The Australian Car Manufacturing Industry Moves Even Closer to the Brink of Collapse

Talks to save Ajax Fasteners – the supplies of specialised screws and clips to the four Australian car manufacturers – broke down last week and workers at the Ajax plant were stood down on Friday.

Further talks were held over the weekend and late into last night but have collapsed again. The ABC is quoting an Australian Workers Union spokesman as saying that even though the major points of the rescue package have been agreed on the manufacturers can’t reach agreement on an amount said to be less than $1,000.

The furnaces at Ajax Fasteners will now be shut down and stand downs at car plants in Victoria and South Australia seem inevitable and could start as soon as tomorrow.

The Australian Car Manufacturing Industry Moves Even Closer to the Brink of Collapse

3 thoughts on “The Australian Car Manufacturing Industry Moves Even Closer to the Brink of Collapse

  1. I seriously dont get it, i mean Ford n Holden rely on these parts, and they are willing to put that many workers out of work and lose all this potential cars being made over insignificant amounts of money?

    got to be more to it than this

  2. You’re right alborz – there certainly has to be more to this. Up until last night the parties were saying that the industry would shut down without Ajex Fasteners and Holden were planning on standing down around 4000 workers.

    Then suddenly last night Holden announces that they can source the parts they need from GM factories in the USA and Europe and it’s Ford who is looking at standing down staff from Wednesday.

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