GM delays decision to stop production in Australia, may cease in 2016

Article by Christian A., on December 6, 2013

General Motors Co. will no longer produce vehicles in Australia as early as 2016, according to local media. GM operates in Australia through its Holden unit. The disclosure of the decision was supposed to come this week but it was postponed to early 2014, according to Australian Broadcasting Corp., citing unnamed senior government sources.

Both Industry Minister Ian Macfarlane and shadow minister Kim Carr remarked that they understood no decision had been made. The move would be a major blow to Australia’s auto industry, which has been struggling for years no thanks to high costs, a strong local dollar, weak exports and tough international competition.

The government has spent billions of dollars to support the industry, but the aid has become less certain since Tony Abbott's conservative government grabbed power in September 2013. The Australian auto industry employs over 50,000 people and supports 200,000 other manufacturing jobs. Carr remarked that if one carmaker closes in Australia, “it’s only a matter of time before the whole lot goes." Ford will close two of its auto plants in Australia in October 2016.

Topics: gm, australia, production

If you liked the article, share on:

Comments

Recommended

The 2018 Cadillac CTS-V sedan will be getting a new paint job that will give it a unique icy feel. Dubbed the Glacier Metallic Edition, this special model was built...
by - August 23, 2017
During the North American International Auto Show at Detroit in 2015, Hyundai introduced a concept pickup truck they named the Santa Cruz. This model took home the Concept Truck of...
by - August 23, 2017
Porsche introduces the technologically advanced wheels with braided carbon fiber. These will be initially available on the 911 Turbo S Exclusive Series. Being the first car manufacturer to offer such...
by - August 23, 2017
All eyes were turned to the fuchsia pink bespoke McLaren 720S MSO at the 2017 Pebble Beach Concours d’Elegance Sunday. Surely, we can understand why. The one-off supercar, which was...
by - August 23, 2017
Hyundai Motor Group – including both Hyundai Motor and Kia Motors – has disclosed a wide-ranging plan to introduce 31 environment-friendly models in a new development roadmap that aims to...
by - August 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries