Not only United States and Canada, but also the Australian government is now supporting General Motors.
So what have been done by the Australian? Well, in order to keep GM’s local subsidiary Holden, the government is promising a subsidy package that values more than AU$200 million or equal to US$210 million. The Australian government toke that action after the automaker said to close its operations if they did not receive any financial aid.
According to Australian news daily that is dubbed as ‘the age’, the Australian’s Prime Minister, Julia Gillard together with South Australian Premier Jay Weatherill, Holden chairman Mike Devereux and vehicle union boss Ian Jones has already announced the official decision in Canberra, yesterday.
From what we have got from the Australian daily news, Holden was reported to keep developing vehicles for nearly ten years after they have got the financial assistance. Based on what we got from the source, as much AU$750 will be invested in its Australian operation during that ten years period.
More importantly, Holden is said to confirm an export deal to advertise Commodores that will get a Chevrolet badge in the US. Just to remain you, the Commodore was sold as the Pontiac G8 in North American before GM experienced bankruptcy. In addition, the Caprice also will be imported for US and Canadian buyers.
The Commodore is said to be manufactured locally by Holden until 2016 when it comes to be shifted by a GM’s U.S model lineup.
The report about the Commodore that come up to the States might be related to Chevy’s fresh declaration on a new 2013 NASCAR racer to replace the Impala.
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