Tarriff Cuts: Will Mazda zoom ahead in 2010?

Bowan Spanbroek | 27/11/2009 8:46:14 AM

January 1st could be bringing more than a champagne induced headache for car companies operating under the current Free Trade Agreement. An importation tariff cut of 5% is being introduced in the New Year. This will further flatten the playing field for those companies that import their entire car line outside of the Free Trade area such as Mazda and Porsche. The tariff reduction is from 10% to 5%, giving importers one of two options, pass on the savings to consumers or increase their pro...

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