Holden May Close By 2016

10/01/2012
Post to Facebook Post to Twitter Post to MySpace post to StumbleUpon post to Google Buzz Share with Friend

Premier Jay Weatherill has confirmed General Motors is considering closing its plant in Adelaide.

Mr Weatherill says his government will do everything it can to prevent that from happening after holding talks with GM bosses in Detroit on his 11 day tour of the US.

He says without assistance from the state and federal goverments, the Elizabeth plant could shut down from 2016.
 

“It is likely that the future for car making in Australia will involve a smaller but more secure industry that will be the foundation of our growth in advanced manufacturing. This will be achieved through the agreement we are currently negotiating with General Motors. “This agreement will involve co-investment by State and Federal governments, a much closer working relationship with General Motors and Holden and component suppliers in Australia.”

Photo:Getty/Getty Images News/Ian Waldie/Staff
 

Holden May Close By 2016 Features

$200 Million To Save Holden

$200 Million To Save Holden

It's claimed Holden will need about $200 million to keep its Elizabeth plant open.

Posted 11/01/2012
 

Holden May Close By 2016 Audio

Will the Holden Plant stay in Adelaide?

­

Comments

Rabbi

Holden has been gone for 10+ yrs. It,s only the Aussie Taxpayer that has kept it going. Take away the Funding & Holden has never made a true profit since day one. Mr Wetherall is just playing the political game to con the public into thinking he has any influence at all. Waste of time & more Taxpayer Dollars sending light weights to deal with some of the most powerfull Business people in the world.
The Unions can take a lot of the blame also for making the decision easier for GM. No global company wants to throw money at an overpaid, Union run operation that still has some of the most generous employment terms in the world.
Especially when their Factories in Sth Korea & other countries can produce the same product for less than half the cost & without the threat of Union disruption.
No more Tax payer funding of jobs.

by Rabbi (10/01/2012)
 

Leave a Comment

You Must be Logged in to add a comment. Or Register Here

If you want to embed a youtube video, you can just write [youtube]videoid[/youtube]