CANBERRA – Australian auto makers are forecasting a 50% increase in annual production to 500,000 vehicles by 2010. The prediction follows the federal government’s recent announcement of an auto industry aid program worth A$4.2 billion ($2.4 billion) that will run from 2006-2015. (see related story: Aussie Government Extends Auto Industry Subsidies) In return, the auto makers agree to import tariffs being cut to 10% in 2006 and 5% in 2010. The Productivity Commission will review the ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.