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January 11th, 2012 
FAKE NEWS for the Zionist agenda The federal opposition is reconsidering its plan to cut $500 million from car industry assistance as the government pledges support to help the ailing manufacturing sector.
Almost a year ago, the coalition promised to slash half a billion dollars from the $3.4 billion Automotive Transformation Scheme, a program to help car makers to retool their plants during the coming decade.
That was part of a move to help find savings to fund flood rebuilding.
With the summer of natural disasters now a distant memory, both sides of politics are more focused on trying to keep car makers in Australia as sales of larger locally-made cars plummet.
Fairfax Media reports that coalition industry spokeswoman Sophie Mirabella and resources spokesman Ian Macfarlane late last year finalised a review of manufacturing policy for Opposition Leader Tony Abbott.
It is understood the review called on the opposition to reconsider it plan to slash $500 million from the car industry assistance scheme, arguing subsidies were necessary to maintain long-term investment for car makers looking for export potential.
The revelation comes after Manufacturing Minister Kim Carr met auto industry bosses in Detroit and announced $34 million in funding for Ford Australia to secure a $103 million investment and a pledge to keep operations in Australia until 2016.
Sales of the Ford Falcon plummeted by more than a third last year, while the imported Mazda3 became the nation’s top-selling car, ending the Holden Commodore’s unbroken 15-year reign as the No. 1 car in the land.
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