Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Caltex surprised at AA’s response to Vortex launch

Release Caltex NZ

Caltex New Zealand Limited says it is “surprised” that the Automobile Association should “pour cold water” on its new Vortex petrol, a product that can help save money for New Zealand motorists.

A spokesperson for the AA is quoted as saying that “while Vortex undoubtedly does the things Caltex said it does” he considered the product more a “means to gain market share than a product much needed by motorists”.

The spokesperson is quoted as saying that “if Caltex wanted to help motorists, lowering prices would be the best thing to do”.

But the company says research shows that cleaning up deposits will definitely help New Zealand Motorists.

Research conducted in New Zealand in 1998 shows that up to 95 per cent of vehicles have measurable levels of deposits and up to 35 per cent of vehicles have moderate to heavy deposits.

Cleaning up these deposits using Vortex would increase fuel economy, restore power and reduce the level of emissions, Caltex says.

“It surprises us that the AA doesn’t support the introduction of a petrol that can provide benefits to New Zealand drivers without any added cost,” said Tracey Brown, manager of Caltex’ brand marketing group.

“The price issue is well documented and it is commonly known that oil companies are at the mercy of the producing countries that control the price of crude oil,” Ms Brown said.

“What Caltex can now do — and it is doing this internationally — is control the price and quality of its additives and this we are doing by providing Vortex at no extra cost to the motorist.”

“Right now we can’t do much about the cost of petrol but with Vortex we can help reduce the cost of motoring,” Ms Brown said.


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Seeking 'Clarity': Crown To Appeal Southern Response Decision, Offers Costs

“It is our intention that the clarity that will come from the outcome of these proceedings will enable the Crown to work with Southern Response to provide a soundly based proactive solution to those people that are affected.” More>>

Thinking Of The Children: Plan For Classification For Commercial Video On Demand

Classifying on-demand video content will be made mandatory to bring it in line with other media and provide better guidance and protections to families and young people, says Internal Affairs Minister Tracey Martin. More>>

Cheques Out: Inland Revenue And ACC Push For Paperless

Inland Revenue and the Accident Compensation Corporation are calling ‘time’ on cheques. From March next year, IR and ACC will no longer accept payments by cheque from customers who are able to use alternative payment options. More>>

ALSO:

"Vision And Growth": Capital Markets 2029 Report

Broader participation by New Zealanders, greater access to growth capital for New Zealand enterprises, and more choices for investors drive the recommendations in the Capital Markets 2029 report released today. More>>

ALSO:

Forest & Bird: Call For More Funding To Stop Plague Of Wallabies

Wallabies could spread over a third of New Zealand within the next 50 years, unless control is increased dramatically, says Forest & Bird central North Island regional manager Rebecca Stirnemann. More>>

ALSO: