CANBERRA – Australian manufacturers are becoming concerned about the rising value of the Australian dollar on their growing export markets. Exports of vehicles and parts now are worth about A$5 billion ($3.3 billion) annually – up from just A$1.2 billion ($793 million) 10 years ago. But the local dollar has risen 20% against the greenback this year, as well as 18% against the yen and 9% against the euro. The new exchange levels cuts some A$600 million ($397 million) from the industry’s ...

Premium Content (PAID Subscription Required)

"Australian Makers Concerned About Currency" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.