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Old 14-08-2019, 10:24 PM   #732
BENT_8
BLUE OVAL INC.
 
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Join Date: Feb 2006
Posts: 8,618
Default Re: Will the Holden brand survive?

Quote:
Originally Posted by prydey View Post
The problem was none of the brands were fully local. They all had/have foreign parent companies.

Our facilities were aging and in need of major upgrades, the govt didn't want to support it and to get to anywhere else in the world was a decent boat ride. Those parent companies were never going to keep building the orphans they were when they could build mega factories in cheap labour countries and transport them easier.
Agreed, however, I do believe the then Labor Government offered Ford something like 500m to stay on and they declined.
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