Economy

Australian car-making ends with last GM plant closing

Australian car-making ends with last GM plant closing”

"You can't get away from the emotional response to the closure", he told 3AW radio.

South Australia state Premier Jay Weatherill said auto manufacturing was seminal to the state's industrial know-how.

Holden communications director Sean Poppitt said everyone who finished up on Friday would leave with their heads held high.

It said only eight per cent were still looking for work and, while no figures were available, had no reason to doubt that a similar result would be achieved with those who stayed to the end.

With 85 per cent of all workers to date successfully transitioning, we've worked closely with our people to support them.

The Australian Manufacturing Workers Union estimates 2500 jobs could be lost across Holden and its supplier network when the plant shuts, but exact numbers are hard to gauge.

AMWU state secretary John Camillo said some would find other fulltime work, some part-time or casual positions, and others would be forced to retire.

'And that's the tragedy about what's happening today, ' he said.

There had been debate about whether the 7 billion Australian dollars ($5.5 billion) that the government spent on the vehicle industry in subsidies since 2001 was worth the jobs that it created.

"History will remember this as the greatest betrayal of blue-collar workers".

"Tomorrow will be an emotional day for Holden workers and their families and my thoughts are with them at what is a hard time", Mr Wingard said.

Holden Ltd., an Australian subsidiary of the of a US automotive giant, built its last vehicle nearly 70 years after it created Australia's first, the FX Holden, in 1948.

"It's pretty sad that it's gone this way". "Life will go on", Kane said.

Holden is an iconic Australian brand and has been a source of national pride for generations.

His main concern was that "for every one person at Holden, there's five people in the supply chain outside".



Like this

Latest


20 October 2017
Female Dem lawmaker: Women have some responsibility for preventing sexual harassment
However, she released another statement on Thursday to in an attempt to clarify her response, though it's effectively doing a 180 entirely.

20 October 2017
Müller toma ventaja sobre James y se lleva los elogios de Heynckes
El local salió a mandar al campo desde el principio y el partido se convirtió pronto en un asedio al área del Celtic . James Rodríguez demostró que puede ser tenido en cuenta con más minutos de juego por el entrenador alemán.

20 October 2017
AMC Launches VR App with New Content from The Walking Dead
In the first part of the " Attack " series you're trapped in an abandoned auto , and in the second you're surrounded by zombies. In addition to the two parts that have already been released, two new installments will be available.

20 October 2017
Teacher Followed And Hit With A Brick After Confiscating Student's Cell Phone
Williams allegedly claimed that during a meeting between her, her daughter, and Watkins, the child accused Watkins of choking her. Watkins told police a woman and man approached her auto , and when she rolled down the window, the woman threw a brick her.

20 October 2017
Sirius XM Holdings (SIRI) Receives News Impact Rating of 0.05
After $0.04 actual EPS reported by Sirius XM Holdings Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. BlackRock Inc. boosted its holdings in shares of Sirius XM Holdings by 3,534.6% in the first quarter. (NASDAQ:SIRI).

20 October 2017
MongoDB Has Strong Debut In Latest Tech IPO
They are mostly owned by venture investors, including Sequoia, Flybridge, and NEA, and company executives and founders. LLC, Barclays Capital Inc. and Allen & Company LLC are acting as the joint bookrunners for the offering.

20 October 2017
MDE releases performance grades for 2016-2017 school year
Ocean Springs was the highest rated school district on the Coast, joined by Long Beach and Biloxi with a grade of "A". The Mississippi Department of Education released this year's District Performance Grades today, October, 19.

20 October 2017
Se requieren recursos suficientes para atender cáncer de mama
En los últimos estudios se ha demostrado que el consumo de tabaco está relacionado directamente con el cáncer de mama . Mamografía: Una vez al año a partir de los 40 años.

20 October 2017
Impax Labs Inc (IPXL) Has Stock More Room to Run
Canaccord Genuity for instance, initiated the stock on 31/07/2017 whilst Piper Jaffray issued a upgraded the stock on 18/07/2017. How has the stock performed recently? BTIG Research initiated it with "Buy" rating and $48 target in Tuesday, October 6 report.

20 October 2017
Hanesbrands Inc. (NYSE:HBI) closed with a change of -1.11%
Following the sale, the insider now directly owns 99,997 shares of the company's stock, valued at approximately $2,426,927.19. After $0.53 actual EPS reported by Hanesbrands Inc . for the previous quarter, Wall Street now forecasts 13.21% EPS growth.



Recommended