GM’s promised A$1 billion to continue production in Australia dependent on federal policies.
GM Holden Chairman and Managing Director Mike Devereux lays down something of an ultimatum, declaring Australia will have to decide next year whether or not it wants an automotive industry. Speaking at the local launch of the Colorado 7 SUV, Devereux tells media the future of local car manufacturing may hinge on next year’s federal election. “My hope is the auto industry is not an election issue. It is a bipartisan issue. Either way, there needs to be another broad-based ...
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