It has been announced that Australia’s automotive industry is also losing out from the global financial crisis. This became apparent when the Federal Chamber of Automotive Industries (FCAI) announced their latest sales figures. It is hoped that the RBA’s recent interest rate cut will help to boost car sales.
In FCAI’s VFACTS bulletin, around 79,000 cars [...]
Australia’s automotive sector suffers from global financial crisis
November 7th, 2008 · No Comments · Manufacturing
Tags:Australian automotive·automotive industry·car manufacturers·FCAI·Holden·Toyota