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Volkswagen will introduce the updated Golf GTI to the South African market in the last quarter of 2025. Well over 2.3 million GTIs have been sold worldwide.
- Product News
- 2 September 2025
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:
The National Automobile Dealers Association (NADA) notes that August continued the positive trend for new-vehicle sales in South Africa, reflecting strong consumer demand and activity across the market.
Although the tariff clouds are gathering over the South African economy with serious implications for the local automotive export industry, local sales of new vehicles are soldiering on at a decent pace.
Automechanika Johannesburg successfully hosted its final CEO Breakfast for 2025 at the Kyalami Grand Prix Circuit, bringing together senior automotive industry leaders for strategic discussions as the co-located Festival of Motoring roared into life.