| By chief political correspondent Emma Griffiths Australia's entire car making industry and tens of thousands of jobs have been thrown into doubt by Holden's decision to close down. Nearly 3,000 Holden workers are set to lose their jobs over the next four years as the iconic manufacturer winds down its Australian manufacturing operations. The decision has prompted Toyota - the only other car manufacturer in Australia - to warn that it will put "unprecedented pressure" on its ability to build cars in the country too. General Motors Holden has announced the company will stop making vehicles by the end of 2017 - ending 65 years of building cars in Australia. Prime Minister Tony Abbott says it is "dark day" for manufacturing in Australia. "But there will be better days ahead. It is my determination ... to work with the people of Australia to ensure that the strengths of our society continue to be built on," he told Parliament. More » |
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