ABSA Vehicle and Asset Finance (AVAF) recently celebrated the Diamond Jubilee of the BB Group during a function held at BB Ford Menlyn.
Share with friends
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 Group, together with Faisal Mkhize, Managing Executive at ABSA Vehicle & Asset Finance, cutting the cake to celebrate the more than 60-year legacy of BB Group.
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.
South Africa's automotive sector is set for a significant transformation as Chinese and Indian vehicle manufacturers prepare to shift from basic assembly operations to full-scale local production.
Lightstone Auto has rolled out a cutting-edge integration designed to transform how alternative lenders, rent-to-own providers and niche finance firms engage with dealerships.
Uber announced the next phase of its low-cost mobility journey with the expansion of its Uber Moto product to include Uber Go Electric in South Africa.
UD Trucks held its annual Partner Conference in Japan in November 2025, bringing together global partners to celebrate its 90th anniversary. Separately, UD Trucks Southern Africa held its Annual Dealer Conference in Durban earlier this year.
The spirit of innovation and growth continues to drive the “Go and Change” movement forward as GAC Alberton, hosted by the Raceview Motors team, describes its first year with the GAC brand and also welcomes JMC Motors, which is now part of the Caetano family.