The most powerful, fastest and most expensive BMW ever was handed over to its new owner last week in Johannesburg.
The first new BMW M5 CS was delivered to a customer by BMW Bedfordview, and according to Guy Kilfoil, the Dealer Principal at the BMW & Mini dealership, this vehicle will set you back a whopping R3.4 million.
“To pay homage to the new ultimate saloon, we assembled all six generations of BMW’s iconic M5, each a legend of its time, when the delivery took place.
The M5’s formed a guard of honour for the new M5 CS and included the E34 M5, the E39 M5, the E60 M5, the F10 M5 and the F90 M5 with the E28 and E38 owned by the same person,” he tells Dealerfloor.
Renault Group says it will change the way it accounts for its stake in its alliance partner for 20 years, Nissan, after earlier reports that the French automaker’s share price could take a hit.
It is believed that Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds as the troubled Japanese automaker scrambles to boost cash.
Absa has taken another step towards becoming the bank of the auto industry by signing a formal collaboration agreement with the National Automobile Dealers’ Association (NADA).
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You can't build a reputation on what you are going to do.
Henry Ford
One of the topics that comes up often when I write articles is “waste” within a dealership. Quite often, expenses are cut when times are challenging but often, waste is confused with expenditure.
The story of Gabisile Fakude will surely be an inspiration for many who have an eye on the automotive industry as a career, especially for those who have not traditionally been associated with this world as a career path.
Suzuki Kenilworth in Cape Town claimed top honours for the second year running at the annual Suzuki Dealer Conference and Awards.
