CANBERRA – The Australian government says it will establish a A$50 million ($35 million) assistance package in the wake of the closure of Mitsubishi Motors Australia Ltd.'s engine and foundry plants in South Australia. About 700 jobs will be lost when the plants close in October 2005. The closure of the operations had been widely expected as part of the parent company's global restructuring plans. (See related story: Mitsubishi to Cut Production as Part of Latest Turnaround Plan) ...

Premium Content (PAID Subscription Required)

"Oz Government to Aid Displaced Mitsubishi Workers" 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!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.