Hyundai celebrates 800 000 vehicles sold in SA
Hyundai Automotive South Africa is celebrating a significant milestone, namely 800 000 vehicles sold so far since its debut 25 years ago.
- Industry News
- 2 March 2026
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.
Volvo Trucks South Africa recently announced its top achieving dealers for 2025, recognising excellence across 23 categories spanning over its full value offering, including parts, finance, service, uptime solutions, safety, and technical services.
The Human Auto Group in the Free State and Northern Cape once again showed its strength, winning the Group Dealer of the Year for the 6th consecutive time at the recently held Ford Recognition Awards.
Navigating the various ways to pay for a vehicle can be as complex as choosing the car itself. However, understanding all the options available is critical to ensuring long-term financial wellness when finally buying that dream car.