Parting manufacturing's sea of red

Parts and ancillary suppliers make up 80 per cent of the Australian automotive industry, and it is here that the government needs to focus its support to put us on the map in the global supply chain.

In the aftermath of the Prime Minister’s welcome announcement locking in the future of GM Holden in Australia, there remained a worrying question mark about what it meant for local parts manufacturers and ancillary suppliers – the small and medium-sized businesses that represent 200,000 jobs and roughly 80 per cent of the local automotive industry.

A South Australian government report tabled on March 28 officially confirmed what we suspected: that the $275m taxpayer-funded rescue package for Holden will not save the Australian parts manufacturers.

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