10 Dec 2013 @ 13:46
Car making in Australia might be on the wane, but the world’s appetite for cars keeps growing – especially in developing markets – and carmakers are keen to move manufacturing plants closer to high-demand hotspots. With demand for luxury cars slowing in established markets, the premium brands are turning to emerging markets to keep the […]
09 Sep 2013 @ 19:45
Automotive financiers have resumed novated leasing operations this week after Prime Minister Elect, Tony Abbott, reinstated Australia’s FBT concession on new vehicle purchases. FBT concessions were hastily abolished by the ousted Rudd Government on July 16, in the lead-up to the Federal Election, in an attempt to plug an $1.8 billion dollar hole in the […]
18 Apr 2013 @ 22:38
The Australian car manufacturing industry cannot survive. Just one week after Holden reluctantly revealed the true value of taxpayer support it received over the past 12 years (an incredible $2.18 billion) the company declared it would axe a further 500 manufacturing and engineering workers. The Australian taxpayer has tipped an incredible sum into the local […]