Archive for August, 2009
Behind every Legend… Nissan NHPCs geared for imminent launch of GT-R
Already the first shipment of Nissan’s world-beater, the legendary GT-R, has landed in SA. Menacing, brooding, but with the reputation to back it up. Anywhere, any time, and against pretty much anything. And soon, the Nissan GT-R will be released to become one of the most indomitable performance cars on SA roads!
Laying the groundwork
First, however, [...]
Drivers still trading in old bangers for new as scrappage scheme boosts production
The Government’s scrappage scheme has helped to slow the fall in car production.
The Society of Motor Manufacturers said new cars topped 107,635 in July, down 17.9 per cent on last year’s numbers – the smallest month-on-month decline of the year so far.
The scrappage scheme has seen 155,000 out of a possible 300,000 cars bought up.
SMMT [...]
Nedbank to buy rest of Imperial Bank
NEDBANK Group announced on Friday it had entered into an agreement to buy the shares in Imperial Bank that it does not own, Imperial Holdings ’ 49,9% stake, for R1,76bn.
The acquisition will be financed 60% in the form of Nedbank ordinary shares, which are being held as treasury shares, and the balance in cash.
Imperial Bank [...]
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