News
Viewing all news and events for July 2008
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…
Senators urged to end the luxury car tax uncertainty
22nd July 2008
The peak body representing Australia’s automotive industry, the Federal Chamber of Automotive Industries (FCAI), has today provided evidence to a Senate committee highlighting the growing incidence of the luxury car tax. “When the threshold was introduced in 1979, only 2.5 per cent of... More…
Motorcycle Sales on Track for Record Year
8th July 2008
National motorcycle sales have set a new record in the first half of 2008 as more Australians turn to two wheels for transport and recreation. Figures released by the Federal Chamber of Automotive Industries (FCAI) reveal that a record 64,186 motorcycles, scooters and all-terrain vehicles (ATVs)... More…
Records tumble as car market reaches new heights
3rd July 2008
The Australian motor vehicle market has set new half year and fiscal year records, despite rising interest rates and fuel prices. Official VFACTS figures released today by the Federal Chamber of Automotive Industries (FCAI) show that 542,695 new cars, trucks and buses were sold in the first six... More…
"Luxury" tax hike impacts vehicle sales
3rd July 2008
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. The increased tax hike was scheduled to take effect from July 1 and official sales figures... More…