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| The Pub For General Automotive Related Talk |
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12-08-2013, 04:24 PM
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Regular Member
Join Date: Jan 2011
Posts: 470
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Workers at Holden will tomorrow vote on a new EBA agreement which will determine (among other things) whether or not the company remains a manufacturer in Australia.
The new EBA is aimed at shoring up Holden's local manufacturing operations - which are running at an unsustainable loss - through approximately $15 million in annual savings. Importantly, Holden have confirmed that if workers vote "no", then they will be forced to cease manufacturing in Australia in 2016/17, regardless of additional government funding. Furthermore, a decision to quit manufacturing would likely result in an end to the entire car industry given that the supply base would be sub-scale and too costly to supply the sole remaining manufacturer, Toyota. Hence, I thought it would be appropriate to start a thread which will deliver the verdict and facilitate the inevitable postmortem discussion. |
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D-Day for Holden tomorrow
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