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.

Japan to tighten grip on Toyota SA

2008-05-28 08:09
Toyota Corolla

The investment group Wesco Investments is in talks to sell its stake in Toyota SA to the Japanese parent company.

Johannesburg - Investment group Wesco Investments issued a cautionary on Tuesday saying it has entered into discussions in respect of a proposed disposal of its 25% interest in Toyota South Africa Limited to Toyota Motor Corporation of Japan, the successful outcome of which may have a material effect on the price at which Wesco shares trade on the JSE Limited.

It advised Wesco shareholders to exercise caution in dealing in their shares until a further announcement is made in this regard.



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