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South Africa's auto sector is not seeking steep import duty hikes, BMW CEO says
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Zawya.com - All Regional News
JOHANNESBURG - South Africa's automotive industry is not calling for steep hikes in vehicle import duties and instead wants targeted auto policy adjustments to support domestic manufacturing, BMW South Africa's CEO said on Wednesday.
Peter van Binsbergen was responding to questions on remarks to parliament by the country's international trade commissioner, flagging the gap between South Africa's 25% duty on imported vehicles and the 50% maximum rate allowed by the World Trade Organization.
The BMW brand also grew retail sales by 12% in 2025, while its Rosslyn plant produced more than 79,000 vehicles last year, the highest volume in the plant's 52-year history.
The model is one of BMW's great hopes in the premium electric vehicle market globally.
In South Africa, the BMW brand has a 22% market share of the battery electric vehicle segment.