Bank Windhoek rewards automotive financing growth for 2024

The 2024 Bank Windhoek Vehicle
Asset Finance Northern
Selekt Sales Awards ceremony,
recently hosted in Oshakati,
recognised the passion of automotive
salespeople and dealerships in
Northern Namibia.
In 2024, Award recipients embraced
challenges, adapted to
changing market dynamics, and
introduced solutions to redefine
financing and vehicle asset management.
Delivering the keynote
address at the event, Bank Windhoek’s
Regional Manager for the
Far North, Elisse Mire Christof,
said the contributions of salespeople
drive this sector’s success,
making vehicle ownership and fleet
expansion possible for countless individuals
and businesses.
“With your support, Bank Windhoek
has shown stability, indicating
strong and consistent performance.
Bank Windhoek has demonstrated
its dedication to supporting
the motoring industry market in
Northern Namibia,” she said.
Christof announced that in 2024,
Bank Windhoek financed 186 vehicles
in the region, totalling approximately
N$13 million. Additionally,
she said, “The Far North’s Vehicle
Financing books grew by a whopping
111% on its Year-On-Year
growth in value. These numbers
comprise 66% new vehicle sales and
34% used vehicle sales compared to
the previous Financial Year.”
She concluded that the landscape
of vehicle asset financing continues
to evolve and that agility, innovation,
and a commitment to responsible
funding that benefits customers
and communities should
remain a priority.
The top salesperson in the northern
region who was awarded a
Gold award was Indongo Toyota
Ongwediva Sales Executive Nikanor
Shindombo. He said that after
receiving this award in the previous
year, it has become a good habit to
be a top achiever.
“We enjoy the strong relationship
between Indongo Toyota Ongwediva
and Bank Windhoek. Business
is peaking in Northern Namibia
with positive results. We expect
more business within the automotive
market, which looks very
promising,” he said.
The top salesperson in the northern
region who was awarded a
Bronze award was Pupkewitz Volkswagen
North Sales Executive Peter
Naujoma. He said that although
sales in 2024 were challenging to
close, he met his client’s needs.
“With access to various branches
in the North, Bank Windhoek’s
efforts to assist us have been superb
for vehicle financing.”
Naujoma looks forward to a positive
career in vehicle financing in
2025 while seeking to assist his clients
as best as possible.
The following is the complete
list of Vehicle and Asset Financing
awards for 2023- 2024:
Award of Excellence: Overall
dealership of the year (2023-2024)
• Gold Award: Indongo Toyota
Ongwediva
• Silver: Pupkewitz Volkswagen
North
• Silver: Pupkewitz Toyota Oshakati
• Bronze: Pupkewitz Nissan Oshakati
Award of Excellence: Top salesperson
of the year (2023-2024)
• Gold: Nikanor Shindombo: (Indongo
Toyota Ongwediva)
• Silver: Augustus Joseph (Pupkewitz
Nissan Oshakati)
• Bronze: Peter Naujoma: (Pupkewitz
Volswagen North)
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