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ALP Promises $200m Boost For Australian Car Industry: Federal Election

The Australian Labor Party (ALP) has kicked off its federal election campaign by promising a further $200million in assistance for Australia’s struggling car industry. Further to this, the ALP has also outlined plans to ensure that Commonweal


The Australian Labor Party (ALP) has kicked off its federal election campaign by promising a further $200million in assistance for Australia’s struggling car industry.

Further to this, the ALP has also outlined plans to ensure that Commonwealth fleet buyers purchase Australian made cars, wherever possible.

This would provide the Australian car industry with a very welcome shot-in-the-arm - an additional 18,000 sales per year, according to ALP figures.

Territory models would also benefit, but the new policy would be unlikely to reverse Ford’s decision to cease production in Australia in 2016.

Stay tuned to TMR for more proposed policies from the federal political parties, and other news leading up to the 2013 federal election.

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