23 September 2021 - 05:03Excessive MIOSA fees threaten the livelihood of smaller companies, says an auto supplier. Picture: GETTY IMAGES
But while many consumers may see Miosa as a benevolent institution that protects them from uncaring, profit-seeking motor dealers, not everyone shares their sentiments, particularly those on the other side of the fence. “My company is a small hybrid engineering business with seven staff that makes both automotive security items and nonautomotive products,” he says.
The lower fee also applies to component manufacturers that sell only to the trade, whereas Grip-Tech also sells to the public and therefore attracts the higher fee.
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