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Business

31 May, 2025

PHEV sales plunge

THE axing of the fringe benefits tax (FBT) exemption for plug-in hybrid electric vehicles (PHEVs) has resulted in a drop in sales of the model.


Plug-in hybrids such as Mazda's CX-60 have dropped in popularity. Picture: Supplied
Plug-in hybrids such as Mazda's CX-60 have dropped in popularity. Picture: Supplied

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