CANBERRA – The Australian government plans to overhaul a A$4.2-billion ($3.2 billion) taxpayer-funded program in order to support domestic auto makers and suppliers in their efforts to export passenger cars and automotive components primarily to the U.S.
Industry Minister Ian Macfarlane tells The Australian national newspaper he has asked his department to reformulate the Automotive Competitiveness and Investment Scheme (ACIS) to increase exports.
The government ...
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