South Africas automotive sector has urged the government to increase the duty on imported new cars and bakkies.
According to Business Day , sources in the industry have called for duties of 25-30 on imports and asked for changes to the Automotive Production and Development Programme APDP so that they can use incentive payments to reduce their own prices.
The sector says it needs urgent action to protect it from imports, which now account for 64 of new-vehicle sales in the country. According to analysts, Chinese imports represent the largest increase as its government provides subsidies that allow vehicles to be produced for 20-30 cheaper than anywhere else in the world.