SA Premier Warns Of Holden Deadline On Government Commitment

South Australian Premier Jay Weatherill has warned of the urgent need for clarity on the new Federal Government's commitment to the nation's automotive manufacturing industry. 

Mr Weatherill said that unless Prime Minister Tony Abbott commits to a funding boost before Christmas, Holden may close its Australian manufacturing operations within the next three years. 

He added that if Holden were to exit Australia as a manufacturer, the impact on the industry would have "a knock-on effect for Toyota's local production and indeed the whole component manufacturing supply chain".

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