
Absa puts data, demographics and purchase decisions under the spotlight at DealerCon
Demand, opportunity and timing – these are some of the key factors driving South African consumers’ vehicle purchasing decisions.
- Industry News
- 18 September 2025
ABSA Vehicle and Asset Finance (AVAF) recently celebrated the Diamond Jubilee of the BB Group during a function held at BB Ford Menlyn.
The BB Group started as a one-man Datsun operation back in 1959 in Pietersburg (Polokwane) and over the years expanded its footprint in South Africa to 55 dealerships, representing 19 different brands. (Read more about the most recent addition, Welkom here: BB Group grows its footprint in Central SA.
Faisal Mkhize, Managing Executive at AVAF, reaffirmed ABSA’s commitment to keep close to the people they are in business with. “Our aim is to be the bank of choice for dealerships. Amid the economic downturn and pandemic-related lockdown, we have worked very hard to improve our approval rate and service delivery as part of driving that vision,” Mkhize said.
Arnold du Plessis, CEO of the BB Motor Group, acknowledged the increase in approval rates’ turnaround time as a contributing factor to having a record month in October. “Despite OEMs that are running low on stock, we had a bumper month, and I am proud of our employees for making up the losses we incurred during the lockdown,” Du Plessis told guests. “It seems that one can have your cake and eat it,” Du Plessis said tongue-in-cheek while cutting the cake.
Fulufhelo Mandane, Regional Head of Dealer Relationships at ABSA Vehicle and Asset Finance, told Dealerfloor
the efforts in delivering exceptional customer service are proving to be vital in the mutual beneficial success of both the bank and the dealer.
Mahindra South Africa held its Dealer Conference 2025 in Dubai with a focus on strengthening dealer partnerships, enhancing the customer experience and shaping the future together.
The traditional art of haggling with car dealers is getting a digital makeover. A subscription-based artificial intelligence service in the USA is now doing the negotiating for thousands of customers, promising to eliminate the stress and time commitment of securing a better price on vehicle purchases.
“I’m excited and ready for the new challenge,” says Brian Looney, the newly appointed Dealer Principal at CFAO Mobility’s brand-new Isuzu dealership at Cape Gate, which is set to be fully operational from October this year.