Today we bring some rather sad news from Australia as Holden has announced production will stop by the end of 2017. As a result of this drastic measure, no less than 2,900 people will lose their job – 1,600 from Elizabeth and 1,300 from Victoria. This announcement comes only a few months after Ford said they plan on stopping production Down Under by 2016. In addition, rumors are already indicating Toyota will do the same thing because of the uncertainty regarding the automotive parts supply chain in Australia.
The latest product launched by Holden at home in Australia is the Barina RS which is essentially a rebadged version of the Chevrolet Aveo RS hatchback. At its heart is a 138 bhp / 200 Nm 1.4-liter 4-cylinder turbocharged gasoline engine mated to a 6-speed manual gearbox or an optional 6-speed auto sending power to the front axle.
Source: Holden
