news

Motoring Party Senator Ricky Muir, VACC Support Government ATS Decision

Federal Senator Ricky Muir and the Victorian Automobile Chamber of Commerce (VACC) have thrown their support behind the Federal Government’s revised Automotive Transformation Scheme (ATS). Earlier this week, the government announced $500 million


Federal Senator Ricky Muir and the Victorian Automobile Chamber of Commerce (VACC) have thrown their support behind the Federal Government’s revised Automotive Transformation Scheme (ATS).

Earlier this week, the government announced $500 million that was earmarked to be cut from the scheme would again be available to the local industry in the face of an uncertain future leading up to and following 2017.

Ahead of the announcement, fears were mounting that one or more of the remaining three local mainstream carmakers - Ford, Toyota or Holden - would pull the pin early on their proposed exit dates.

Senator Muir from the Australian Motoring Enthusiast Party welcomed the policy turnaround, saying the funds could help component suppliers to remain financially viable once their three biggest customers are gone.

“This is not about hand-outs to the carmakers, it is about honouring a scheme that will ultimately help to transition the component supply chain,” Senator Muir said.

“Many of these businesses are in the process of transitioning, and the threat to pull the scheme would have seen disastrous consequences with critical component manufacturers closing and an earlier-than-anticipated exit of the carmakers highly possible.”

Manufacturing

MORE:Holden Special Vehicles Showroom
MORE:Holden Special Vehicles News
MORE:Holden Special Vehicles Reviews
MORE:Holden Special Vehicles Senator Showroom
MORE:Holden Special Vehicles Senator News
MORE:Holden Special Vehicles Senator Reviews
MORE:Search Used Holden Special Vehicles Senator Cars for Sale
MORE:Search Used Holden Special Vehicles Cars for Sale
MORE:Holden Special Vehicles Showroom
MORE:Holden Special Vehicles News
MORE:Holden Special Vehicles Reviews
MORE:Holden Special Vehicles Senator Showroom
MORE:Holden Special Vehicles Senator News
MORE:Holden Special Vehicles Senator Reviews
MORE:Search Used Holden Special Vehicles Senator Cars for Sale
MORE:Search Used Holden Special Vehicles Cars for Sale
Chat with us!







Chat with Agent