What should we do with our dead/dying auto industry? Something!!
I say build electric vehicles, and make them affordable, and stop bending over for Australia to get shafted by the overseas manufacturers.
So it’s been a rough couple of years for the car industry in Australia.
A while back we lost Mitsubishi. Then we lost Ford.
Then a couple of months ago, General-Motors Holden.
And yesterday, Toyota.
Jobs to be lost (including the components market) are in the region of 50,000 – 100,000, depending on whose estimate you believe. Invisible effect on that on banks, local services, whitegoods, retailers, and the public purse? Impossible to calculate, but huge.
And this is in the most successful capitalist economy in the world, right now.
The Tesla. Apparently we can’t make cars like this in Australia.
The blame game is well underway, of course. Books have been and will be written on the consummate failure of successive Governments and the business community to grapple with the endemic problems of the local industry – a…
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