State and federal governments are likely to pay Holden's parent company a "substantial amount" to keep manufacturing bases in Australia.
South Australian Premier Jay Weatherill has foreshadowed a major funding announcement after news the closure of Holden's Australian operations was one option being considered by US parent company General Motors.
Mr Weatherill, Federal Manufacturing Minister Kim Carr and Holden chairman Mike Devereux met with GM executives in Detroit on Monday (US time) to discuss the company's future.
He says the Federal Government will bear the brunt of future funding, which he insists will not be a rescue package.
"We're talking about a very substantial investment from both the Commonwealth and State Government and that's why we want to make sure we get a decent return for that amenity," he said
"It would obviously provide security for the future but we want to make sure that beyond the life of the next model of the Holden it also secures a future for an advanced manufacturing industry in South Australia based on a car manufacturing industry."
He says details of the funding, which he described as a co-investment, are still being determined.
"That's the subject of negotiations. It would undermine our negotiation to disclose that but suffice to say it's a very substantial sum."
Most of Holden's 4,800 workers are based at its Elizabeth assembly plant in South Australia and its Port Melbourne engine factory.
dedja wrote:are you taking too much medication or not enough? ... just curious
Used to work at GMH Woodville 17 years dedja...
GMH Woodville, what...?
My Dad worked at GMH Elizabeth for over 30 years ... in fact I worked there many years ago for 3 months during the end of year break at Uni (sidenote, if you own a VL Commodore, you're driving my handiwork).
dedja wrote:are you taking too much medication or not enough? ... just curious
Used to work at GMH Woodville 17 years dedja...
GMH Woodville, what...?
My Dad worked at GMH Elizabeth for over 30 years ... in fact I worked there many years ago for 3 months during the end of year break at Uni (sidenote, if you own a VL Commodore, you're driving my handiwork).
If you do have one, then just letting you know that the bumper was attached to a metal support that was rusted from new.
Also, don't look behind your dash, because if you do you'll find huge burn holes in the plastic insert that houses the gauges. Again, all this from Holden courtesy to you from new.
Oh, and the plastic edging around the windscreen will be out of shape ... again from new.
Just as a further aside, if you own a Camira, there's a fair chance that the grey insert that your number plate is bolted to is not the same colour as the bumper ... if so, sorry about that as it was faarking too hard to tell the difference between them under factory light.
dedja wrote: Just as a further aside, if you own a Camira, there's a fair chance that the grey insert that your number plate is bolted to is not the same colour as the bumper ... if so, sorry about that as it was faarking too hard to tell the difference between them under factory light.
Ha! my Olds used to own one of these and I noticed this very fact you dodgy bast1rds
Also noticed that the outside door handles were very brittle and 3 of them went on the one we had. I did it twice by my footy bouncing into the door near the handle
Last edited by heater31 on Tue Jan 10, 2012 10:39 pm, edited 1 time in total.