The Australian auto industry tells the federal government it wants radical changes to the proposed A$430 million ($425 million) cash-for-clunkers program promised by Prime Minister Julia Gillard in the heat of the recent election campaign. Gillard promised to pay motorists individual rebates of A$2,000 ($1,975) to scrap older vehicles for new cars, beginning in January. Melbourne’s The Age newspaper reports the industry wants the rebate raised to A$5,000 ($4,938) but strictly targeted ...
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