GM Detroit Puts Axe Through Holden: High Farce At Productivity Commission

OPINION:

So, General Motors Detroit has now made its decision: yesterday it informed us that Holden is to shut down its manufacturing operations by 2017.

This is, apparently - or so it would have us believe - something it hadn’t decided ‘the day before’ yesterday.

Because ‘the day before‘ was when Holden MD Mike Devereux fronted the Productivity Commission of Inquiry into Australian Automotive manufacturing.

Then, Mr Devereux told the Commission that GM had not set a timeframe on a decision, and added the curious bon mot that the hearing was not the time to speculate (about Holden’s future).

That was 24 hours earlier.