Tag: Diesel

ICMS Hike Increases Gasoline and Diesel Prices in Brazil
News

ICMS Hike Increases Gasoline and Diesel Prices in Brazil

The new year starts off with a financial burden for Brazilian drivers as the ICMS (Imposto Sobre Circulação de Mercadorias e Serviços) on gasoline, diesel, and GLP has increased since January 1st. This tax hike was approved by Comfaz last September.Key TakeawaysThe ICMS rate for gasoline will rise to R$ 1,57 per liter from R$ 1,47.Diesel prices increased by R$ 0.05 per liter, now costing R$ 1,17 per liter.These changes reflect the average monthly fuel costs from February to August of last year compared to the same period in 2024.The latest adjustment in ICMS rates is a direct reflection of rising global oil prices and increased domestic demand. This tax increase comes at a time when many Brazilian drivers are already feeling squeezed by high fuel costs, making this change particularly unwe...
Ford F-1000: A Diesel Pioneer in Brazilian Cities
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Ford F-1000: A Diesel Pioneer in Brazilian Cities

The Ford F-1000 was a when it rolled into Brazilian cities back in the late '70s. With its diesel engine and robust features, this truck paved the way for modern pickup trucks.Key TakeawaysThe F-1000 was a pioneer with a 4-cylinder diesel motor in 1979.It offered better fuel economy compared to the V8 engines, saving drivers up to 40% on gas.This truck helped popularize pickups in urban areas during the '80s and early '90s.The F-1000 wasn't just another car; it was a revolution. Introduced with an innovative MWM diesel engine, this pickup could haul 1,000 kg while offering better mileage than its gas-powered counterparts. It's hard to believe how different things were before the F-1000 came along.But what really made the F-1000 stand out was how it changed people’s minds about trucks in c...
Western Europe Diesel Car Share Rebounds in October – GlobalData Report
Industry & Business, News

Western Europe Diesel Car Share Rebounds in October – GlobalData Report

According to data from GlobalData, the diesel car share of Western European car sales rebounded slightly in October, reaching a provisional figure of 10.7%. This marks a recovery from September’s low point but remains comparable to levels seen earlier this year in March and June. The year-on-year decline of diesel cars slowed down since Q2 of the current year, registering at 2.5% for October. Despite this trend, actual sales figures saw a decrease; around 100,000 diesel vehicles were sold in October compared to approximately 122,000 units during the same period last year (a reduction of 22k cars). Cumulative sales up until October amounted to 1.1 million units, a decline from January-October 2024 figures which stood at 1.37 million. This represents an overall year-on-year drop of 20%. Only...