News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

SA-manufactured cars more expensive here, Naamsa

The Citizen says that it is not uncommon for some luxury vehicles in South Africa to have almost half of the price paid go to government's tax coffers. Vehicles manufactured locally are perceived as more expensive in South Africa than when those same vehicles are exported and sold in international markets.
SA-manufactured cars more expensive here, Naamsa

The main reasons for these price disparities are market and distribution differences, specification differences between the models sold, inclusion of add-ons such as motor plans, the exchange rate and the taxes levied on local sales of vehicles.

National Association of Automobile Manufacturers of Southern Africa (Naamsa) executive director Nico Vermeulen told CitiBusiness that taxation is such an issue that Naamsa discussed it with government. While Naamsa does not get involved in the pricing specifics of the different vehicle manufacturers, "vehicle affordability and vehicle taxation represents an issue of concern to the automotive industry." Buyers of motor vehicles, he said, are confronted with various taxes. Motorists are taxed not just on the vehicles they buy, but also on fuel, tolls and fringe benefits for company cars. "[These issues] have been discussed with the department of trade and industry and will probably also be discussed with Treasury," Vermeulen said.

Read the full article on www.citizen.co.za.

Latest jobs

Sales RepresentativeCAPE TOWNGRAPHIC LAMINATES PTY LTD1 Oct
Junior - Mid-weight Event/Activation Account/Project ManagerJohannesburga Popular Bunch30 Sep
Sales Order Processing ClerkCape TownOryx Desert Salt25 Sep
Graphic DesignerJohannesburgC&R Brand Solutions22 Sep
Expediting Administrator - Engineering SectorJohannesburgWorldwide Positions16 Sep
PackMark / PackWorx Workshop AssistantCape TownPyrotec9 Sep
Bookkeeper/Accounts ClerkPretoriaWorldwide Positions9 Sep
Internal Sales/Customer ServicesPretoriaWorldwide Positions5 Sep
Sales RepresentativePinetownWorldwide Positions2 Sep
R&D ManagerCape TownEnviron Skin Care (Pty) Ltd21 Aug
More jobs
Let's do Biz