Friday, May 07, 2004

Car Plants

It is worth noting that an analyst for KPMG has pointed out that if we lose one of the four car manufacturers in Australia then we will lose the necessary economies of scale in the auto parts sub-components industry for Australia to remain globally competitive.

Food for thought, but it still feels like a toddler trying to hold back the tide with a toy shovel. I don't think there is any amount of money the government can offer to change the long-term decisions in the Daimler-Chrylser boardroom.

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