"Luxury" Tax Hike Impacts Vehicle sales
Figures released today by the Federal Chamber of Automotive Industries (FCAI) show the Federal Government's planned increase in the rate of the luxury car tax has had a significant impact on vehicle sales.
Figures released today by the Federal Chamber of Automotive Industries (FCAI) show the Federal Government's planned increase in the rate of the luxury car tax has had a significant impact on vehicle sales.
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The car industry is concerned and deeply frustrated at the planned retrospective implementation of the Luxury Car Tax increase.
"Safety on the road is a necessity, not a luxury"Â said Mr McKellar
Chief Executive, Federal Chamber of Automotive Industries
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The Federal Chamber of Automotive Industries (FCAI) President, John Conomos AO, has announced he will step down from the leadership role when he retires as Chairman Emeritus of Toyota Australia on June 30.
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The peak body representing the car industry, the Federal Chamber of Automotive Industries (FCAI), says Toyota's decision to begin production of a hybrid Camry in Australia from 2010 is a significant and exciting development.
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The Australian automotive industry has assured the Prime Minister it can meet the challenges of producing more environmentally friendly vehicles.
The automotive industry is concerned and disappointed that the Productivity Commission has ignored a number of key factors when conducting economic modelling of Australia's largest manufacturing industry.
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FCAI Chief Executive Andrew McKellar said new motor vehicle sales were relatively strong in May, despite the impact of rising fuel prices and interest rates.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has urged the Federal Government not to proceed with the proposed increase in the rate of the so-called Luxury Car Tax.
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The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has handed its submission to the Review of Australia’s Automotive Industry 2008, headed by Steve Bracks.
The ultra-rare Pagani Zonda Roadster one of the stars of Supercar Central at the 2008 Australian International Motor Show.
The 2008 Australian International Motor Show this October will feature an innovative new attraction called Supercar Central.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has expressed concern that the Federal Government will raise the rate of the Luxury Car Tax in this week’s Budget.
Australian motor vehicle sales achieved an all time April record, with car buyers apparently still undeterred by recent rises in interest rates.
STATEMENT BY JOHN CONOMOS AO President of the Federal Chamber of Automotive Industries
On behalf of all in the Australian automotive industry, I pay tribute to Geoff Polites, who passed away at the weekend.
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Motorcycle sales have set a new record in the first quarter of 2008 as Australians continue to turn to two wheels in greater numbers.
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STATEMENT BY MR JOHN CONOMOS AO President of the Federal Chamber of Automotive Industries
On behalf of all within the Australian automotive industry, I pay tribute to former Labor Senator, the Hon. John Button.
Motor vehicle sales in Australia ended the first quarter 3.3 per cent up on the same period in the all-time record year of 2007. FCAI Chief Executive, Andrew McKellar (pictured) said the market was yet to see any definitive effect on sales fro mthe recent interest rate rises.
Overview
National Average Carbon Emissions (NACE) for all new light vehicles sold in Australia for 2007 was 226.1 g CO2/km. This continues the decline in carbon emissions of new vehicles, placing the industry well on track to achieve its target of an average 222 g CO2/km by 2010.
New research shows the fuel efficiency and carbon emissions of new motor vehicles have improved markedly in recent years.
According to the Federal Chamber of Automotive Industries (FCAI), the National Average Carbon Emissions (NACE) for new light vehicles in Australia has reached a new low.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has welcomed the release of a discussion paper from the Australian Government's Review of the Automotive Industry.
FCAI Chief Executive Mr Andrew McKellar: "The February sales result shows that underlying demand from private buyers and business remains very robust."
Sales in both January and February have set records for those months, building on a record annual total of more than one million new cars in 2007.
The Federal Chamber of Automotive Industries (FCAI) has welcomed a major review of Australia's automotive manufacturing industry by the Federal Government, calling for a renewed policy framework to ensure future local model development. Pictured is FCAI chief executive Andrew McKellar.
FCAI Chief Executive, Andrew McKellar: "It is likely that motocycle sales are also being driven up by rising fuel prices, which have prompted a whole new generation of commuters to learn to ride."
Australian motorcycle sales have grown again, setting a new annual record in 2007.
FCAI Chief Executive, Andrew McKellar: "One milion new motor vehicles sales in a country of 21 million people is an impressive achievement by the Australian automotive industry."
Australians have for the first time bought more than one million motor vehicles in a single calendar year.