Cut car industry support, says Fortescue chief FORTESCUE Metals Group chief executive Nev Power has called for the abolition of taxpayer-funded protection of the car industry, warning that Australia will "end up looking like Greece" if the government bows to special interest groups. Mr Power, who has a background in steelmaking, said there was no reason for Australia to subsidise the manufacturing of passenger vehicles as he called on the Abbott government to stand up to the automotive industry and trade unions opposed to slashing funding to the sector.