General Motors Exits Australia |


Published on December 26th, 2013 | by Daniel Sherman Fernandez


General Motors Exits Australia


General Motors Co. has decided to pull out of vehicle production in Australia as early as 2016, local media reported today, in what would be a major blow to the struggling industry.Citing unnamed senior government sources, the Australian Broadcasting Corp. said an announcement on the decision to close was supposed to have been made this week but had been put off until early next year.

Both Industry Minister Ian Macfarlane and shadow minister Kim Carr said they understood no decision had been made. Australia’s auto industry has been under pressure for years as high costs, a strong local dollar, weak exports and tough international competition take a toll.

The Australian automotive industry employs more than 50,000 people and supports 200,000 other manufacturing jobs. Any exit by Holden is likely to affect the economies of scale at Toyota Motor Corp.

“This is an eco-system. If one goes, it’s only a matter of time before the whole lot goes,” Carr told reporters.

In May, Ford Motor Co. will shut its two Australian auto plants in October 2016, following the exit of Mitsubishi Motors in 2008.

About the Author is a service to the public and other website owners. is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site While the information contained within the site is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. is not responsible for the accuracy or content of information contained inside.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑