BAIC SA Partners With Absa - Offering Competitive Vehicle Financing
In a bid to offer premium automobiles at a reasonable cost, BAIC SA announced its latest partnership with Absa. The joint venture between the two entities aims to introduce opulent vehicles to the market that would be accessible to a wider audience. With a state-of-the-art manufacturing and assembly plant located in the Coega Industrial Development Zone near Gqeberha, BAIC is well-positioned to make a significant impact in the country’s auto industry. Moreover, the automaker’s Beijing X55 model has been named a finalist in the highly coveted 2023 SA Car of the Year contest, which is a testament to the quality and innovation of the vehicle manufactured by BAIC . Undoubtedly, this news will be music to the ears of the 29 BAIC dealers operating across South Africa , as it is expected to boost their sales significantly. Meanwhile, for Absa, this alliance represents an exciting opportunity to increase its share of financed vehicles sold in South Africa, as the demand for affordable luxury...