Business Takes Advantage of Tax Break on New Vehicles
There is positive news in the latest vehicle sales figures with increased business purchases providing a much-needed confidence boost to the market.
There is positive news in the latest vehicle sales figures with increased business purchases providing a much-needed confidence boost to the market.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has this week hosted the International Motorcycle Manufacturers’ Association (IMMA) General Assembly in Melbourne.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has welcomed the passage of legislation that will provide a tax break for new investment, including the purchase of business vehicles.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), says the Federal Government’s Budget decision to increase and extend the investment tax break for small business provides a valuable incentive for new vehicle sales.
The peak body representing manufacturers and importers of new vehicles, the Federal Chamber of Automotive Industries (FCAI), has taken steps to prepare for the introduction of plug-in electric and electric-hybrid vehicles into the Australian market.
Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows that 63,965 passenger cars, SUVs and commercial vehicles were sold in April 2009 – down 23.9 per cent (20,096 vehicles) compared to the same month in 2008.
Figures released by the Federal Chamber of Automotive Industries (FCAI) show 26,241 motorcycles, scooters and all-terrain vehicles (ATVs) were sold to the end of March – a 15.5 per cent decline compared to the same period in 2008.
Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows that 75,650 passenger cars, SUVs and commercial vehicles were sold in March 2009 – down 17.1 per cent (15,635 vehicles) compared to the same month in 2008.
Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows that 70,241 passenger cars, SUVs and commercial vehicles were sold in February 2009 - down 21.9 per cent (19,657 vehicles) compared to the same month in 2008.
The continuing impact of the global financial crisis forced a downturn in new vehicle sales during January but the industry hopes new fiscal measures will help stabilise the market.
The Federal Chamber of Automotive Industries (FCAI), organiser of the Sydney motor show and organisers of the Melbourne motor show, the Victorian Automobile Chamber of Commerce (VACC), and its new car division, AADA (Vic), are pleased to announce the formation of a Motor Show Joint Venture.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI) has thrown its support behind a Victorian initiative to promote motorcycle safety.
Motorcycle sales set a new record in 2008 with increasing numbers of Australians turning to two-wheeled transport.
For the second year in a row and only the second time ever, Australians bought more than one-million new vehicles during a calendar year.
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.
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.
New vehicle sales fell in November, reflecting a further softening of economic conditions as a result of the global financial crisis.
Denso Australia Group has won the Federal Chamber of Automotive Industries (FCAI) Supplier of the Year Award for 2008.
Two wheel enthusiasts flocked to the 2008 Sydney Motorcycle Show in their thousands, enjoying the most extensive range of manufacturers and exhibitors on record, as well as a star-studded entertainment line-up.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), has welcomed Ford Australia's decision to continue producing engines at their Geelong plant.
The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), says the Government's response to the Bracks Review will help underpin future investment and innovation in the automotive industry.
A drop in new vehicles sales during October reflects the broader slowdown in the Australian and world economies as well as reduced access to wholesale and consumer finance.
FCAI Chief Executive, Mr Andew McKellar
Record numbers of Australians are turning to two-wheeled transport for everyday commuting and recreation.
New figures show that vehicle sales remained softer in September, reflecting the broader slow down in the Australian economy.
Official VFACTS data released today by the Federal Chamber of Automotive Industries (FCAI) show that 80,938 cars, trucks and buses were sold in September – down 3.