Original article by Joshua Dowling
The Advertiser – Page: 4 : 7-Oct-16

New figures highlight the cost to taxpayers of the Federal Government’s efforts to prop up Australia’s ailing car industry. Ford Australia received $A42m in funding via the Green Car Innovation Fund, which means taxpayers effectively subsidised each four-cylinder Falcon to the tune of $A7,000. Likewise, GM Holden received $A179m in funding, which equates to a $A1,418 taxpayer subsidy for every Cruze small car. Ford will end 91 years of local production on 7 October 2016, while Holden and Toyota will cease production by the end of 2017.

CORPORATES
FORD MOTOR COMPANY AUSTRALIA LIMITEDGM HOLDEN LIMITEDTOYOTA MOTOR CORPORATION AUSTRALIA LIMITEDAUSTRALIA. GREEN CAR INNOVATION FUNDGENERAL MOTORS CORPORATIONPONTIAC