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Old 15-08-2019, 12:10 PM   #734
jpd80
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Default Re: Will the Holden brand survive?

Quote:
Originally Posted by BENT_8 View Post
Agreed, however, I do believe the then Labor Government offered Ford something like 500m to stay on and they declined.
They weren't offered anything like that, Look back to what as offered to keep FGX and Territory,
the upgrades cost, $125 M and the governments chipped in $62 M, relatively peanuts....

The $500 M figure was how much Abbott proposed to cut in car industry assistance
but that somehow was assumed as money offered to Ford.....

It's the same BS deal that always happened, Ford was offered $30 M assistance for Focus production
while Holden was given over $300 M to assist Cruze production. There was always a lot more apathy to
investment in Ford because they had the hand on the ejection lever for years and governments just saw it
as tactics to get more assistance and not a real threat to leave.

Last edited by jpd80; 15-08-2019 at 12:15 PM.
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