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.

Winterkorn stays on until 2016

2011-01-03 09:15
Frankfurt - Volkswagen chief executive Martin Winterkorn will continue at the helm of the German carmaker for an additional five years, after the company extended his contract.

The decision by Volkswagen's supervisory board to extend the 63-year old's contract to 2016 was unanimous, the company said on January 2, 2011.

Winterkorn, whose current contract expired on December 31, 2011, was appointed CEO of Europe's largest carmaker on January 1, 2007.

As well as folding Porsche into VW's array of nine car and truck brands, VW is planning the construction of new plants in China, the United States and India and aims to expand its cooperation with peer Suzuki.

Winterkorn had told Der Spiegel in September, 2010 that he aimed to remain in his position after his current contract expires.

There are new stories on the homepage. Click here to see them.