After $2b from taxpayers, GM let Holden 'wither'
Updated
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 Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com
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