Original article by Simon Evans
The Australian Financial Review – Page: 10 : 20-Oct-17
Data from the Federal Chamber of Automotive Industries shows that Holden’s market share fell to just 6.9 per cent in September, compared with nearly 20 per cent in the early 1990s. Holden will offer a seven-year warranty on new cars until the end of 2017 in a bid to reassure consumers that the iconic brand will continue after local manufacturing ceases on 20 October. Meanwhile, it is estimated that car-makers have received about $A35bn in government assistance since 1997 to support local manufacturing.
FEDERAL CHAMBER OF AUTOMOTIVE INDUSTRIES, GM HOLDEN LIMITED, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, FORD MOTOR COMPANY AUSTRALIA LIMITED, MITSUBISHI MOTORS AUSTRALIA LIMITED, AUSTRALIAN LABOR PARTY, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIAN AUTOMOBILE DEALERS ASSOCIATION PTY LTD, CONMA INDUSTRIES, OCVITTI