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.

Quandts quash BMW rumour

2007-07-16 15:45
Frankfurt - BMW's largest shareholder, the Quandt family, vehemently denied on Monday market speculation that it was considering a sale of an unspecified amount of shares in the world's largest premium carmaker.

"That's absolute rubbish, I have no idea where in the world that's coming from...it's absolutely groundless," a spokesperson for the family said.

Dealers earlier said shares in BMW had risen by 2.5% on rumours that the Quandts, who hold 46.6% in the company, were talking to investors from China and the Middle East about a potential sale.


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