Absa Vehicle and Asset Finance (AVAF) hosted its Top Ten Buyers Awards in Isando recently.
The awards, which are an annual institution, celebrated the top 10 supporters of AVAF’s trade centres. The criteria for the awards were most rand value spent by a dealer in 2022.
In 2022, the trade centres generated R1.5 billion of which the top 10 buyers contributed a staggering 26 per cent, translating into 10 000 units sold.
Charl Potgieter, Managing Executive at AVAF, lauded the winners, saying it was a phenomenal feat in light of a challenged economy that was dealing with everything from interest rate increases and distressed customers to high inflation.
According to Charl, he never lost faith in the auto industry’s resilience saying: “The market might be tough, but the dealers are tougher.”
Johan de Necker, Senior Manager of the AVAF Trade Centres, also lauded the mammoth effort of the top 10, with a special nod to those who bought nationally from the different trade centres.
The Top 10 buyers include:
Salvador Caetano South Africa, the official importers and distributors of GAC Motor, unveiled the GAC M8 Master earlier this year with its striking showcase of GAC’s design prowess and electric innovation.
The 29th George Old Car Show, the biggest show for old and veteran cars in the country, will take place on Saturday, 14 February 2026 at the Eden Technical High School in George.
In an official media statement, the implementation of the Administrative Adjudication of Road Traffic Offences (AARTO) was postponed to 1 July 2026.
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I have bad reflexes. I was once run over by a car being pushed by two guys
Woody Allen
The 29th George Old Car Show, the biggest show for old and veteran cars in the country, will take place on Saturday, 14 February 2026 at the Eden Technical High School in George.
In an official media statement, the implementation of the Administrative Adjudication of Road Traffic Offences (AARTO) was postponed to 1 July 2026.
Richards Bay’s aluminium sector is set for a major boost as South32’s Hillside Aluminium partners with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (dtic) to channel approximately R200 million in concessional funding into Bingelela Alloys.
