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Old 17-11-2013, 05:52 PM   #10
BroadyFord
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Join Date: Jan 2011
Posts: 470
Default Re: Tough Times Ahead

Re GMH, the front page of the weekend AFR has a very grim article regarding the fact that Stefan Jacoby snubbed Ian Macfarlane after the latter requested a meeting to discuss Holden's future.

The article essentially implied that Jacoby was here to ensure everything is in order prior to Devereux's move to China and the subsequent closure announcement, all of which has been caused by the government's (as yet) private decision to let the industry go (as confirmed by "insiders familiar with the situation").

I am still maintaining a closure announcement will be made within the next 3-4 weeks.
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