Quote:
Originally Posted by DFB FGXR6
I think GM and Ford knew enough about the local car market in that they knew which buttons to press to siphon money out of the government, both federal and state. So, "the leg out the door" was a well-played strategy, when that strategy no longer worked, they packed up and left.
I always supported government co-investment, it kept people in jobs and allowed us to buy the cars we fell in love with. But the Americans expecting an outside source to fund the development of a product they ultimately made money from is quite the concept. Very shrewd. And when those products made money, that money went back to the USA. When they didn't make money, well that gave them a tax benefit. Again, very shrewd.
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Would have been better incentivising customers to buy Australian made cars, rather than hand over fist to the manufacturers.
Think about things like free rego for the first three years, no GST, LCT et al - incentivise the buyer not the manufacturer.
Worked wonders with Thailand Specials
