News

BREAKTHROUGH INVESTMENT FOR THE CAR INDUSTRY

22nd December 2008

The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has hailed GM Holden’s announcement that it will produce an all-new small vehicle in Australia as a positive step forward for the industry. “This is a breakthrough for... More…

DECISIVE ACTION ON AUTOMOTIVE FINANCING

5th December 2008

The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has welcomed measures announced by the Federal Government to address the emerging liquidity problems facing the car industry. "This is a decisive response to extraordinary... More…

CAR SALES FALL FURTHER IN NOVEMBER

4th December 2008

New vehicle sales fell in November, reflecting a further softening of economic conditions as a result of the global financial crisis. Official VFACTS data released today by the Federal Chamber of Automotive Industries (FCAI) shows that 71,617 cars, trucks and light buses were sold in November -... More…