From the AFR:
A strategic car parts maker, Autodom, has indefinitely shut plants in Melbourne and Adelaide that employ about 400 workers, raising the prospect of production halts at the car assembly plants of Ford Australia and GM Holden.
…Chief executive Calvin Stead used a statement to express disappointment at the “lack of support” from key players in the industry that could potentially result in significant direct costs to the industry and government “should the business fail completely.”:
Mr Stead said the company had high fixed costs and that could not be easily be aligned with the local car makers having cut their production volumes by half over the past four years.
That’s got bailout written all over it.
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