Australian Hybrid Car Market
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Title: Australian Hybrid Car Market

Essay Details:

Subject: Business
Date: June 4, 2015
Level: University
Grade: B
Length: 2 / 345

Essay text:

This is partially funded by Rudds $35m plan, which will bring employment to Victoria in the form of a manufacturing factory, as well as spark growth in the hybrid car industry in Australia. This plan and Toyota’s commitment will mean at a minimum the hybrid vehicle market is set to grow by 200% by 2010, from 0.5% to 1.5%, more if other car companies follow suit and up their production levels. That [Production levels] could also rise rapidly if the car proves a hit with Australians, who may be tempted to trade in popular sedans for the economical and environmentally friendly hybrid. Impediments to the Market Hybrid Camrys produced in Japan and the US cost about 14 per cent more than a standard four-cylinder Camry...

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