About 600 bidders and onlookers stood ten-deep inside Bosasa's Imbizo Hall on Wednesday morning, braving wet and cold conditions to grab a piece of the Bosasa pie.
Luxury carmaker Daimler said it was scrapping "thousands" of jobs to help fund the switch to electric vehicles, in the latest layoffs to hit the stuttering German car industry.
Daimler said it planned to cut jobs to save more than €1-billion by the end of 2022, as the German luxury carmaker grapples with an expensive switch to greener vehicles.
BMW will showcase many new models at the IAA Cars 2019 international motor show in Frankfurt including its Vision M Next.
Mercedes-Benz will show off their second electric-vehicle in their range , the EQV, at the IAA Frankfurt Motor Show in September,
German high-end carmaker BMW reported slumping second quarter profits, with pricey investment in electric cars sapping the bottom line, but it remained confident of hitting targets.
German carmaker Daimler endured a weak start to 2019, echoing trouble at other major manufacturers, as a global economic slowdown weighed on sales, particularly in the big Chinese market.
Automakers Daimler, parent company of Mercedes-Benz, and BMW are formally launching their joint venture in services that make it possible to use their cars without necessarily owning one.
German automaker Daimler AG says net profit fell 21% in the third quarter as the company faced backlogs registering vehicles under new emissions rules.
Superstar rapper Cassper Nyovest has taken aim at South African Airways (SAA) - calling them a “Sh** Airline.”
German automaker Volkswagen is creating a new management structure it says will enable faster decision-making as autonomous and electric cars transform the industry
German high-end carmaker BMW said it was massively increasing orders of battery cells for electric cars for the coming decade, as it plans dozens of new electrified models.
Sean Parker attended the 2019 Frankfurt motor show with the bi-annual event heavily focused on electric cars, here are four new models from the show that stood out.
Former Volkswagen boss Ferdinand Piech, who has died at 82, was the autocratic heir of a storied motoring dynasty who drove VW from the brink of bankruptcy to become a global empire.
Hyundai's latest concept car is an all-electric vehicle called the '45' that will be shown at the IAA Frankfurt Motor Show taking place from September 10-22.
German automaker Volkswagen says its profit slipped in the first quarter as the company set aside €1-billion for legal risks related to its 2015 diesel scandal.
Automaker Volkswagen is saying it plans to ramp up its production of electric vehicles over the next ten years to 22- million and reduce its carbon footprint over vehicle life cycles by 30%.
Volkswagen saw net profit more than double in the third quarter even as sales fell due to delays certifying vehicles for new emissions tests.
German automaker Volkswagen says it is offering more incentives to trade in older diesel models in an effort to improve air quality.
The new chief of German auto giant Volkswagen was set to outline his plans for steering the company out of the cloud of the 'dieselgate' scandal and into a future of electric cars and "sustainable mobility".
German automaker Volkswagen is set to replace its chief executive Matthias Mueller, as it struggles to move on from the "dieselgate" emissions scandal that has mired the company since 2015.
Western CapePersona Staff
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