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SA's best-selling cars

Continuing its trend as South Africa’s best-selling passenger car, Volkswagen has sold more than 2300 Polo Vivos in March 2017.

How Porsche will help local youths in SA

Porsche SA has opened its new Training Centre in Cape Town which aims to provide opportunities for 75 youths from disadvantaged backgrounds in the auto industry.

BP buys Woolworths fuel business in Australia for $1.3-billion

2016-12-28 14:36

TAKEOVER : British Petroleum is reportedly buying Woolworths' fuel business in Australia. Image: iStock

London - Oil company BP says it has agreed to buy the fuel business of Australian supermarket chain Woolworths Ltd for $1.3 billion as part of its efforts to rebuild itself.

The deal includes 527 fuel convenience sites and 16 other development sites across Australia. That adds to the 350 BP-owned petrol stations in the country, and some 1000 other BP-branded outlets owned by independent business partners.

Still reeling from Gulf of Mexico disaster

The deal, announced Wednesday (Dec 28), is subject to approval from Australian authorities and is expected to complete over the next year.

BP, based in London, has been trying to rebuild its operations after having to sell assets to pay for the costs of the 2010 Gulf of Mexico disaster.

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SA's best-selling cars: Polo Vivo tops sales in April 2017

The Volkswagen Polo Vivo held onto its position as South Africa's best-selling passenger car despite a huge drop in overall new vehicle sales during April 2017, reports Naamsa.

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