
Ford spending, hiring after Holden withdrawal
Ford will commit $500 million to the Australian market in 2020 and is likely to hire more staff as global automotive giant General Motors prepares to quit by the end of the year.
Ford will commit $500 million to the Australian market in 2020 and is likely to hire more staff as global automotive giant General Motors prepares to quit by the end of the year.
US car manufacturer General Motors has announced plans to withdraw entirely from Australia and retire the Holden brand by 2021.
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Five years after the announcement that Holden would end car manufacturing in Australia, the closure of the company’s Elizabeth plant continues to take a heavy toll on some former workers and their families.
The experience of former Holden workers should be more positive than that of employees retrenched during previous large-scale manufacturing shut-downs, write Darryn Snell and Victor Gekara.
More than 90 years of Victorian car manufacturing will come to an end with the closure today of Toyota’s Melbourne plant and the loss of 2600 jobs.