Launched in Q2 of 2023, the Subaru Crosstrek – formally the XV – has the option of two hybrid variants.

The 2024 Subaru Crosstrek lineup includes five options: three with petrol engines (named the 2.0L, 2.0R, and 2.0S) and two hybrids (referred to as Hybrid L and Hybrid S).

Like all Subaru SUVs, the Crosstrek stands out in its size category by offering all-wheel drive (AWD) as a standard feature, providing it with superior off-road capability.

With not many AWD hybrid small SUVs on the market, let’s see what the starting hybrid Crosstrek option offers.

Pricing & Features

The first of the two hybrid options, the L variant comes in at $38,590 before on-roads are added.

Standard specs include 17-inch alloy wheels, an 11.6-inch touchscreen, a 4.2-inch drivers display, wireless Apple CarPlay and Android Auto with a wireless phone charger.

To add to the offering are rain sensing wipers, six speakers, LED headlights and black roof rails.

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Powering the vehicle is a 112kW/262Nm 2.0-litre e-Boxer four-cyclinder petrol engine, paired to an 12.3kW/66Nm electric motor.

Subaru states that the standard Crosstrek petrol model achieves a combined fuel economy of 7.2 litres per 100km, whereas the e-Boxer Hybrid version lowers it to 6.5 litres per 100km. The fuel tank has a capacity of 63L for the petrol model, which is relatively spacious for its segment, while the hybrid model holds 48L.

Safety

Sitting towards to top end of the range of the line-up, the Crosstrek comes packed with safety.

Nine airbags, adaptive cruise control, lane keep assist and departure warning and automatic emergency braking all come on the Crosstrek range.

Additional safety includes blind spot monitoring, rear-cross traffic alert, rear parking sensors and a driver monitoring system.

Though it hasn’t been assessed yet by ANCAP, it would come as a surprise if it didn’t receive the top five-star score.

It’s predecessor the XV scored the maximum rating in 2017 and all other key models hold a 5-star rating.

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Key Rivals

The Crosstrek Hybrid L faces competition from other compact hybrid SUVs:

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Should I put it on my shortlist?

As the world starts to move towards electrified options, Subaru is covering their bases with hybrid options.

The 2024 Subaru Crosstrek Hybrid L is a compelling option for those looking for a compact SUV that combines eco-friendly driving with off-road capability– something not many competitors aren’t able to match.

If you’re seeking a vehicle that aligns with a sustainable lifestyle without sacrificing versatility and reliability, the Crosstrek Hybrid L is certainly worth a look.

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MORE All Subaru Crosstrek News & Reviews
MORE Australia’s Best Small SUVs

The results are in: this rebodied 1971 Ford GTHO Phase III just sold for $350,000

UPDATE: After sitting at around $250,000 for most of the day, a late flurry of bidding saw this rebodied Electric Blue GTHO Phase III sell for $350,000 when the auction closed just after 4:30pm today.

In total, 52 bids were placed.

Compared to previous auction sales, the price could be considered low (GTHO Phase IIIs were swapping hands for more than $1 million in 2021), however considering current market conditions – and that this is a rebodied car – the result isn’t unexpected.

What do you reckon, did the buyer score a good deal for one of Australia’s most iconic vehicles? Have your say in the comments below.

Our original story, below, continues unchanged.

Last week it was a mighty HSV GTS-R W1 that sold for big bucks at auction but today it’s the turn of arguably Australia greatest motoring icon — the Ford Falcon XY GTHO Phase III.

One of just 300 GTHO Phase IIIs built by Ford, this 1971 example is finished in Electric Blue and is tipped to rake in big money with bidding already eclipsing the $250,000 mark.

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The auction, which is being run by Collecting Cars, ends at 4:30 (AEST) today meaning there’s just over five hours left to claim a piece of Aussie motoring history.

A ‘Yellow Glo’ GTHO Phase III currently holds the record for an Aussie car at auction after it sold for $1.3 million in September 2021.

Built in July 1971 at Ford’s Broadmeadows production plant, this GT-HO Phase III carries the build number 170 of 300 and is just one of 11 examples finished in Electric Blue. According to Collecting Cars, it is also just one of two Electric Blue examples to have a black vinyl interior and matching ‘minor options’ which include a tinted band on the windscreen and the 36-gallon ‘Bathurst’ fuel tank.

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Further underscoring the GT-HO’s rarity is that just 100 of the original 300 examples built are believed to still be in existence.

This particular car, which has an unwarranted odometer reading of 6003 miles and has been recently rebodied and restored, is powered by Ford’s famous 5.8-litre ‘Cleveland’ V8 paired with a four-speed manual gearbox and 3.25:1 Daytona limited-slip rear differential.

Collecting Cars says a recent dyno test rated this Phase III as producing 291hp (217kW) at the rear wheels, which is only marginally down on Ford’s official claim of 300hp (220kW) when the car was brand new.

Ford said the the Phase III would hit 0-100km/h in around 6.4 seconds, while the standing quarter mile was completed in 14.4sec using the standard diff ratio.

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Infamously known as the world’s fastest four-door production car, the GTHO Phase III made headlines around the nation after it clocked 228km/h during a Wheels road test with Mel Nichols at the wheel in October 1971. The image of the the Phase III’s speedometer, shot by photographer Uwe Kuessner, is equally famous among enthusiast circles.

Built as a homologation special, the Phase III was more powerful than a regular XY Falcon GT and also featured upgraded brakes and suspension to ensure it latest the distance at Australia’s most famous endurance race at Mount Panorama.

Driven by Ford hero Allan Moffat, the Phase III took victory at the 1971 Bathurst Hardie-Ferodo 5000 and also took overall honours in the 1973 Australian Touring Car Championship.

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Fraught beginnings

Things got off to a bumpy start for this particular GTHO Phase III after it was involved in a bingle on the same day it was purchased. Bought by the excellently named ‘Mr Streeter’ from Fisher Ford in Queensland, Ford is understood to have assisted with the repairs after the first-day smash.

Offered for sale in Queensland in the 1990s, the car remained up north until 2005 when it was purchased by a collected in New South Wales.

How much will it sell for?

We’ll update our story after the auction ends at 4:30pm but the current bidding sits at $265,000 with around five hours left to run.

Phase IIIs have a history of fetching huge money with several examples changing hands for more than a million dollars in recent years. As previously mentioned, a Yellow Glo example sold for $1.3 million in September 2021.

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A closer match for today’s auction piece is found in February 2021 when another electric Blue Phase III, this time with 17,340km on the clock, sold for $1.15 million.

Those prices were achieved at the height of the pandemic-fuelled classic car boom, however, and it’s unlikely today’s car will get close to those figures.

An interesting comparison will be to see how it fares against last week’s HSV GTS-R W1, which sold for $363,000.

The 2024 Hyundai Kona Electric N Line has been confirmed for Australia.

Hyundai Australia has announced the sportier-looking Kona Electric will arrive here later this year. It is currently unclear if the N Line will be offered as an option pack, like the petrol and hybrid, or as a separate variant.

Compared to the standard Kona Electric, the N Line adds unique 19-inch alloy wheels, different bumpers, side skirts, N Line badging, black side mirrors, and an optional two-tone black roof.

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Inside, it features red details on the dashboard and steering wheel, part-Alcantara sports seats with red contrast stitching, an N Line badge on the front headrests, black headlining, and metal pedals.

While it is the first Hyundai electric vehicle to receive the N Line treatment, the Korean brand has already unveiled its first electric performance car under its ‘N’ sub-brand – the Ioniq 5 N.

In the United Kingdom, the Kona Electric N Line will be offered in two variants – N Line and N Line S – both featuring the range-topping 64.8kWh battery and 160kW/255Nm front-mounted electric motor, which is downrated to 150kW/250Nm for Australia.

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Hyundai has not detailed if the N Line’s revised styling will impact the driving range of the extended-range variant, which is listed at 444 kilometres for variants with 19-inch wheels under the WLTP test cycle.

The 2024 Hyundai Kona Electric N Line will commence production for Europe in February ahead of its Australian launch later this year.

The standard 2024 Hyundai Kona Electric is arriving now in Australia, priced from $54,000 before on-road costs.

A rival to the BYD Atto 3, MG ZS EV, Kia Niro EV and Peugeot E-2008, the Kona Electric is available in two grades – Electric and Electric Premium – with the choice of a 99kW/250Nm motor matched to a 48.6kWh battery, or the extended-range 160kW/255Nm motor and 64.8kWh battery.

MORE All Hyundai Kona News & Reviews
MORE Everything Hyundai

With cost-of-living concerns rife across the nation, the Climate Council has shared its findings on how Australians can save money if they’re travelling on popular routes along the east coast.

Petrol prices have skyrocketed in recent times, fluctuating between $1.80 per litre to as high as $2.30, with the Climate Council reporting that Australians are cutting back on vehicle use in order to save as much as they can.

“The great Aussie road trip is a summer tradition for many families. But these days, hitting the open road comes at a huge cost to our hip pockets, as well as to our environment.

“We need cars that use far less fuel to help save Aussies money and cut pollution. They’re out there, but there aren’t enough of them available to buyers,” said Dr Jennifer Rayner, the Climate Council’s Head of Advocacy.

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The Climate Council’s aim to send emissions lower ties with their recommendations for broader adoption of electric cars to offer zero run-time emissions.

“Having cleaner cars that are cheaper to run will help relieve the cost of living pressure on Aussie households. We’ve crunched the numbers and electric cars deliver the biggest savings but even choosing a more fuel-efficient car can generate big savings,” said Climate Councillor Nicki Hutley.

The methodology for their analysis involved calculating the average Australian passenger vehicle (as defined by the ABS [↗]) and comparing its consumption with an efficient ICE vehicle and a battery electric vehicle (BEV) – considering the fuel costs during the week that ended on the 10th of December 2023, and the electricity costs as of the 11th of December 2023.

Electric car charging
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This research follows an August 2022 report from the Climateworks Centre that switching to an EV could save owners $1300 a year, over an assumed 15 years of ownership.

Hutley continued, “The best part is, you don’t have to own an electric car to drive one. Hiring an electric vehicle for your next trip is a great option. With rental prices starting from $70-150 per day in major cities, it’s cost-effective for longer journeys.”

Average car vs BEV

The tables below were compiled by the Climate Council [↗], with the average passenger car consuming 11.1 litres per 100km, compared with the efficient Skoda Fabia’s 4.5L/100km and a BYD Atto-3 Extended.

JourneyAverage passenger carBattery electric vehicle (grid charging)Cost savings between these types of vehicles
NSW journeys
NSW (Syd to Huskisson)$38$9$29
NSW (Syd to Merimbula)$93$22$71
NSW/QLD (Syd to Gold Coast)$172$41$131
NSW/VIC (Syd to Melbourne)$181$43$137
NSW/VIC (Syd to Great Ocean Rd)$220$53$167
Victoria journeys
VIC (Melb to Great Ocean Rd)$42$9$33
VIC/NSW (Melb to Syd)$178$38$139
VIC/SA (Melb to Nullabor)$378$82$297
Queensland journeys
QLD (Bris to Noosa)$32$6$25
QLD (Bris to Syd)$196$40$156
QLD (Bris to Cairns)$368$75$293
ACT journeys
ACT (Canberra to Huskisson)$40$7$33
ACT (Canberra to Melbourne)$136$23$113
ACT (Canberra to Byron Bay)$213$36$177

Average car vs efficient petrol car

JourneyAverage passenger carMore efficient petrol carCost savings between these types of vehicles
NSW journeys
NSW (Syd to Huskisson)$38$16$23
NSW (Syd to Merimbula)$93$38$56
NSW/QLD (Syd to Gold Coast)$172$70$103
NSW/VIC (Syd to Melbourne)$181$73$107
NSW/VIC (Syd to Great Ocean Rd)$220$89$131
Victoria journeys
VIC (Melb to Great Ocean Rd)$42$17$25
VIC/NSW (Melb to Syd)$178$72$106
VIC/SA (Melb to Nullabor)$378$153$225
Queensland journeys
QLD (Bris to Noosa)$32$13$19
QLD (Bris to Syd)$196$79$116
QLD (Bris to Cairns)$368$149$219
ACT journeys
ACT (Canberra to Huskisson)$40$16$24
ACT (Canberra to Melbourne)$136$55$81
ACT (Canberra to Byron Bay)$213$86$127
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It’s been a bumpy start to production for the Ford F-150 in Australia with the full-size pick-up recalled for the second time in under a month.

Ford has issued a stop driving notice for its new flagship ute after an issue was discovered that could see the steering shaft separate from the steering rack.

The new problem follows hot on the heels of a turbocharger related recall in late December 2023 that saw Ford Australia instruct its dealer network to stop sales and delivery of its new large dual-cab ute.

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Three examples of the F-150 were understood to be impacted by the turbo recall, however this latest problem affects all examples of the F-150 sold in Australia so far.

Ford converts the F-150 from left-hand drive to right-hand drive at a new 21,000sqm facility on the outskirts of Melbourne, with Thai-based outfit RMA Automotive taking care of the actual remanufacturing work.

“Due to a remanufacturing process issue, the steering intermediate shaft may separate from the steering rack resulting in a loss of steering control,” said Ford in its recall notice.

“A loss of steering control could increase the risk of an accident causing injury or death to vehicle occupants and/or other road users.”

The full recall notice is linked here.

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The steering rack is one of the key differences between American and Australian F-150s, with Ford and RMA replacing the original rack with one taken from the Ford Ranger Raptor.

If your vehicle is affected, stop driving your F-150 immediately and contact Ford to organise an inspection and possible repair.

Ford is acting swiftly to address the issue with owners taking to social media to applaud the company for its impressive customer service.

A Ford spokesperson made the following statement about the steering-related recall when contacted by Wheels:

“We found a quality issue in a very small number of F-150s, which could potentially have led to a loss of steering whilst driving. This was picked up in the re-manufacturing plant and there have been no reported incidents in the field.

“A total of 98 vehicles delivered to customers required an inspection to confirm that the steering shaft has been installed correctly. The vast majority of these inspections took place last weekend, with dealer technicians visiting customers at home or a location convenient to them.

“Of these, none were found to have an incorrectly installed steering shaft, so all of these customers have now been cleared to drive their vehicle as normal. A few customers were travelling and away from their vehicles, so their vehicles are not being driven and will be inspected as soon as they’re accessible.

“The balance of potentially affected vehicles are being checked by our team or dealer network before delivery to customers. We thank customers for their patience as we work through this process.”

MORE Everything Ford
MORE All Ford F-150 News & Reviews

A new website called ‘Electrified Toyota’ has surfaced online (we’ve elected to not link to the website), inviting visitors to use a new chatbot named ‘Electra’ for advice on reducing their vehicle’s emissions.

Designed to suit the Japanese carmaker’s familiar red branding and logo, the website and the chatbot use deceptive language and imagery to pose as an official product – although car enthusiasts might notice that the tightly cropped interior photo in the website’s header section is a Haval Jolion.

“Electra® is a stunning embodiment of Toyota’s commitment to drivers’ changing concerns in a changing climate. She is an AI copilot designed to help reach our Beyond Zero future—without having to change lanes in the present,” the site says, as a thinly veiled swipe at the notion that anything can be done about climate action while also driving a combustion-engined vehicle.

“Birthed at the Toyota Research Institute, she has been trained on extensive automotive and climate data sets that give her deep understanding of these complex systems, all in support of her mission directive: to help drivers experience ecological awareness while still enabling the fuel-powered driving experience they know and love,” it continues.

Another line, “I’m here to augment the environmental impacts of driving, while keeping it safe and fun,” barely makes sense, except to suggest that its purpose is to ensure motorists carry on with the status quo.

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Engaging the chatbot starts off with a simple introduction, and in my case, incorrect details about the Toyota BZ4x EV.

Within moments, the chatbot says it needs to connect to the internet, and from this point it launches into a script that has proven identical in all of our chats with ‘Electra’.

No matter your responses from this point, the bot – or rather, the script – dives into one of a few doomsday scenarios.

At this point, it’s more than clear the website is not an official Toyota product, although it may have been inspired by a Chevrolet dealer’s recent naive efforts at using ChatGPT to help customers online, only to be easily manipulated into bad-mouthing the brand. [↗]

As the chat progresses, the now seemingly sentient bot pleads for our trust, promising to send us all the information it can on Toyota’s dastardly plans to end humanity, only to be interrupted by a dialogue box that claims to apologise for the bot’s faulty behaviour – which then switches to a clear message from the site’s actual creator, directing users to their website.

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Toyota was unable to provide comment for this story at the time of publishing, but a spokesperson confirmed it is being investigated and will come back to us “ASAP”.

We expect legal concerns might preclude that, but we’ll update this story when we know more.

All of this follows an almost scandal-like response to Toyota’s slow embrace of EVs, having initially baulked at the technology before only recently confirming it is now more focused on an expansive EV line-up by 2030.

Last year, the company was referred to the the Australian Competition and Consumer Commission (ACCC) by Greenpeace Australia Pacific for alleged ‘greenwashing’ practices in its marketing. It has also been accused in the US of lobbying Congress members to slow the shift to EVs. [↗]

Volvo has been more than a little bullish on EVs in recent years, confirming in late 2022 that it will be an exclusively electric brand by 2026.

That’s no small thing. It means Volvo will be Australia’s first legacy automotive brand to go full-electric, joining newcomer EV-only brands like Tesla and BYD.

In 2024, Volvo will take two steps closer to that goal, adding the compact EX30 and the large EX90 to its Australian range.

The years ahead will also see replacements for the small XC40 and medium XC60 SUVs.

JUMP AHEAD

Coming in 2024

Beyond…


Volvo EX30

The first new arrival for Volvo in 2024 will be the EX30, due here very soon.

Launching in February, the compact EX30 will be priced from $59,990 – just a few grand more expensive than the new Hyundai Kona Electric, which could make it appealing for those who don’t need the Hyundai’s ~200mm of extra length.

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Those hungry for the famed speed of EVs will also appreciate the Performance Ultra variant’s claimed 0-100km/h time of 3.6 seconds.

Hit the featured article linked above for full Australian pricing, and watch for our first drive review to land on our EX30 page in February.

MORE All Volvo EX30 News & Reviews
MORE All the new cars coming to Australia

Volvo EX90

Volvo the EX90, an all-electric alternative to the flagship XC90 offering in late 2022 ahead of a late 2024 Australian launch. That’s a big delay – will it be worth the wait?

As Volvo’s first flagship EV, the EX90 carries some serious expectations.

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It clearly has the specs for the job, however, with a rear-biased dual-motor set-up, a big 111kWh battery, and a WLTP range of around 600km. It also offers bi-directional charging for external devices or energy back into homes.

Hit the featured article linked above for our full reveal story, and watch for more details to appear on our EX90 page in the coming months.

MORE All Volvo EX90 News & Reviews

BEYOND 2024

As Volvo works to go full electric, we can expect future generations of its existing line-up to drop combustion-engined models.

Volvo XC40 & C40

Unveiled in 2017, the current, first-generation XC40 has proven immensely successful for the brand, proven by its Wheels Car of the Year win in 2019.

Initially available in petrol, hybrid and diesel forms, the XC40 was later launched in electric form – followed in 2021 by a couple style, the C40.

Volvo has yet to offer any official word on the next XC40, but we’d expect it to take styling and technology cues from the EX30 and EX90 detailed above.

Watch for more on a future XC40 generation to come in the next couple of years. Although, given the C40’s still recent debut date, a second-gen take on the coupe design might arrive a few years after the next XC40.

MORE 2024 Volvo XC40 & C40 Recharge EVs pricing: More range, faster charging, RWD
MORE All Volvo XC40 News & Reviews
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Volvo XC60

The current XC60 is now over six years old, having won Wheels Car of the Year in 2018.

It’s clear the next model will be electric-only, if only in Australia to begin with. It could use the Compact Modular Architecture (CMA) 2.0 platform that underpins Geely stablemate Lynk & Co’s new 08, unveiled in 2023, although that model has so far been shown only in hybrid and plug-in hybrid EV forms.

Like the XC40, the next XC60 – a rival to models like the BMW iX3 and Audi Q8 E-Tron – is likely to borrow design inspiration from the EX30 and EX90, if not evolve the brand’s styling themes even further.

With those advanced new electric siblings on the horizon, we’d expect to see the new XC60 spied in camouflage, if not revealed in full, later this year or early in 2025. It would be difficult to continue selling the XC60 in its current form, given the leaps taken with the EX30 and EX90.

Volvo ES90

Much less is known about an electric successor to the big S90 flagship sedan, despite rumours circulating since at least late 2022.

According to reports overseas, the so-called ES90 will take most of its tech from the EX90 SUV, including its platform and big battery pack.

And, while the ES90 would be Volvo’s new flagship sedan, its most likely direct rivals would be the BMW i5 and Mercedes-Benz EQE, given the now gigantic proportions of the BMW i7 and Mercedes-Benz EQS.

We don’t expect the ES90 to come to Australia, given the shrinking market for sedans, but the present of obvious rival models from BMW, Mercedes-Benz and Audi could inspire Volvo to take another swing at the traditional ‘big luxury sedan’ market.

MORE All Volvo XC60 News & Reviews
MORE Everything Volvo
MORE All the new cars coming to Australia

Snapshot

Bathurst’s Mount Panorama circuit becomes the next stop on SuperVan 4’s world tour, following a class win at the Pike’s Peak hillclimb and debut at Goodwood Festival of Speed in 2022.

The 1050kW four-wheel drive electric van – now in ‘4.2’ guise – has undergone significant revisions since its global debut, shedding 400kg and wearing an enhanced aero package that generates two tonnes of downforce at 240km/h.

French Endurance racer Romain Dumas will pilot it around the mountain on demonstration laps, marking the first outing of any SuperVan in Australia.

MORE 2023 Ford E-Transit pricing and features
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Punters will be able to see the van at both the Bathurst 12 Hour GT3 event (16-18 February) and the Thrifty 500 (23-25 February) Supercars season opener.

“Driving SuperVan 4.2 is always a huge privilege and after the successful outing at Pikes Peak, I am delighted that the Ford Performance team keeps finding new and exciting ways to push the envelope.

“For any racing driver, Bathurst is a unique and exhilarating challenge and I can’t wait to give the Australian fans a show they will hopefully never forget,” said Dumas. The SuperVan 4.2 will also be displayed in the paddock.

MORE 2024 Ford Mustang Mach-E review: Australian launch
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For those not up-to-date on the SuperVan tradition, since 1971 it’s been a motorsports marketing exercise, initially promoting the capability of the Transit van but now a pseudo testbed for Ford’s motorsports operations.

The original had the Ford GT40’s 4.2-litre V8 which developed 400 hp (294kW) mounted mid-ship, suspension and braking modifications.

MORE Weekend Watch: GT40 at Le Mans
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Over the years, Ford’s SuperVan evolved with the second instalment hitting 280km/h on the Silverstone circuit thanks to its Cosworth DF2 V8.

In 1994, it went under heavy reengineering to fit Cosorth’s ‘HB’ V8 and become the SuperVan 3, perhaps the most iconic shape of all, that completed demonstration laps until 2001.

MORE Opinion: Kia ora, SVG
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Ford’s latest SuperVan is arguably the most important, effectively a testbed for electric racecars on a world stage.

Since its launch, the recipe has been refined, with the number of motors reduced from four to three and the insertion of higher-performance lithium-polymer pouch cell batteries from STARD.

“SuperVan 4.2 will take on the challenge of Mount Panorama in the same configuration it raced in at Pikes Peak – as the ultimate expression of what is possible with electric performance and Ford’s EV technology,” said global director Ford Performance Motorsports Mark Rushbrook.

MORE All Ford Transit News & Reviews
MORE All Ford Maverick News & Reviews

Fuel, groceries, kids, mortgage repayments and even the humble can of Coke – few expenses have managed to escape the relentless grip of surging inflation rates.

To every motorist’s increasing frustration, car insurance bills are no exception – they’ve been hit by substantial increases in recent years, surpassing the standard inflation rate.

According to GlobalData [↗], the Australian motor insurance industry is projected to achieve a 12.2% growth rate in 2024, driven by factors such as rising vehicle sales, federal and state encouragement of electric cars through subsidies, and an uptick in insurance rates. (That’s where we come in!)

When that unwelcome renewal email lands, the reasons behind the inevitable price hikes may not be immediately evident. Numerous factors are at play, of course, so here’s what you need to know.


Extreme weather events

It only takes a look outside the window for many to understand the significant impact of extreme weather events. Turn on the news and you’ll see cars in trees or floating down rivers that were streets only hours before.

Major events such as the recent Queensland floods result in a higher number of claims for car insurance companies, as vehicles are often badly damaged or written off after natural disasters. To ensure they can cover these losses without cutting too far into profits (heaven forfend), insurers raise prices across the board – not only for those living in affected areas.

Cars becoming more expensive

As the cost of cars continues to rise, encompassing both new and used vehicles, the expense of replacing an insured vehicle naturally increases.

The days of bustling sub-$20k segments are fading into the past, as our beloved crowd favourites gradually move up the price ladder, for many reasons. Even the used car market hasn’t been immune to this demand, experiencing value peaks during the pandemic that continue to have lingering effects.

In cases where your car is declared a write-off, insurers are spending more than ever to fund a comparable replacement for you.

In the broader economic landscape, factors like interest rates and investment returns can significantly impact insurers’ profitability. When insurers earn less from their investments, they may opt to raise premiums to offset the effects of lower returns. (Also known as: passing losses on to us regular car owners.)

Repairs and parts

Inflationary pressures have had a notable impact on the price of car parts, which, in turn, has led to higher repair costs – a phenomenon that has affected various industries grappling with similar economic factors.

The rising cost of international shipping, too, has posed challenges for insurers, hindering their ability to import parts as cost-effectively as they did in the past. It seems TEMU is the only business not passing on these insane shipping costs to consumers. (Indeed, China’s BYD now has its own vehicle transport ship to avoid having to deal with shipping companies.)

Similarly, the surge in repair expenses can be attributed to several factors, including the scarcity of parts, resulting in inflated prices. Supply and demand, 101.

The list of factors goes on…

Operational expenses for dealers and repair shops have risen due to increased energy bills, property and service fees, and wages – and as cars become more technologically advanced, the wages of qualified technicians are only going up.

The growing popularity of electric vehicles has also amplified repair expenses thanks to the smaller number of specialist repairers – and even more so when it comes to battery issues, despite the otherwise low maintenance costs of EVs.

Notably, the cost of insuring electric cars has seen a more significant increase compared to traditional internal combustion engine vehicles. It’s important to mention that insurers may be more inclined to declare EVs as write-offs, due to the sheer expense associated with replacing a damaged battery or the complexities involved in assessing potential damage and long-term risks to the battery pack.

Accident claims

Lastly, a key factor is simply the number of claims your insurer receives in a year. In a particularly claim-heavy year (both in theft or damage claims), the loss can be partially passed on to all consumers.

Sadly, Australia witnessed an increase in lives lost on the road last year [↗], as figures revealed that the number of road-related deaths increased in New South Wales, South Australia, and Victoria in 2023 compared to the previous year.

If a particular region has a higher number of accidents or fatalities, or vandalism and thefts, insurance companies will consider it a higher-risk area. In such cases, insurance premiums for drivers in that area will typically be higher, because the likelihood of claims is greater. Conversely, areas with fewer incidents may see lower insurance premiums – but that doesn’t mean they’ll escape price hikes.

January 2024: Actually, you know what…

Mike Stevens

In what seemed like ‘news’ breaking a month earlier than it should’ve, March 1 2023 brought word that Ford was trying to patent technology that would allow lenders to take complete remote control of a financed vehicle when payments fall into arrears.

You can scroll down to read that earlier story.

Now it appears to have given up, with the current status of the application – a public document – listed as ‘abandoned’ since October last year.

In truth, it’s not uncommon for companies and inventors to file more patent applications than they intend to deliver on, effectively betting early that they might have cottoned onto a potential goldmine. A patent application simply means a claim has been staked, to continue the analogy.

According to technology publisher The Record, a Ford spokesperson said the company submits patent applications for new inventions and technologies “a normal course of business, but they aren’t necessarily an indication of new business or product plans”.


March 1, 2023: Ford applies for patent on lender-friendly repossession tech for financed cars

Alex Affat

Documents submitted by Ford illustrate a system effectively allowing future autonomous cars to ‘repossess’ themselves in the event of successive missed payments.

The patent, filed to the United States Patent Office in August 2021 but made public in February 2023, is titled ‘Systems and Methods to Repossess a Vehicle’, and states that any future vehicle – in theory – with an over-the-air data (OTA) connection could yield Ford significant control of the ‘functionality of one or more components of the vehicle’.

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As autonomous technology continues to develop (with Ford already having invested billions), the Detroit giant’s patent explores the particular application of vehicle repossession.

The documents state that Ford systems could identify a vehicle due for repossession, and ‘move the vehicle from a first spot to a second spot that is more convenient for a tow truck to tow the vehicle… move the vehicle from the premises of the owner to a location such as, for example, the premises of the repossession agency’.

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The vehicle could even autonomously pilot itself to its own demise at the scrapyard, if the lending institution deems the vehicle value to be less than the cost of ‘executing a repossession procedure’.

The document further speculates on how the systems could work, with several warnings delivered from the vehicle before a formal repossession performed. The next stage would perhaps include the remote disabling of functions at an increasing rate. In extreme cases, ‘the repossession system computer may disable the door lock mechanism… placing the vehicle in a lockout condition and preventing a person from entering’ the cabin.

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Interestingly, the document explores various caveats, including, specifically, emergency situations such as the owner suffering a heart attack.

These are, like many patent submissions, extreme use cases with little representative weight of ever coming to production.

It’s all possible in theory, however, with OTA updates and remote individual vehicle identification already possible in the technology suites of various manufacturers.

Nevertheless, its a dystopian twist on the hyper-connected and autonomous future many believe we are heading towards.

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