NarrowBandFtw
Honorary Master
well this particular scam has been running since 1995, in a sense it's performed "well" against larger countriesSounds about right, but that cannot last - surely either tariffs will need to be 500% on imports or the manufactures will just stop upgrading their plants and therefore SA will not have anything to export. There is no future where cars manufactured in SA will be better/cost effective vs larger countries.
This sounds like the whole industry is on life support because the ANC can't survive the closure politically.
China is messing with the equation though, it can produce so much more efficiently than anyone else they don't care about some tariffs ... plus China & India both being BRICS heavyweights means they're not just going to bend over for the ANC
Cherry did buy that Nissan plant though so who knows, they won't have to pay any tariffs here anymore anyway
If GWM does something similar pretty much all Chinese car brands here would enjoy tariff protection rather than pay it