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5 important things that happened in South Africa’s car industry this week

These were the five biggest stories in South Africa’s automotive industry this week.

Big drop in petrol prices expected for South Africa in December

South Africans can look forward to a substantial decline in fuel prices this holiday season, according to data from the Central Energy Fund (CEF).

The latest predictions suggest that petrol users will enjoy a drop of over R1 per litre, while diesel users will experience twice the reduction.

These price adjustments are still subject to change before month-end as they are largely based on fluctuations in the rand/US dollar exchange rate and international oil prices.

Upgrade announced for crumbling highway to OR Tambo Airport

The South African National Roads Agency (Sanral) has announced plans to rebuild a section of the R21 highway that serves as a vital pipeline for OR Tambo International Airport.

The 14km stretch of road runs from Pomona Road Interchange near the airport, to the Olifantsfontein Road Interchange northbound towards Pretoria.

The reconstruction effort is expected to take 24 months and will cost an estimated R309 million.

The 1-tonne bakkie that will be built at the new factory in South Africa

Stellantis has confirmed that its new R3-billion factory in South Africa will be used to build the Peugeot Landtrek bakkie.

The factory will be located in the Coega Special Economic Zone in the Eastern Cape and is expected to employ 2,000 people when it is completed in 2025.

The company is aiming to produce 50,000 vehicles a year with most of these slated for export to markets like the Middle East.

Chinese Jaecoo J7 officially coming to South Africa – Dates and details

Chinese automaker Jaecoo has confirmed its intention to enter the South African market after months of unofficial comments.

The brand is entirely new, having only debuted in April this year, meaning that the tip of Africa will be one of the first locations in the world to welcome the nameplate.

Its first vehicle will be the J7 luxury SUV, though many details of this model are still to be announced.

New GWM Ora 03 goes on sale in South Africa

The GWM Ora has officially gone on sale in South Africa at a starting price of  R686,950.

This makes it the most affordable electric car in the country, and it is available in four specifications with two battery options at its disposal.

The hatchback has a maximum driving range of 420km and can manage a 10-89% charge in as little as 50 minutes.

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