Motus Toyota CapeGate was chosen for the final servicing destination of a very special Hilux-bakkie that had just completed 48 018 kilometres of non-stop driving.
- Dealer News
- 20 January 2021
Thabo Manaka is the new Chief Executive Officer of Toyota Financial Services South Africa (TFSSA).
Thabo is a long-serving member of the TFSSA team and is currently the Director and Senior Vice President of Corporate Administration at TFSSA. He joined the financial services company in 2007 and rose through the ranks to his new position.
Prior to joining TFSSA, Thabo held positions in which he was responsible for compliance, IT, legal and risk management.
Thabo is succeeding Marius Burger who is retiring at the end of the year, after seven years at the helm. He will start in his position on 1 January.
Says Thabo: "The COVID-19 pandemic has an impact on all people, not only locally, but the entire globe. At TFSSA, we recognise the importance of adapting to these changing times. As the world evolves, so will the financial and mobility solutions, and we can assure you that we are ready to put the smiles back on our customers’ faces.”
Andrew Kirby, President and CEO of Toyota South Africa Motors and Chairman of TFSSA, says: “TSA can rely on Thabo and his continued support at TFSSA. He demonstrated his range of management skills, along with experience and curiosity that could not be more relevant to transform TFS into a mobility-savvy organisation in the years ahead.”
“I thank the Board and the Shareholders for the confidence they have in me to lead Toyota Financial Services,” Thabo concluded.
The Volkswagen Group South Africa recently named Rachel Kobo from Uitenhage as the Best Apprentice of 2020.
The German automotive industry has recognised the potential of Africa by strengthening its ties to the continent through a cooperative partnership between the German Association of the Automotive Industry (VDA) and the African Association of Automotive Manufacturers (AAAM).
A total of 38 Barloworld Automotive motor franchise dealerships in South Africa and Botswana are part of the discussions between the JSE-listed group and its equal joint venture partner NMI Durban South Motors about the proposed disposal of these dealerships as a going concern.