Top new models for SA

From Renault's new Alaskan bakkie to the latest models at the Frankfurt motor show bound for SA.

Electric cars in SA

The debate on whether or not Electric Vehicles (EV) are viable in South Africa rages on.

Japan to take over Toyota SA

2008-08-05 14:13

Toyota was to gain full ownership of its South African subsidiary by late August, the Japanese company said on Tuesday.

Toyota reached an agreement with its joint venture partner Wesco Investments to acquire the remaining 25% share in Toyota South Africa, worth about $276.3m.

By making the South African unit a wholly owned subsidiary, Toyota plans to boost local production, sales and exports, Japan's top carmaker said.

Toyota South Africa sold 153 000 units last year.


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