Subsidy deal includes GM Holden pledge to build two new vehicles.
GM Holden says government assistance for the global auto industry is a fact of life and Australia is no different from anywhere else. Chairman and Managing Director Mike Devereux defends the allocation of government funds to the General Motors subsidiary. GM Holden recently received A$275 million ($283.4 million) from the federal, South Australian and Victorian state governments to ensure the future of its local operations through 2022. The deal includes a commitment from the auto ...
Premium Content (PAID Subscription Required)
"GM Holden Chief Defends Oz Governmentâs Fiscal Help" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.