paraffin, whose basic fuel price increased while petrol and diesel were falling, meaning a 15 cents a litre rise for the popular lighting and heating fuel is on the cards," the AA commented.
With the Rand maintaining its strength against the US dollar throughout October, the AA added that the exchange rate and oil pricing data has shown more stability over the past two months, suggesting that fuel prices have reached an equilibrium.
"This gradual appreciation has been mirrored by international oil prices, which softened throughout the month, with steeper reductions seen over the past ten days," the AA noted.
"We are hoping that this continues, because fuel price stability would come as a welcome relief to individuals and corporates alike in the current economic conditions," it concluded.
Leading used car trader, WeBuyCars, which listed on the JSE in April this year, is expanding its business focus to include third party sales and is rapidly expanding its vehicle supermarket and buying pods presence in South Africa.
The Isuzu Foundation, in collaboration with IRONMAN4theKidz, donated R250 000 to three Mossel Bay charities dedicated to uplifting vulnerable youth, families and individuals in need.
Hino South Africa has handed over four mobile offices to the Gauteng Government Roads and Transport Department, which are to be used as Smart Driving Licensing Testing Centres by the Road Traffic Management Corporation (RTMC).