Plans to save Adelaide Holden plant being weighed up

Politicians have cautiously welcomed Belgian entrepreneur Guido Dumarey’s bid to save the Adelaide Holden site from closure.  

AAP reports that Holden would consider Punch Corporation owner Dumarey’s plan, but said no formal offer had been made to buy the Elizabeth site, with the factory on track to shut late-next year.

"If a party is interested in the ongoing use of one our sites, Holden and GM will assess any detailed plans should they be submitted," a spokesman told AAP.

Federal industry minister Chris Pyne told the ABC he had engaged closely with General Motors, had written Dumarey a letter of support, and the government would do what it could to help the Belgian to reach his goal.

Pyne said the businessman, who took over GM’s Strasbourg site in 2012, had a “track record” in turning factories around.

SA premier Jay Weatherill said he didn’t want to see false hope created, but the proposal and others were being considered.

“He’s talking about a rear-wheel drive platform, which is what this particular factory does, and that can lend itself to doing many different types of vehicles,” AAP reports him as saying.

“[However,] we’ve got to assess how realistic it is. The truth is, if an idea is just pie in the sky and if an idea also requires a big federal government buy-in and if the federal government isn’t there as a willing partner, obviously that ends it.”