
Asian brands, EVs dominate 2025 Best Buy Awards
The 2025 Best By Awards, announced by Kelley Blue Book, reflect the rapidly shifting landscape of the automotive market not only in the USA, but also elsewhere.
- Industry News
- 17 April 2025
ABSA Vehicle and Asset Finance recently awarded NTT East London Golden Partner status for being a key supporting dealer that exceeds targets on a regular basis.
According to the Dealer Principal, Gerhard van Zyl, the NTT Group took over the VW franchise in East London at the beginning of 2009. “We were still situated in Oxford Street, but as a business that was steadily growing, we needed a bigger premises, and we were fortunate to move to a much bigger lot in Wyse Avenue in 2013,” Van Zyl told Dealerfloor.
Having a big presence in the Eastern Cape, including Mthatha and King William’s Town, NTT East London has proven its worth under the able leadership of Van Zyl who started his career as DP in 2009 at the same dealership.
“Our business plan has always been about running a lean structure that is extremely productive, reaching stretched targets, and we know we will always have to work harder and smarter to achieve our goals,” Van Zyl said.
“In a strange way, we were sort of prepared for a world brought about by lockdown and COVID-19, as we have always attempted to work seemingly getting ready for a challenge.”
When asked about the importance of the Golden Partner Award, Van Zyl stressed the importance of a mutually beneficial relationship with banks and institutions providing vehicle and asset finance. “We operate in a fairly large area, which can be both a challenge and an opportunity. I prefer to focus on the opportunity and, together with partners such as ABSA, we can be successful in the current trying economic times,” he said.
When answering Dealerfloor’s quick-fire personal questions, Van Zyl was quick to respond that he prefers beer to wine, with steak being his favourite meal. Travelling in his VW Amarok makes him happy and when he is not watching his favourite movie, Con Air, he is in the backyard restoring motorcycles.
In the face of a shifting premium automotive market, Audi South Africa is also currently re-aligning its retail operations according to the new reality where the premium vehicle sector has contracted to nearly a third of its size compared to a decade ago, with 2024 marking the lowest level yet.
The Halfway Group has opened the doors to a brand-new Lexus dealership, located in Lynnwood, Pretoria, with Chris Jones as the Dealer Principal.
Stellantis has announced the expansion of its multi-franchise dealer network with the addition of the Fiat and Jeep brands to the existing CMH East Rand dealership in Boksburg, Gauteng.