2024 Dealer Conference Highlights - Absa and Cars.co.za
Absa Vehicle and Asset Finance has partnered with Cars.co.za to bring more qualified leads to South African dealers.
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Absa Vehicle and Asset Finance and Cars.co.za recently embarked on a roadshow across South Africa to introduce dealers to a new way of getting high quality, qualified leads.
The two powerhouses in the automotive industry have developed a WhatsApp-driven process that will see interested customers engage with Absa via WhatsApp to test a vehicle's affordability.
On initial approval, the customer is connected with the relevant dealer and given the option to finance their vehicle, with full control and commission remaining with the dealer.
A renewed focus on customer care and the well-being of the employees, is high on the agenda of Jaco du Preez, newly appointed General Manager at Waterberg Toyota in Limpopo.
The Reserve Bank (SARB) has announced a 25-basis-point cut to the repo rate, reducing it to 7%. As a result, the prime lending rate for commercial banks will drop to 10.50%.
The African Association of Automotive Manufacturers (AAAM) is accelerating its efforts to strengthen industrialisation and develop Africa's automotive value chain through the appointment of a new Project Manager.
A renewed focus on customer care and the well-being of the employees, is high on the agenda of Jaco du Preez, newly appointed General Manager at Waterberg Toyota in Limpopo.
Isuzu Motors South Africa recently held its annual Dealer of the Year awards showcasing the good results of its dealer network throughout Southern Africa this past year.