CANBERRA – Although the Australia government has approved an auto industry assistance package worth about A$4.2 billion ($2.4 billion), plus additional incentives for research and development, it disappointed auto makers in deciding import tariffs on cars will be cut to 5% in 2010. Tariffs already are set to fall from 15% to 10% in 2005. The opposition Labor Party and the unions say the tax cut will cost the industry thousands of jobs with no net benefit to the economy (see related story: ...

Premium Content (PAID Subscription Required)

"Aussie Government Extends Auto Industry Subsidies" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.