News
Car industry welcomes vote against tax hike
4th September 2008
The peak body representing the Australian car industry, the Federal Chamber of Automotive Industries (FCAI), says the Senate’s decision not to allow the increase in the luxury car tax is an economically responsible move. “This was always bad policy and the Senate was right to reject... More…
Slowdown in New Vehicle Sales
3rd September 2008
Official VFACTS figures released today by the Federal Chamber of Automotive Industries (FCAI) show that 77,324 cars, trucks and buses were sold in August - down 10,882 vehicles (12.3%) compared to the same month last year. Year to date new vehicle sales are up 0.7 per cent on the same time last... More…
Tax Hike Hammers Car Market and Government Revenue
3rd September 2008
New figures show the proposed increase in the luxury car tax has had a devastating impact on new vehicle sales. The Federal Chamber of Automotive Industries (FCAI) is deeply concerned about the proposal to impose a tax hike on motorists at a time when there are clear signs of an economic... More…
LUXURY CAR TAX INCREASE WOULD BE ECONOMICALLY IRRESPONSIBLE
28th August 2008
For a printer friendly version of this Press Release, please click here. The peak body representing the automotive industry, the Federal Chamber of Automotive Industries (FCAI), has warned of the damaging consequences to the Australian economy if the Federal Government ignores the evidence put to... More…
REVIEW OUTCOME IS CRITICAL TO CAR INDUSTRY FUTURE
15th August 2008
The peak organisation representing the automotive industry, the Federal Chamber of Automotive Industries (FCAI), has used the release of the Review of Australia's Automotive Industry to highlight the importance of the continued development of a sustainable, innovative and competitive Australian... More…
New Vehicle Sales Soften in July
5th August 2008
Australian new vehicle sales softened in July, reflecting broader economic conditions and the impact of the proposed luxury car tax increase. Official VFACTS figures released today by the Federal Chamber of Automotive Industries (FCAI) show that 83,976 cars, trucks and buses were sold in July -... More…
Car Industry Makes Significant Contribution to Economy
31st July 2008
The Federal Chamber of Automotive Industries (FCAI) has reinforced the critical importance of car manufacturing to the Australian economy as the Federal Government receives the Review of Australia’s Automotive Industry, headed by Steve Bracks. “The automotive industry is... More…
Lifesaving Technology Now Fitted to More Than Half of New Vehicles
24th July 2008
Australians are quickly embracing lifesaving Electronic Stability Control (ESC) systems, with more than half of new vehicles sold in June having the technology fitted. Figures released by the Federal Chamber of Automotive Industries (FCAI) show that the combined proportion of passenger cars and... More…