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After $2b from taxpayers, GM let Holden 'wither'

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Prime Minister Scott Morrison has expressed anger at General Motors' decision to dump the Holden brand in Australia, 72 years after the first home-grown car rolled off the production line, lamenting that $2 billion of taxpayer funds had been pumped into the automotive group.

Mr Morrison accused the US car company of letting the Holden brand waste away.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
Tom McIlroy is the Financial Review's political correspondent, reporting from the federal press gallery at Parliament House. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com

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    Original URL: https://www.afr.com/companies/transport/general-motors-dumps-holden-brand-with-600-jobs-to-go-20200217-p541io