Holden awaits meeting with new government

GM Holden’s North American exports are below expectations, as the company waits to meet with the incoming federal government.

News Limited Network reports that John Fitzpatrick, a marketing manager at Chevrolet, has said only 900 cars are to be shipped to the United States, agreeing that this was below a target of between 1,700 and 2,000.

Prime minister-Tony Abbott, who is yet to announce his cabinet ministers, said that a Coalition government would expect Holden to increase its export volumes, and that – if elected – an Abbott government would reduce automotive funding by $500 million up to 2015.

Abbott is yet to meet with Holden, whose parent company GM will hold a board meeting later this month in Detroit to decide the Australian car maker’s manufacturing future.

"GM Holden congratulates Tony Abbott and the Liberal-National Coalition on their election win. We now look forward to sitting down with the Abbott Government to have detailed discussions about future automotive policy," a spokesperson told News.

Meanwhile Sophie Mirabella, who would most likely be the next industry minister in Abbott’s cabinet, is behind as vote counting continues in her seat of Indi.

At the time of writing Mirabella trails by 1,313 votes on preferences to independent challenger Cathy McGowan.

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