You're right. I misread the article and thought the $4700 was the subsidy. My reason was that back in 2010 era Australia the per car subsidy from the Australian

You're right. I misread the article and thought the $4700 was the subsidy. My reason was that back in 2010 era Australia the per car subsidy from the Australian government was around $2000 to $5000 and I assumed this was at scale. (We don't have a car manufacturing sector any more. After the subsidy ended Ford and GM (holden) stopped manufacturing in the country)