When's a van a van and when's it a car?

When's a van a van and when's it a car?

Have you heard the one about the chicken and the van?
As a way to get around a 55-year-old 25% tariff on the import of vans or light trucks into the US, carmaker Ford takes a novel approach.
Ford may be an American company, but it makes its smallest van, the Transit Connect, in Spain, exporting tens of thousands of them to the US every year.
To dodge the tariff Ford fits rear seats and windows to the vans going to the US, only to then remove both once they have gone through customs. The makeover from nominal car (just 2.5% import tariff) to van is said to take two-and-a-half hours per... read more

18 October 2018 in Business, Views: 63
Source: BBC

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