Consumers will feel impact of war at fuel pumps
The global oil market is under pressure, with geopolitical instability driving prices higher and directly impacting consumers at the pump.
- Industry News
- 4 March 2026
The naamsa Accelerator Awards, powered by WesBank, were a stunning apogee to the highly anticipated SA Auto Week 2024.
Mikel Mabasa, naamsa CEO, described the awards as a pivotal moment for the sector: “The naamsa Accelerator Awards reflect the heartbeat of the automotive industry, celebrating excellence and innovation that drive us forward. As we celebrated our centenary this year, naamsa honoured people, their achievements that set the standard for the future, and for the significant contributions made to the growth and sustainability of the automotive industry in South Africa,” he says.
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Top Imported Vehicle of the Year - Suzuki Swift.
TRANSFORMATION AWARDS:
WesBank TRANSFORMATION PERFORMANCE AWARDS:
The Top Media House of the Year Award was presented to AutoLive. The ceremony also honoured individuals who have significantly contributed to the industry’s narrative. Denis Droppa received the Top Auto Journalist of the Year award, while Brenwin Naidu was named Top Business Journalist of the Year. Kumbirai Mtshakazi was recognised as the Top Emerging Auto Journalist of the Year.
The Ceremony bestowed distinct recognition to policymakers and industry stalwarts. The 2024 Presidential Lifetime Achievement Award went to former Minister Alec Erwin and a special recognition award to MEC MVOKO. Industry stalwarts, Norman Lamprecht and Stuart Rayner, were recognised as Industry value creators.
The global oil market is under pressure, with geopolitical instability driving prices higher and directly impacting consumers at the pump.
Hyundai Automotive South Africa is celebrating a significant milestone, namely 800 000 vehicles sold so far since its debut 25 years ago.
South Africa’s automotive landscape is shifting. While established brands remain strong, buyers are increasingly willing to explore alternatives that deliver better value, stronger features, and more contemporary engineering.