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	<title>AutoTalk - Auto Industry Forums Pictures News &#187; Holden</title>
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		<title>GM Holden recalls 9,000 cars over faulty fuel hose</title>
		<link>http://www.autotalk.com/gm-holden-recalls-9000-cars-over-faulty-fuel-hose-3527/</link>
		<comments>http://www.autotalk.com/gm-holden-recalls-9000-cars-over-faulty-fuel-hose-3527/#comments</comments>
		<pubDate>Thu, 18 Mar 2010 15:31:16 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[Holden]]></category>
		<category><![CDATA[Recall News]]></category>
		<category><![CDATA[general motors]]></category>
		<category><![CDATA[holden]]></category>
		<category><![CDATA[recall]]></category>

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		<description><![CDATA[
			
				
			
		
General Motors' Australian subsidiary GM Holden on Thursday recalled 9,000 Cruze sedans over a faulty fuel hose, after a raft of damaging glitches hit Japan's Toyota and Honda.

A company spokesman said some of the hoses on 1.8-litre MY10 JG Cruze models had sprung a leak, and some owners may notice leaking fuel, a petrol smell [...]]]></description>
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<p>General Motors' Australian subsidiary GM Holden on Thursday recalled 9,000 Cruze sedans over a faulty fuel hose, after a raft of damaging glitches hit Japan's Toyota and Honda.</p>
<p style="text-align: center;"><a title="Holden Picture Gallery" href="http://www.autotalk.com/pictures/g1208-holden.html" target="_self"><img class="alignnone" src="http://www.autotalk.com/pictures/data/1464/thumbs/Holden_Coupe_60_039_Auto-Talk_net_.jpg" alt="" width="120" height="80" /><img class="alignnone" src="http://www.autotalk.com/pictures/data/1417/thumbs/2003_Holden_Crewman_033_Auto-Talk_net_.jpg" alt="" width="120" height="80" /><img class="alignnone" src="http://www.autotalk.com/pictures/data/1465/thumbs/VE_SS_V_030.jpg" alt="" width="120" height="80" /><img class="alignnone" src="http://www.autotalk.com/pictures/data/1463/thumbs/2008_Holden_VE_Sportwagon_Calais_V_003_Auto-Talk_net_.jpg" alt="" width="120" height="80" /></a></p>
<p>A company spokesman said some of the hoses on 1.8-litre MY10 JG Cruze models had sprung a leak, and some owners may notice leaking fuel, a petrol smell or loss of power. No accidents or injuries have been reported.</p>
<p>"A condition has been identified where, in some instances, the fuel feed hose may not have been manufactured correctly and could result in a fuel leak," the spokesman said in a statement.</p>
<p>"We are aware of 71 cases of a reported fuel leak due to this condition."</p>
<p>The recall, which affects 9,098 cars in Australia and another 485 in New Zealand, comes after Toyota pulled eight million cars over accelerator and brake problems.</p>
<p>Honda has also recalled hundreds of thousands of vehicles over substandard brakes, exploding airbags and power windows which risked catching fire. Daihatsu, a Toyota subsidiary, has been hit by similar problems.</p>
<p>"We regret any inconvenience caused. However, safety is our number one priority and it's our duty of care to inform customers as soon as an issue comes to light," the Holden spokesman said.</p>
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		<title>Australian car maker Holden offered $170 mln bailout</title>
		<link>http://www.autotalk.com/australian-car-maker-holden-offered-170-mln-bailout-2618/</link>
		<comments>http://www.autotalk.com/australian-car-maker-holden-offered-170-mln-bailout-2618/#comments</comments>
		<pubDate>Sat, 08 Aug 2009 16:34:56 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[Holden]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[canberra]]></category>
		<category><![CDATA[holden]]></category>
		<category><![CDATA[recession]]></category>

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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 a broader effort to save more [...]]]></description>
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<p>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.</p>
<p>Industry Minister Kim Carr said the credit, which had not yet been drawn upon by Holden, was agreed a month ago as part of a broader effort to save more than 200,000 jobs in Australia's automotive sector.</p>
<p>The Export Finance and Insurance Corporation (EFIC), the government's export credit agency, said Holden was an "iconic Australian company" which deserved full support.</p>
<p>"The facility has been put in place to provide support for GMH exports of vehicles, parts and engineering services to Europe, the Middle East, Africa and Asia, as the Australian manufacturer establishes stronger market links under the newly created General Motors Company," EFIC said.</p>
<p>"The secured line of credit of up to 200 million (dollars) has been agreed but not drawn and is subject to commercial terms and conditions," it added.</p>
<p>Holden employs more than 6,000 workers in southern Australia and New Zealand, and exports account for 50 percent of its earnings.</p>
<p>Despite making Australia's best-selling car, the Commodore, it has not turned a profit since 2004.</p>
<p>Parent firm General Motors in June filed the biggest bankruptcy in US manufacturing history, handing 60 percent of the company to the US government.</p>
<p>Holden spokesman Scott Whiffin said the company had not yet drawn a single dollar from the credit line and it would do "everything we can not to."</p>
<p>Its executives in March agreed to take a 10 percent pay cut, saying the global financial crisis had left it grappling with some of the worst market conditions in living memory.</p>
<p>Canberra has already offered Holden 179 million dollars in subsidies to build an environmentally friendly "green car."</p>
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