PLANT SHUTDOWNS – SOUTH AUSTRALIA

Open market the death of car makers

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Original article by Simon Evans
The Australian Financial Review – Page: 7 : 18-Oct-17

Holden’s share of Australia’s new car market has fallen from about 20 per cent in the 1990s to just seven per cent. Holden will be the last car maker to cease local manufacturing when its Adelaide plant closes on 20 October. Former Mitsubishi Motors Australia CEO Tom Phillips says local car-makers struggled due to the influx of international car brands, with some 65 models competing in a relatively small market in terms of population. He adds that a change in consumers’ vehicle preferences also contributed to the demise of the local industry.

CORPORATES
GM HOLDEN LIMITED, MITSUBISHI MOTORS AUSTRALIA LIMITED, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, FORD MOTOR COMPANY AUSTRALIA LIMITED, GENERAL MOTORS CORPORATION, FLINDERS UNIVERSITY

Power plant half shut as gas rises, demand falls

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Original article by Matt Chambers
The Australian – Page: 20 : 11-Dec-14

AGL Energy has advised that it will close down four of the eight generating units at its gas-fired Torrens Island power station in South Australia in 2017. The move has been attributed to factors such as the rising cost of gas for domestic consumption and a decline in energy use. AGL shut down the four older generating units for several months earlier in 2014 due to low demand for electricity

CORPORATES
AGL ENERGY LIMITED – ASX AGL, SANTOS LIMITED – ASX STO