Via the Australian
The decision to quit manufacturing in 2017 was solely a business decision and the future of Holden had been one of his top priorities after he was appointed to run GM's international division last August, Stefan Jacoby said.
…The sums could not add up regardless of the level of public funds involved, he said.
"Local production, even if it would be pure assembly, really doesn't make any sense.”
"Our automotive business is driven by scale - of economics, of productivity, of an efficient supply industry, of sufficient and efficient and optimised logistics."
"That means the automotive industry will be focused only on core markets, as it is today. Australia is just too small."
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