Australian Free-Trade Deal To Help EU Automakers Fight Against Asian Tide [Yahoo! Finance]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance
Getty Images Europe's automakers will be among the biggest winners in the European Union's new free-trade agreement with Australia, helping them to stand their ground against a rising tide of Asian SUVs and light pickup trucks. The eradication of Australia's existing 5% import duty on vehicles moving from Europe will help both luxury brands like BMW, Audi, Porsche and Mercedes, and the makers of the light-commercial that dominate the Australian auto market. European brands made up less than 10% of the Australia's 1,209,808-strong, new-vehicle market last year, according to the Federal Chamber of Automotive Industry's VFACTS. The move will allow European brands to either lower their prices or bump up their equipment levels, servicing arrangements, warranties or customer support levels. While the deal has been agreed to, it awaits ratification by both the Australian and European parliaments, delaying its implementation until next year at the earliest. The biggest beneficiar
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F
Earnings
- 2/10/26 - Miss
F
Sec Filings
- 3/27/26 - Form DEFA14A
- 3/27/26 - Form ARS
- 3/27/26 - Form DEF
- F's page on the SEC website