Makers must look to China: analyst

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A key player in the Button car plan has urged Australia’s car industry to look to China for its future despite Holden Australia’s survival of parent GM’s formal bankruptcy. Melbourne Business School associate professor, Mark Crosby casts doubt on the future of Holden Australia’s assembly operations. “Just giving money to the car industry is not the right way to go,” he said. “We haven’t got a comparative advantage in assembly.…   [Read Full Text]