These were the five biggest stories in South Africa’s transport industry this week.
The R6-per-litre target in South Africa’s petrol prices
The Minister of Mineral and Petroleum Resources Gwede Mantashe has revealed a plan to reduce fuel prices in South Africa.
The government is investigating changes to the General Fuel Levy and Road Accident Fund Levy, which add more than R6 per litre to the cost of every litre of propellant sold in the country.
The announcement has been met with skepticism, given that the levies are a huge source of revenue for the state.
Toyota very worried about the future of South Africa
Toyota has warned that South Africa is rapidly losing its competitive edge in the global auto scene, putting the local industry at risk.
Toyota South Africa Motors CEO Andrew Kirby recently stated that South Africa is entering a phase of “deindustrialisation” and that urgent government intervention is needed.
Other carmakers including VW, Ford, and Isuzu have expressed similar concerns about their domestic operations.
Formula 1 is definitely coming to South Africa
Minister of Sports, Arts, and Culture, Gayton McKenzie, has stated that Formula 1 (F1) is “definitely coming to South Africa.”
McKenzie recently explained that F1’s leadership wants to bring the sport back to the country and they have given him a list of requirements that must be met before they could do so.
Previous attempts have been made to re-introduce F1, but the process has run into issues from racetrack suitability to political concerns.
Citroen recalls 2 models in South Africa
Citroen has recalled all C3 and DS3 models in South Africa manufactured between 2009 and 2019.
The vehicles are being pulled for urgent airbag replacements as part of the ongoing Takata recall campaign.
The faulty airbags deteriorate over time, presenting a serious danger to occupants.
New Mahindra XUV700 flagship launched in South Africa
Mahindra has launched the new XUV700 Black Edition in South Africa.
The Black Edition is the new flagship of the range at a starting price of R627,900.
The top-end model brings a number of exclusive cosmetics to the family SUV.
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