Australian government subsidized domestic Cruze production.
Global auto makers play competing governments against each other when attracting public funding for their projects, GM Holden Chairman and Managing Director Mike Devereux says. Devereux tells the Australian Broadcasting Corp.’s Inside Business program that GM Holden, which is seeking a reported A$300 million ($324 million) from the Australian government, is “absolutely” profitable and “has been for years now,” a transcript quotes him as saying. “We ...
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