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Posts with tag australia-production

Australian Labor Party commits to $500 million in hybrid funding

Posted Nov 22nd 2007 at 10:11AM by Sam Abuelsamid

Filed under: Hybrid, Legislation and Policy, Pacific Region


With a federal election campaign winding up this week in Australia, the leader of the opposition Labor Party repeated his earlier commitment to providing incentives for local development and production of hybrid vehicles. Kevin Rudd has promised to provide up to A$500 million to Australian automakers starting in 2011 if they match it on a three for one basis. Current Prime Minister John Howard is opposed to the plan on the grounds that the government has already provided enough financial support to Ford, Mitsubishi, Holden and Toyota. The car-makers are not publicly commenting on the campaign .

[Source: Wards Auto World]

Source

Tags: australia-production, hybrid-incentives

Toyota Australia could add Camry Hybrid production if government helps

Posted Oct 29th 2007 at 9:40AM by Sam Abuelsamid

Filed under: Hybrid, Manufacturing/Plants, Toyota



During the Tokyo Motor Show last week, Toyota executives revealed that they would like to add local production of the Camry Hybrid to their Australian plant in Melbourne. They want to add a hybrid to their Australian lineup to address demands for improved fuel efficiency in that market. However as anyone who has watched the bidding battles for new plants in the US knows, Toyota wants financial assistance from the local governments to pay for the investment. Part of Toyota's reasoning for wanting incentives is to counter the currently strong Australian dollar and future tariff reductions, which would reduce the incentive to build locally. If they can work out a deal, they hope to have Camry hybrid production rolling by 2010.

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[Source: Drive.com.au]

Source

Tags: australia-production, camry-hybrid, toyota-camry-hybrid

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