Why Free Trade deals will make some cars cheaper and not others

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The import tariff on Japanese and South Korean cars will be completely removed from January 15 – bringing potential price cuts to almost half of all cars imported into Australia.

The import tariff on Japanese and South Korean cars will be completely removed from January 15 – bringing potential price cuts to almost half of all cars imported into Australia.

Minister for Trade and Investment Andrew Robb claims there will be savings of up to $7630 on some Toyotas as ‘an example of the real impact that families will see from these agreements … for Toyota’s biggest-selling models”.

Don’t get too excited. Toyota’s biggest-selling model, the Corolla, drops by between $500 and $1050.

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Roger
I am a MBA applicant at the University of Philadelphia Unit School of Industry. I have a very good 5 yrs experience of the automotive companies industry having been an employee as a research analyst throughout many asset programs.