CANBERRA – Australian Industry Minister Ian Macfarlane announces the formation of the Auto Industry Strategic Group and will lead a delegation of vehicle and car components makers on an urgent trade mission to Detroit and Tokyo. The action comes as the government reacts to the loss of contracts by local parts makers following Australia’s near elimination of tariffs and the growing activities of the Chinese parts industry. (See related story: Study Says FTAs to Shift Balance of Trade in ...

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