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South Africa to Stop Subsidising Imported Vehicle Kits, Pushing Automakers to Build Locally
The review aims to boost local production, with 77% of Toyota’s R10.4 billion investment already completed and new protection possible for pickups.
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7 Articles
7 Articles
South Africa pulls the plug on subsidies for imported vehicle kits as automakers face pressure to build more cars locally
South Africa will phase out policy support for automakers that import nearly complete vehicles for local assembly, as the government seeks to strengthen domestic manufacturing, create jobs and increase the use of locally produced components.
South Africa to Restrict Assembly of Imported Car Kits
South Africa to stop subsidizing imported vehicle kits ...
South Africa to stop subsidising imported vehicle kits, pushing automakers to build locally
The change will not apply to medium and heavy commercial vehicles, Tau said. Authorities will also tighten the legal definition of what qualifies as complete knock-down, or CKD, manufacturing - in which a vehicle is built from the ground up using locally sourced parts.http://dlvr.it/TVxJfr
Coverage Details
Total News Sources7
Leaning Left1Leaning Right0Center2Last Updated67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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