Industry News

Our Latest Blog Posts
08
Jul

Future fuels: Which will prevail – hybrid, electric or petrol cars in SA?

Three lower-carbon technologies and a host of also-rans are competing to replace internal combustion engine vehicles. Jakkie Olivier, CEO of the Retail Motor Industry Organisation (RMI), takes a look at their advantages and disadvantages. There is a growing sense of urgency in the automotive industry that more needs to be done to curtail dependency on fossil fuels and to reduce harmful CO2 emissions. Original Equipment Manufacturers (OEM) are channelling ever…

Read more →
08
Jul

SEE: World’s cheapest petrol prices

Countries that produce oil have the benefit of not paying too much to fill-up their tanks. As South African motorists are currently paying the equivalent of $1.11 per litre. Countries such as Nigeria only pay $0.40 per litre of petrol We take a look at some of the cheapest fuel prices around the world: https://www.wheels24.co.za/News/see-worlds-cheapest-petrol-prices-20190705

Read more →
08
Jul

SEE: Feeling the pinch at the pumps? Spare a thought for these motorists who experience the world’s most expensive petrol prices

As South African motorists continue to feel the pressure from ever-increasing fuel prices we take a look at the petrol prices at pump around the world. Local road users  are currently paying R15.61 per litre for fuel. Hong Kong, Monaco, and Norway top the list for the highest petrol price in the world. Motorists in Hong Kong are currently paying a staggering $2.21 for a litre of petrol with Monaco not…

Read more →
03
Jul

At least 10 killed in Nigeria fuel tanker blast

At least 10 people were killed and more than 50 injured in central Nigeria when a petrol tanker crashed off the road and exploded as people gathered fuel, the emergency services said on Tuesday. The truck overturned close to shops as it was travelling through the village of Ahumbe in Benue state on Monday. Local residents rushed to collect the leaking gasoline but the fuel exploded, causing a blast that…

Read more →
02
Jul

Want to reduce your fuel bill? These are the top second-hand cars to buy and sell at auctions in SA

While the petrol price is set to drop by 95 cents a litre during July and diesel will drop by 75 cents, South Africans are still reeling from sky-high fuel prices. One way of dealing with this situation is by purchasing an economical car. But which vehicle is best? According to Darryl Jacobson, managing director of True Price, these are the eight best buys if fuel economy is important. He…

Read more →
01
Jul

Big petrol price cut clipped by hike in electricity costs

Although petrol and diesel costs will be dropping for the first time in six months on Wednesday, consumers have little to celebrate as electricity tariffs start to kick in from Monday July, 1. Petrol 95 will fall by 95 cents a litre and 93 octane by 96 cents at midnight on Tuesday. Diesel (0.05% sulphur) will decrease by 74 cents and diesel (0.005% sulphur) by 75 c/l. Subscribe to Fin24’s…

Read more →
27
Jun

Large fuel price drop expected for July says AA

Lower international oil prices have set up a substantial fuel price drop for July, according to the Automobile Association. In a fuel price prediction on Thursday, the association said it is expecting the petrol to drop by 86 cents a litre, diesel by 68 cents, and illuminating paraffin by 58 cents next month. This reduction could have been greater had it not been for the rand, it added. The AA…

Read more →
27
Jun

Fuel set for July breather, weak Rand obstructs bigger drop – AA

Lower international oil prices throughout June have set up a substantial fuel price drop for July, and the reduction could have been greater had it not been for the Rand. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. The Association is expecting petrol to drop by 86 cents a litre, diesel by 68 cents, and illuminating…

Read more →
26
Jun

Refuelling return would not fix F1 – Horner

F1 figures are not very enthusiastic about the idea of bringing refuelling back to the sport. With Mercedes utterly dominating, many are wondering how Formula 1 should be spiced up ahead of the sweeping rule reforms for 2021. Antti Aarnio-Wihuri, a former sponsor of Valtteri Bottas, told the Finnish media that he thinks bringing refuelling back to the pitstops would help. "If the cars are going at exactly the same…

Read more →
1 63 64 65 66 67 78