The Australian auto industry renews its campaign against a proposed A$900 million ($837.8 million) funding cut to the Automotive Transformation Scheme, saying the 70% reduction threatens the jobs of more than 100,000 workers. The Federal Chamber of Automotive Industries and the Federation of Parts Manufacturers reaffirm their support for the program in a joint statement. The new right-leaning Liberal-National coalition government used its first budget to announce a A$500 million ($465 ...

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