The Australian auto industry is calling for the removal of two vehicle taxes with the looming end of local manufacturing. Federal Chamber of Automotive Industries CEO Tony Weber says the import tariff and the luxury-car tax should go. Ford is terminating production in 2016, followed in 2017 by GM Holden and Toyota. “Post- (local) manufacturing, there is no rationale to maintain the 5% tariff on imported motor vehicles,” Weber says in a statement. “This will increase ...
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