Hidden threat to South Africa’s automotive industry

  • 📰 BoksburgNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

General News Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Breaking Stories

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.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 40. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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?
La source: TheSAnews - 🏆 25. / 59 Lire la suite »

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
La source: SABCNews - 🏆 37. / 51 Lire la suite »