Holden’s Profit

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Holden reported a ‘profit’ of nearly $153m last year which is astounding given the fact that it is winding up Australian manufacturing and has lost market share to about 8%.

Scratch a little deeper and you’ll find out Holden copped a $120m leg up from its parent GM in the USA and us little Aussie taxpayers chipped in an additional $51.4 million.

Not bad if you can get it.

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