18 February 2026 – South Africa – JMC South Africa, under the stewardship of importer and distributor Salvador Caetano South Africa, today formalised a strategic joint venture with WesBank aimed at making vehicle ownership more accessible to South African consumers and businesses.
The partnership, operating under the banner of JMC Financial Services, merges WesBank’s leading asset finance expertise with JMC’s expanding portfolio of commercial and lifestyle vehicles. The collaboration promises a seamless, end-to-end customer experience across JMC’s growing national dealer network.
Robert Gwerengwe, CEO of WesBank, commented on the launch:
“We are delighted to formalise this joint venture with JMC South Africa today. At WesBank, our objective is to be a life partner throughout the entire vehicle ownership journey. By integrating our financial solutions directly into the JMC dealer network, we are simplifying the process for the customer while also providing essential floorplan support to help dealers grow their businesses.
“As the local automotive landscape continues to evolve with high-quality, value-driven entrants, JMC is perfectly positioned to make significant inroads. Through this joint venture, we are streamlining access to mobility, ensuring that South Africans can more easily acquire the tools they need for both work and life.”
From a brand and market expansion perspective, JMC South Africa continues to gain momentum through strategic partnerships that support dealer sustainability and broaden customer access.
Leslie Ramsoomar, Managing Director of Salvador Caetano South Africa, said:
“This partnership marks an important milestone in the growth journey of JMC South Africa. As the official importer and distributor, our focus is on building a strong, sustainable dealer network while ensuring that our customers benefit from accessible, competitive, and innovative mobility solutions. Collaborating with WesBank allows us to strengthen the JMC value proposition by integrating trusted financial services with a product range designed for the realities of the South African market.”
The company confirmed that its national expansion strategy is in full swing, with plans to establish 40 dealerships across South Africa by the end of 2026, covering key metropolitan hubs including Gauteng, Cape Town, and Durban.
Gwerengwe added:
“We have seen firsthand how the right partnerships can unlock real opportunity. Collaborations like this expand choice and simplify the cost of ownership. We look forward to moving every step of the way with JMC and their customers as we reimagine the future of mobility together.”
With a modernised line-up that includes the Vigus bakkie range and Carrying Plus commercial trucks, JMC is solidifying its position in South Africa’s competitive commercial vehicle market. Additional flagship models, including the Grand Avenue, are scheduled for launch later this year as part of a phased product rollout.
