GM Holden Ltd. says it will scrap a shift and lay off 1,400 workers at its South Australian operations by the middle of next year. The cutbacks are coming in response to global business conditions, increasing competition from imported brands and changes to local market and export projections for coming years, the auto maker says. Sluggish Commodore sales partly to blame for layoffs. The move follows a decline in demand for the locally built Commodore. Holden’s first-half sales ...
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