None
EN
SA auto industry against 50% duty ‘hammer’ on imported vehicles
['Roy Cokayne', 'Freelance Journalist']
The Citizen
South Africa’s vehicle manufacturers are not in favour of new-vehicle importers being “hammered” with an increase in import duties to 50%.
“What the industry is looking for is a fine-tuning of all the levers within APDP [Automotive Production and Development Programme] and not just one big hammer, which would be 50%.
Van Binsbergen said South Africa has import duties on completely built up (CBU) units or parts and these duties are part of the solution.
But he stressed that the “50% number wasn’t in the room of the auto industry”.
“They are actually having a very easy time in South Africa without creating any investments and hardly creating any jobs.