News - General News - ManufacturingAustralia still has future in car-making: VACCVACC upbeat in light of federal aid as MtM highlights costs to enter new markets9 May 2017 By IAN PORTER - The $100 million federal assistance package for advanced manufacturing announced this week has prompted the Victorian Automobile Chamber of Commerce (VACC) to predict that Australia could become a hub for low-volume, hi-tech vehicles. - The new funding was also welcomed by a long-established parts-maker MtM Automotive, which has recently won six new contracts in China for its door checks, but chief executive Mark Albert stressed that entering new markets costs as much as developing new products. Click here for full story: Australia still has future in car-making: VACC Read more9th of May 2017 $100m taxpayer boost for manufacturingParts sector to benefit as government tips in more cash ahead of car plant closures1st of February 2017 Victorian parts-maker makes gains in ChinaMelbourne parts-maker MtM Automotive Components wins slew of contracts in China |
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