GM closes Holden factory as Australia's car industry runs out of road
Adelaide
AS thousands of people attended a car rally in Australia's blue-collar heartland on Sunday, many knew it was also a funeral procession for the nation's car industry.
General Motors closed its Holden factory in the South Australian suburb of Elizabeth on Friday, ending more than a century of car manufacturing in the country. Hundreds of workers were left jobless, just weeks after Toyota shut its plant in neighboring Victoria state, where Ford closed two sites last year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Honda to spend US$11 billion on EV strategy in Canada
India’s IndiGo gets into long haul game with Airbus A350 deal
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
China's largest auto show displays all-electric future, local brands dominate