Wall Street Journal

Car Industry NewsTesla Motors CEO Elon Musk has described his company’s much-celebrated Model S electric sedan as additional of a sophisticated laptop or computer on wheels” than a car. Then the persons of Australia will know for certain the Automobile Industry will be secure, or to be gone, ahead of the election. Even though on the plus side for Geely they have had lots of expertise in the motor market already. My ideal guess is that the final rear drive Toyota created in Australia would have been a Corona in the eighties.

Although I have noticed other Chinese manufactured goods imported to Australia and fail due to negative ‘factory’ support I am of the opinion that the consequences of failure are too high for the Chinese Government to allow failure to be an alternative.

Even now, at its current level of the low $US90c variety, the exchange rate is hurting the local …

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