After taking over GM's transmission plant in Strassbourg, Guido Dumarey wants to acquire the Holden plant in Australia, along with the rights to continue building the Commodore there.
The closure of a single automotive assembly plant can be devastating on the local economy. But in Australia, they're dealing with what effectively amounts to the shutdown of its entire automotive sector. Mitsubishi closed its factory there a few years ago. Ford announced just months back that it would cease manufacturing in Australia, and now General Motors is following suit. That effectively leaves just Toyota manufacturing on any substantial scale in Australia, but who knows for how much longe