After hearing over 80 stakeholders’ viewpoints regarding what might be viewed as anti-competitive behaviour in the automotive industry, the Competition Commission has decided to take a draft motor code one step further by seeking to implement it in law.
What this means is that there are now officially 16.3 million employed people and 6.2 million unemployed people between the ages of 15 and 64 years in South Africa.
“As a business leader, you have a social contract to try and transform the country grow jobs, try and grow the SME arena. I think that is indicative of things happening in the country.”
The Competition Commission’s proposed new code of conduct for the South African automotive industry is set to usher in groundbreaking changes for car owners, automotive aftermarket businesses
In September 2017, the Competition Commission of South Africa published an historic first draft of a new Code of Conduct for the South African Automotive Industry.
This is very different to the rest of the world. In countries such as the US, car owners can buy a motor or service plan separately from their car, giving them greater choice.