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June 19, 2011

Manufacturers to shield consumers from Carbon tax

GoAuto has reported that the estimated carbon tax on cars of $120 – $150 per car will have to be absorbed by the local manufacturers to remain competitive.

This will greatly reduce the bottom line for the three Australian manufacturers who are already struggling to compete with cheaper imports from the strong Australian dollar.

Already Holden has indicated it will be taking their case to the Federal Government.

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