The Australian government approves an aid package worth A$4.5 billion ($2.5 billion) for auto makers due to the drop in tariffs on imported vehicles from 15% to 10% in 2005. The subsidies will go to Australia’s four major auto makers, Holden Ltd., a unit of General Motors Corp., Ford Motor Co., Toyota Motor Corp. and Mitsubishi Motors Corp., reports Reuters. The tariffs, which are set to fall even further in 2010 to 5%, have been hotly debated by various units within the government. The ...
Premium Content (PAID Subscription Required)
"Australian Government Approves Aid to Auto Makers" 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.