(Adds Volkswagen comment paragraphs 11-12) JOHANNESBURG, May 31 (Reuters) - Car makers are colluding with South African importers and dealers to fix prices and impede competition in Africa's biggest market, the country's Competition Commission said on Tuesday. Responding to "public outcry" over high vehicle prices in the car-mad country, the commission said an investigation showed most main manufacturers had plotted with local distributors to fix prices of new cars and restrict discounts ...
Premium Content (PAID Subscription Required)
"UPDATE 1-SAfrica accuses car firms, dealers of price fixing" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.