Funding offer aimed at securing future for local production, such as GM Holden’s new Trax CUV.
The Australian Labor government is promising A$500 million ($451 million) guaranteed by legislation in new funding for the country’s auto industry if its wins re-election Sept. 7. The money is in addition to a separate A$200 million ($183.7 million) assistance package committed to by the government after it abruptly changed the fringe benefits tax rules for cars used for private and business purposes that saw lease companies immediately begin laying off staff amid a flood of ...
Premium Content (PAID Subscription Required)
"Oz Labor Government Sweetens Auto Industry Aid Offer" 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: email@example.com or phone: (248) 799-2642