News

INDUSTRY DISAPPOINTED BY ABOLITION OF GREEN CAR INNOVATION FUND

31st January 2011

The peak automotive body the Federal Chamber of Automotive Industries has indicated its disappointment at the Government’s decision to abolish the GCIF, announced today. “It is a bitterly disappointing decision and one which is to be regretted”, FCAI Chief Executive, Andrew... More…

MOTORCYCLE SALES ON THE REBOUND

12th January 2011

Official figures released by the Federal Chamber of Automotive Industries (FCAI) show that 105,766 motorcycles, scooters and all-terrain vehicles were sold last year - a decrease of 8.9 per cent (10,354 units) over 2009. "The market showed early signs of a recovery in the last quarter of 2010... More…

NEW VEHICLE SALES TOP THE MAGIC MILLION

6th January 2011

The new vehicle market continued to outperform other economic indicators during 2010 to post its second highest annual sales figure and record more than one million units for only the third time in history. Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows... More…