tony weber

The Federal Chamber of Automotive Industries (FCAI) is publicly lobbying state and territory governments to ban the registration of all vehicles fitted with less dangerous but far more widespread ‘Beta’ Takata airbags from 2020.

Sales of new vehicles in Australia fell almost 10 per cent in June compared to the same month in 2018, making it 15 successive months of decline. The June tally of 117,817 vehicles was 9.6 per cent less than the 130,300 sold in June 2018. It’s also the worst June tally since 2012. At the halfway point of the year, sales across the six months sit at 554,466 units, which is 8.4 per cent fewer (equating to 51,056 units) than the same period in 2018.

The Federal Chamber of Automotive Industries (FCAI) has slammed a proposal from the NSW state opposition to raise stamp duty on vehicles over $100k, describing it as a "tax on a tax". The NSW Labor party last week announced plans to make the state's stamp duty rate the nation's highest, to 7.0 per cent on vehicles prices above $100,000.

Industry body, the Federal Chamber of Automotive Industries (FCAI), is calling on drivers to check if their vehicle is fitted with a potentially deadly Takata airbag inflator with a new scare campaign.

New vehicle sales in Australia grew 1.6 per cent in July over the same month in 2016, to a record 92,754 units - enough to keep the market on record year-to-date (YTD) pace. It was the fourth month of record sales for 2017, with July the third month in succession where the feat was achieved. July's market-wide figure was about 30 per cent lower than June's sales, which is common given huge EOFY incentives that always make the year's sixth month its biggest by volume.