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New Sasol GTC cars set for thrills

The iconic Grand Prix Circuit will present a new challenge to the GTC drivers as they tackle the country’s fastest racetrack on June 16.

Suzuki’s new Swift hatch and sedan in SA

Suzuki kicks off its new model assault with an all new Swift hatchback and standalone sedan called the Dzire.

BMW exploring state aid?

2009-01-20 11:03

Eva Kuehnen

Frankfurt - Germany's BMW, the world's largest premium car maker, is looking into applying for state guarantees to back up its borrowings, the Bild Zeitung newspaper reported on Tuesday.

BMW was not immediately available for comment on the report.

The car maker would become the second manufacturer in Germany to seek state aid after Volkswagen sought guarantees for its financial divisions to cover refinancing of car loans in December.

Germany's carmakers are suffering from collapsing global demand.

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