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 INEOS Group, created by Sir Jim Ratcliffe, will soon build three models at its Hambach manufacturing facility in Germany.
The group this week confirmed that it will add a fully electric 4x4 to its range. The model will not simply be a revised version of the current INEOS, but will sit on its own, slightly smaller, platform. The platform will be derived from the original Grenadier platform.
According to INEOS, the new model will retain the hard-working ethos of the Grenadier and will be built at the same factory as the Grenadier and the soon-to-be-launched Grenadier pick-up.
The company also confirmed that it’s backing hydrogen as the long-term solution for clean energy and that it will soon start testing this technology in the Grenadier.
In South Africa, the INEOS business is run by Tim Abbott, the previous CEO of BMW in the country. Abbott handed over the keys of BMW in 2020, and he now runs INEOS in sub-Saharan Africa.
Abbott recently confirmed to Dealerfloor that it has partnered with the SMH Group to create dealers in Johannesburg and Pretoria and with SMG in Cape Town and Durban. The order book for the five-door Grenadier opened on 18 May this year, and INEOS has confirmed that the first deliveries will take place in October.
The first Grenadier to land in SA will be powered by the choice of a six-cylinder BMW-sourced engine in either petrol or diesel. Pricing is expected to start at R1 395 000.
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.
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You can't buy happiness but you can buy cars and that's kind of the same thing.
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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.