Government Stubbornness Threatens Sales Recovery

The South African government is sticking by its decision to impose a new carbon emissions tax on vehicle purchases from September 1, despite claims it contradicts its policy of developing the local industry and threatens, in BMI's view, the market's return to growth. While the tax itself has been criticised by the industry, one of the main points of contention is the inclusion of 'bakkies' (light pick-up

To read the full article, please choose one of the following options: