A South Australian government taskforce has met all the state's tier-one auto suppliers, and warned thousands of jobs are at risk leading up to Holden's 2017 exit from Australian manufacturing.
The Automotive Transformation Taskforce, operating within the SA government’s Department of State Development, had consulted with the major businesses in the state’s automotive supply chain and said the majority were likely to close. Particularly likely were local subsidiaries of multinationals.
“There should be no expectation that somehow or another there’ll be some alternative big industrial undertaking or that all the component makers are suddenly going to find alternative markets,” taskforce leader Greg Combet told The Adelaide Advertiser.
SA minister for automotive transformation Kyam Maher told the ABC that the job losses figure could be over 8,000 leading up to the end of Holden’s manufacturing operations in 2017.
He said there was some hope of winning extra defence manufacturing work, and opportunities within the food and beverage sector as well.
“…Food manufacturing has grown every single year for 17 years in a row in SA and we think that's got a big future," he said.