It’s bad news for “Australian Made” as Holden announced that it will turn the engine off on its car manufacturing in Australia, with the last Aussie-made car to roll off its production line in 2017.
2900 jobs will be lost in South Australia and Victoria as the company’s 65 year history of making cars in this country comes to an end.
Holden cited factors such as a high Australian dollar, costly production and a relatively small domestic market as reasons behind the decision.
Toyota will paint a lonely figure as the only brand to be left producing cars in Australia. Will it withstand the inevitably immense pressure to remain?