The CAR Conference, which takes place on October 27 alongside the Auto Africa show, will include a debate about a vehicle affordability investigation whose results should be released just before the conference.
The CAR Conference, which takes place on October 27 alongside the Auto Africa show, will include a debate about a vehicle affordability investigation whose results should be released just before the conference.
Roger Pitot, the motor industry analyst who led the inquiry, said the investigation’s results had been submitted to the Motor Industry Development Council, an alliance between government, industry and labour organisations, at the end of July.
Pitot said the council had asked for a couple of revisions. The report will be handed to the trade and industry department once the revisions have been addressed.
Though Pitot was unable to comment on the findings of the report, private vehicle leasing and tariff cuts on imported cars and components are expected to be among the possible recommendations surrounding vehicle affordability in SA. Vehicle price reductions by manufacturers and importers are not likely to be among the finding’s suggestions.
More than 20 new vehicle launches are expected at Auto Africa which, since the last show in 2002, has increased in size by more than 30 per cent.
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The upcoming CAR Conference – themed “affordability, mobility and growth” and held in association with Nedbank Vehicle Finance – takes place during Auto Africa at the Expo Centre (NASREC) in Johannesburg on October 27. For more about the conference’s programme, speakers and booking details, click here.
