And the winner is… BMW’s locally built X3
The BMW X3 was crowned as the 2025 South African Car of the Year.
- Industry News
- 6 May 2025
One cannot attend an SA auto industry event without captains of industry, thought leaders and other stakeholders bemoaning the lack of political will to create a fertile policy framework for the introduction of new energy vehicles (NEV) and its related infrastructure.
Despite the sometimes negative criticisms and opinion of South Africa’s relations to the Red Dragon, one can only hope that some of China’s ways in this regard (that is, NEVs) will rub off on the powers that be.
This week, Reuters reported that China unveiled a 520-billion-yuan ($72.3 billion) package to boost sales of electric vehicles (EVs) and other green cars over the next four years to prop up a softening auto demand, sending shares of automakers sharply higher.
The package, widely expected after an earlier government pledge to promote the industry, comes as softening sales in the world's biggest auto market have raised concerns over economic growth, which is losing momentum after a brisk start to the year.
New energy vehicles (NEVs) purchased in 2024 and 2025 will be exempt from purchase tax amounting to as much as 30,000 yuan per vehicle, with the exemption halving for purchases made in 2026 and 2027, the Ministry of Finance said in a statement.
The total tax breaks will amount to 520-billion-yuan, Vice Minister of Finance Xu Hongcai said at a press conference.
The move is an extension of the current policy under which NEVs – which include all-battery electric vehicles (EVs), plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles – are exempt from purchase tax until the end of 2023.
The announcement follows a cabinet meeting during which authorities said they would extend and optimise the tax exemption and study policies to promote NEV development.
The incentives put NEVs, a mainstay of big-ticket spending, on the front burner of a broad-based push to rekindle growth in the world's second-largest economy.
The government heavily promoted NEVs in recent years through incentives that supported the rise of local players such as Li Auto, NIO and BYD.
NEV sales rose 10.5% in May from a month earlier, according to data from the China Passenger Car Association. Sales jumped 60.9% from a year earlier when COVID-19 curbs still roiled auto production and sales.
Wednesday's announcement is the fourth extension. The tax break was announced in 2014 and extended in 2017, 2020 and 2022.
The BMW X3 was crowned as the 2025 South African Car of the Year.
Whilst the used vehicle trade is very much an area where true talent and creativity lies in the motor retail space, there are numbers that are important and interrelated in a traditional franchised used vehicle department.
Isuzu introduced the latest evolution of the MU-X locally with the latest model line-up raising the bar with improved styling, upgraded technology and safety, and refined driving dynamics. The range is also being bolstered with the addition of a new flagship model, the 3.0-litre 4x4 ONYX XT.
Advertisement
Advertisement
You can't buy happiness but you can buy cars and that's kind of the same thing.
Unknown
The latest Shanghai International Automobile Industry Exhibition clearly showed the worldwide shift towards new-energy drivetrains like battery electric vehicles (BEV) and plug-in hybrids (PHEVs).
Mazda has unveiled its EZ-60, an electric crossover SUV, the result of a joint venture between Mazda and Changan Automobile. It is the second electric vehicle (NEV) manufactured by Changan Mazda.
The Shanghai International Automobile Industry Exhibition currently underway in China is pretty much an electric affair with numerous new electric and hybrid vehicles with improved technology on show.