Make an Enquiry. Climate Control Comfort. Electronic Stability Control Safety. Contact Dealer. Request a Test Drive. Video and Imagery. Follow Fourways on FaceBook. Follow Port Elizabeth on Facebook. Back to Top. Follow Humansdorp on Facebook. The transaction is a two-part deal, with a conversion of debt to equity and the sale of shares by the existing shareholders.
As a result, co-chief executives John Hasberry and David Howell, along with managing director Gavin Pluck, have left the group. Financial details were not disclosed and the deal is expected to complete at the end of April — subject to final regulatory approval.
Suzerain is a private equity vehicle managed by global wealth management business Skybound Capital, which entered into a business relationship with GWM in According to the press release, the initial growth funding facility it provided helped to almost triple the assets under management at GWM. Skybound will take effective management control of GWM and has set up an executive committee to run the group.
Initial efforts to develop the business will concentrate on existing regions; including the Middle East, Europe and the US. It will have a recurring, fee-based model rather than a traditional commission platform, it added. We did intend to tow test these two, but the GWM arrived without a tow bar so it was a short-lived idea. Unladen the Musso feels a little better, but only up to a certain relatively low point.
For starters, why is it so sluggish? On the road, the engine feels lazy and off-the-pace, with tardy acceleration and laggy throttle response. On rougher roads there is excessive and quease-inducing body shake as well as plenty of wind and tyre roar.
The over-complicated gear lever was a particular annoyance in the rough stuff where quick shifts from drive to reverse and back are required. There are positives: the traction control system is reasonable and hill descent control worked well, especially in conjunction with the rear locking diff, but constant clunks and bangs from the rear end in tight cornering are a cause for concern.
Nevertheless, it acquits itself better than the Ssangyong, which struggles off-road primarily due to a lack of ground clearance. It has plenty of showroom appeal thanks to modern exterior and interior styling, plenty of features and a strong warranty. The Ssangyong performs better, on-road at least.
If you need to carry big people or big stuff then the XLV offers heaps of metal for the money, but the standard-wheelbase Musso is perhaps a better bet for most, its lighter weight improving performance, ride and handling.
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