Absa Vehicle and Asset Finance announces Golden Partner 2019 Commercial winners
Absa Vehicle and Asset Finance announced the winners in the 2019 Golden Partner Awards for commercial partnerships.
Share with friends
Absa Vehicle and Asset Finance (AVAF) this week announced the winners of its 2019 Golden Partner programme.
The announcement of the top partnerships in the Commercial category was made by Bongiwe Gangeni, Deputy CEO Absa Retail and Business Bank.
"As much as this is a challenging time, let's celebrate your achievement as it is important to believe that we will emerge stronger in the future," says Bongiwe.
A total of five winners were announced in the Commercial Partner category and three winners received a nod in the Commercial Alliance category.
Watch the announcement of all the winners below.
The Awards were introduced by Faisal Mkhize, Managing Executive of Absa Vehicle and Asset Finance.
Said Faisal: "If we reflect on the Awards that we are doing today, it's based on the 2019 financial year performance. As a business we have shown a very strong performance during that period and in fact we have outperformed the market."
Faisal thanked all the participating dealers for their hard work and tenacity and committed Absa Vehicle and Asset Finance to supporting all dealers in the year ahead as the industry emerges from the lockdown.
South Africa is entering a transformative phase in its automotive sector as experts and industry leaders meet today, Wednesday, 12 November, to begin shaping the country’s first nationally recognised qualification for electric vehicle (EV) servicing and maintenance.
A geopolitical dispute over Nexperia, the Dutch chipmaker owned by China's Wingtech Technology, has exposed critical weaknesses in automotive supply chains worldwide.
The automotive chip industry is set for remarkable expansion, with valuations expected to climb from $77.42 billion this year to $133.05 billion by the decade's end, according to research from MarketsandMarkets.
Frustration with vehicle licensing offices owing to a lack of service delivery is nothing new, but in the Vaal Triangle it boiled over, especially for car dealerships whose business relies on vehicle registrations.
The Chinese automotive company, the Harmony Motor Group, which originally focused on luxury and ultra-luxury car dealerships, has shifted a gear with the overseas distribution of Chinese new-energy vehicles, particularly BYD.
The name tells the story – Basadi Automotive Group. Basadi, the Sesotho word for women, was chosen by a woman who, against all odds but with an unwavering belief in God, decided in 2018 or so to go it alone in the male-dominated automotive industry.