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| The Pub For General Automotive Related Talk |
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27-05-2011, 08:21 AM
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Black 2006 XR8
Join Date: Dec 2010
Location: SA
Posts: 177
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Good to see more of our money going into our car industry.
GM HOLDEN has been given another handout - this time to develop relationships with its parts suppliers. The $2.03 million confirmed yesterday by federal Innovation and Industry Minister Senator Kim Carr is under the Automotive Supply Chain Development Program. It came less than a week after he visited Holden's plant at Elizabeth to hand over $39.8 million from the Green Car fund to help develop a more fuel-efficient Commodore. The grants follow the $149 million of federal taxpayers' money that went to Holden over three years to help get the Cruze small car into production at Elizabeth. Senator Carr yesterday also announced $1.16 million to Ford and $2.37 million to Toyota along with the $2.03 million to Holden "to foster even closer collaboration with their own key suppliers".[/I][/I] |
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Government handouts to car industry
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