Re: How Holden Was MURDERED
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After 10 years, enthusiasts are now waking up to the idea that Joe Hockey didn't kill Holden and the Australian car industry.
Both GM and Ford would have kept bleeding the Aus Govt, ie taxpayer, for as much subsidy as they could, for too long, to inflate the profits for shareholder in the USA.
As it was, if the Govt had agreed to the further GM greediness, Holden would have only survived until 2022, on the updated VF, and imported stuff that nobody wanted.
Extending local production was never part of the big plan.
GM after the GFC was no longer a car company, it was a business to extract as much profit from outside sources as possible. And it started well before the GFC, which was the good excuse.
But nobody wanted to see it that way ........... just blame Joe Hockey and the Liberal Govt of the day.
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