Holden's demise isn't the end of Australia's auto industry

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ANALYSIS: Holden's demise isn't the end of Australia's auto industry

Volvo's factory in Brisbane employs around 650 staff, according to a recent report from the Federal Department of Industry, and can currently produce 3,000 trucks a year, with plans to invest $25 million to increase that capacity to 4,000.

PACCAR Australia makes its Kenworth trucks in Melbourne and employs more than 800 people in manufacturing and wholesaling, while CNH Industrial's Iveco truck and bus factory is located in Dandenong, just outside Melbourne. They also utilise significant quantities of locally produced automotive components — for example, according to the Department of Industry, Volvo's Brisbane factory has about 90 local suppliers providing more than 2,500 different components, many of which are made in Australia.

In a survey conducted in January 2018 — admittedly only a few months after the last mass-production car factory in Australia had closed — the Department of Industry found that 74 per cent of automotive supply chain businesses were still trading.

 

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8,000 employed in the car industry is about a fifth of what is was 5 years ago. Everyone expects that there will be fluctuations in employment and the unskilled workers will always bear the brunt of it but when highly skilled workers are ejected permanently we are in trouble.

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