Auto Bailouts In Australia: Government To The Rescue Once Again?

To most Americans, the word Holden may simply elicit a raised eyebrow with a possible Texas card game response.

Simply put, Holden is to Australia as Chevy is to America.

Sitting around the garage chatting up cars talking Holdens and kilowatts is like doing the same for Chevys and horsepower here in America.

Holden became part of General Motors in 1931, now GM Holden Limited, and is struggling financially in Australia ...



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Jan 10, 2012 Top level talks in America over the future of our Holden exports have revealed South Australia needs a multi-million dollar government bailout to keep Holden's Elizabeth plant alive. See more at tennews.com.au.-