Is the auto industry climbing back up the mountain or tripping over an anthill?

Bowan Spanbroek | 9/12/2009 8:43:07 AM

With the release of the October figures from ABS the automotive industry looks as if it’s turning around. October marked the third consecutive month of growth with a 3.7% increase for new car sales. Encouraged by the extension of the small to medium business tax rebate, business’s rather than consumers seem to be fueling this sales resurgence. This is positive news when compared to our British counterparts who sustained a drop of 6.7% in new car production compared to October ...

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