Hidden threat to South Africa’s automotive industry

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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.

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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