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Car Sales in Australia Down 18.5% in January

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. Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows that 67,079 passenger cars, SUVs and commercial vehicles were sold in January; down […]

US Car Industry Bail-out Fails

So the bail-out plans for the American car industry didn’t get through Congress? Well in the long-term that’s probably a good thing because it means that we could see a real change in the car industry world-wide. In the short-term it’s probably a good thing too because it really did look as though Congress wanted […]

Luxury Car Tax Set to Fail

It now looks as though the Federal Government’s luxury car tax won’t make it through the Senate unless there are some amendments made to it. The Greens have announced that they won’t be supporting the bill because it unfairly targets vehicles that are among the world’s most fuel efficient. The Greens will support the tax […]

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