Day: 2 February 2026

SA Auto Sales Break 50,000 Barrier as Market Enters a New Gear

Motoring World International04 mins

South Africa’s new vehicle market has kicked off 2026 with fresh momentum, breaking through the symbolic 50,000-unit mark and signalling that the industry’s recovery has matured into something far more durable. According to naamsa | the Automotive Business Council, total new vehicle sales reached 50,073 units in January, representing a 7.5% increase year-on-year. While this…

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Oil Crashes as Trump Signals Iran De-escalation

Motoring World International03 mins

Global oil markets took a bruising on Monday as crude prices plunged nearly 5%, wiped lower by signs that long-simmering U.S.–Iran tensions may be cooling and with them the geopolitical risk premium that had propped up prices since January. Brent crude slid $3.25, or 4.7%, to $66.07 a barrel, while U.S. West Texas Intermediate (WTI)…

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