RZ electrical vehicle from Lexus makes local debut
Lexus South Africa new RZ, the brand’s first globally available, purpose-built battery electric vehicle (BEV), has arrived on local shores.
- Product News
- 5 March 2026
In a time of accelerating transformation for the automotive sphere, from new brands entering the market to a range of anticipated policy shifts, Absa is proud to partner with the key industry voices as a lead sponsor of Dealercon 2025.
Dealercon is a premier gathering of motor dealer leaders, OEMs, fintech disruptors and industry thought leaders, providing a platform to shape the next chapter of South Africa’s mobility story. The event is planned for 17 September 2025 at the Sandton Convention Centre.
The theme for 2025, Shift Happens, is a rallying cry. It captures both the urgency of the moment and the bold decisions that will define the industry’s relevance and growth moving forward.
As a trusted financial partner to the automotive sector, Absa is committed to enabling opportunities for collaboration across key stakeholders. We’re excited to be part of the conversations that matter and the solutions that will shape the road ahead.

“Our track record of collaboration across the industry is strong, with being a primary partner to our clients forming a key part of our business strategy. Our flagship Golden Partner Awards has run for over three decades and is testament to our commitment to honouring excellence among motor dealers,” says Charl Potgieter, Managing Executive at Absa Vehicle and Asset Finance.
“We have also played a role in connecting our automotive partners with new markets, leveraging our presence in 16 countries in Africa and abroad to drive value for our customers and associates. That is why we are proud to extend our support once again to the industry helping to bring Dealercon 2025 to life,” he stated.
Hosted by Cars.co.za, the Dealercon experience promises insightful dialogue on digital transformation of the industry, fresh intelligence with the launch of the Cars.co.za Industry report powered by TransUnion and provocative ideas from industry thought leaders, including naamsa CEO Mikel Mabasa and CEO of Business Leadership South Africa Busi Mavuso.
The global automotive sector enters 2026 amid profound and rapid transformation, defined by technological acceleration, shifting policies and evolving consumer priorities., according to a white paper published by Messe Frankfurt in partnership with Frost & Sullivan.
Continental has achieved a major milestone in its global sustainability strategy by fully eliminating coal and heavy fuel oil from all its tyre production sites.
The global oil market is under pressure, with geopolitical instability driving prices higher and directly impacting consumers at the pump.