Connect with us

Business

‘Like Cuba’: Australia may soon be awash with cheap luxury cars, but it will be costly – Sydney Morning Herald

Australian taxpayers could have to pay for another “cash for clunkers” scheme to get all the cheap, polluting luxury cars off the roads after carmakers dump them…

Published

on

Article feature image
ADVERTISEMENT

It has led several G7 economies, including Britain, Canada and Japan, and leading car makers to promise no new sales of petrol or diesel cars as soon as 2030.
Mr Richardson warned without further incentives from governments to increase the uptake of electric cars, such as scrapping taxes or offering free travel on toll roads, the situation would leave the nation a massive graveyard of petrol vehicles, with little access to spare parts and next to no resale value for consumers in the second-hand…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending