Skip to content

Australia: Gov funding supports Holden investment

The government of Australia has announced an AUS$275m (US$286.32m) subsidy for General Motors' Holden unit to ensure the OEM's continued vehicle production in Australia. This co-investment package is from the Australian and South Australian governments. The announcement was made at a ceremony in Canberra, which was attended by Prime Minister Julia Subscribe to Automotive World … Continued

The government of Australia has announced an AUS$275m (US$286.32m) subsidy for General Motors' Holden unit to ensure the OEM's continued vehicle production in Australia. This co-investment package is from the Australian and South Australian governments.

The announcement was made at a ceremony in Canberra, which was attended by Prime Minister Julia

Subscribe to Automotive World to continue reading

Sign up now and gain unlimited access to our news, analysis, data, and research

Subscribe

Already a member?

https://www.automotiveworld.com/articles/92761-australia-holden-in-aus-275m-govt-co-investment-deal/

Welcome back , to continue browsing the site, please click here