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Archive for the ‘Holden’ Category

Australian car maker Holden offered $170 mln bailout

Australian car maker Holden offered $170 mln bailout

Australia said on Saturday it had extended a 200-million-dollar (170-million-US) lifeline to car maker GM Holden following the bankruptcy of General Motors, its ailing US parent. Industry Minister Kim Carr said the credit, which had not yet been drawn upon by Holden, was agreed a month ago as part of...

August 8th, 2009 | Holden | Read More