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Australian petrol vehicle sales down 36.2 pct in September-Xinhua

CANBERRA, Oct. 6 (Xinhua) -- Petrol vehicle sales in Australia were down 36.2 percent year-on-year in September as electric vehicle sales continued to surge, the Federal Chamber of Automotive Industries (FCAI) reported on Tuesday. The report also said that diesel vehicle sales declined by 18.4 percent in September. In the same period, the FCAI said that sales of battery electric vehicles (BEVs) and plug-in hybrids more than doubled. It said that BEVs accounted for 24.2 percent of all new vehicles sold in Australia in September, the second-highest market share on record behind the 24.9 percent reported in August. It marked the fifth consecutive month of BEVs accounting for at least 20 percent of new vehicle sales after the milestone was first achieved in May. The FCAI said that Ch...

South Africa’s petrol, diesel prices for October set to rise sharply-Xinhua

JOHANNESBURG, Oct. 5 (Xinhua) -- South African motorists and consumers face another economic blow this week as the Department of Mineral and Petroleum Resources announced major monthly fuel price increases on Monday, set to take effect this Wednesday. Driven by ongoing conflict in the Middle East and rising global crude costs, with Brent crude climbing above 100 U.S. dollars a barrel during September, the department confirmed that petrol prices will increase by between 3.12 rand (about 0.19 U.S. dollars) and 3.33 rand per liter, while diesel will rise by 2.84 to 3.24 rand per liter. In its statement, the department highlighted that average Brent crude oil prices rose from 87.89 to 101.00 dollars per barrel over September as U.S.-Iran tensions escalated and threatened oil transit throug...

German petrol prices rise despite gov’t fuel tax cut-Xinhua

BERLIN, Oct. 5 (Xinhua) -- The German Automobile Club (ADAC) on Monday reported renewed increases in petrol and diesel prices, just days after the government introduced energy tax cuts aimed at easing the impact of high global oil prices on motorists. According to ADAC, the nationwide daily average price of Super E10 rose to 2.14 euros (2.39 U.S. dollars) a litre on Sunday, up 2.3 euro cents (2.6 U.S. cents) from Thursday. Diesel rose by 0.9 euro cents (1.0 U.S. cent) to 2.25 euros (2.52 dollars) per liter. To cushion consumers from rising fuel costs amid the Iran war, the German government introduced a three-month cut in energy taxes on petrol and diesel on Oct. 1, reducing the tax burden by around 17 euro cents (19 U.S. cents) per litre, including value-added tax. The measure is ex...