Cars

Holden Might Pull Out Of Australia Within Three Years

First Ford, next Holden? The Commodore-manufacturer could pull out of Australian manufacturing within three years according to a new report.

Holden has once again gone cap-in-hand to the Federal Government for more funding, grants and pledges to offset the high-cost of doing business in the land Down Under.

One source told The Australian that Holden will ask for an additional $265 million in funding. That’s on top of the $275 million already pledged. Goodness.

If Holden pulls out of the country, what then for our local car industry?

[Business Insider Australia]


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