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Fuel Price Relief

Fuel prices in South Africa could come down a couple of cents in June if the rand/dollar exchange rate stabilises over the rest of the week and there are no drastic fluctuations in international fuel prices.

The latest figures from the Department of Energy show an average over-recovery of 18.8c/litre for petrol in the period March 31 to May 20.

This means that on June 2, the first Wednesday of next month, petrol prices could be reduced at least 18c/litre if factors affecting price remain the same until Thursday – the last day of the review period, on the basis of which June's price adjustment will be determined.

For diesel there is an over-recovery of 6.1c/litre.

An over-recovery of 6.1c/litre means that the public is currently paying 6.1c more for diesel than the basic price formula determines.

For paraffin there is an over-recovery of 5.2c/litre.


Hyundai Launches iX35

The latest and fourth version of Hyundai’s i-Series cars is here. Launched to local SA media earlier this week, the first iX35s have already made their way onto showroom floors.

“The iX35, which replaces our popular Tucson, is another manifestation of the rapid progress which the Hyundai brand continues to make,” says Hyundai’s Director of Marketing Stanley Anderson. “We are confident it will do the same in the important compact lifestyle vehicle segment as the i10, i20 and i30 hatchbacks have done in the segments in which they compete.”

Hyundai decided to move away from the distinctly hatchback proportions of the Tucson when they penned its replacement and the result is a sleek, one-box shape. To achieve this effect, the iX35 gets a high waist line, coupled with a low-to-the-ground feel, which is enhanced by the 225/55 R18 wheels on all but the baseline model.

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