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:
Volvo Car South Africa (VCSA) is strengthening its presence in Pretoria with the opening of CMH Volvo Cars Menlyn, a new flagship dealership consolidating the Hatfield and Silverlake’s locations into one premium, full-service site.
BYD has launched the BYD Dolphin Surf in South Africa, marking a significant milestone in making electric mobility more accessible to everyday drivers across the country.
African manufacturers are mounting an urgent final appeal to the US Congress for a brief extension to a crucial duty-free trading programme set to expire within days, according to a Kenyan factory owner leading the lobbying campaign.
Advertisement
Advertisement
Have you ever noticed that anybody driving slower than you is an idiot, and anyone going faster than you is a maniac?
George Carlin
African manufacturers are mounting an urgent final appeal to the US Congress for a brief extension to a crucial duty-free trading programme set to expire within days, according to a Kenyan factory owner leading the lobbying campaign.
Jaguar Land Rover's month-long cyberattack crisis has forced key European suppliers to halt production, with the ripple effect spreading across the automotive industry's supply chain.
Demand, opportunity and timing – these are some of the key factors driving South African consumers’ vehicle purchasing decisions.
