Hidden threat to South Africa’s automotive industry

Grey vehicle imports pose a serious threat to South Africa’s automotive industry, economy and public safety.

These vehicle imports, used cars brought into South Africa through unauthorised channels, are a growing concern. While they may seem like a bargain, the risks far outweigh the perceived savings. Lost revenue: Grey imports cost the government billions in lost tax revenue, hindering essential public services.

Unfair competition: Grey imports create unfair competition for authorised dealerships, undermining their ability to operate sustainably. Substandard quality: Grey vehicles often lack essential safety features like airbags and anti-lock braking systems, increasing the risk of accidents.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

The hidden cost of South Africa’s restaurant industrySouth Africa's restaurant industry is facing a crisis of exploitation - underpaid staff, long hours and broken labour laws. What's next?
Herkunft: TheSAnews - 🏆 25. / 59 Weiterlesen »

South African defence industry open for business - SABC News - Breaking news, special reports, world,South Africa’s state-owned defence company, Denel, say it is open for business. The company used Africa Aerospace and Defence (AAD) 2024 to clearly
Herkunft: SABCNews - 🏆 37. / 51 Weiterlesen »