SA premier Jay Weatherill has repeated his warning that Holden will cease manufacturing in Australia if the new federal government does not pledge further assistance.
Prime minister Tony Abbott this week that the government does not want to see the industryliving “hand to mouth”, and wants to see it improve its performance.
Weatherill has warned that if the federal government did not commit to a $275 million co-investment package by Christmas, then Holden would follow Ford Australia and cease manufacturing in Australia in 2016.
The money would be contributed by the federal ($215 million), South Australian ($50 million) and Victorian ($10 million) governments.
"[Holden] need a commitment as soon as possible,” Weatherill told the ABC.
“They are making decisions about $1 billion worth of investment in two new models which will secure the future of the plant for another 10 years.
"The workforce has made its contribution by agreeing to very substantial wage restraint, so really it is over to the Commonwealth Government to see what contribution they're prepared to make to secure the future of Holden."
Weatherill has said that Holden’s exit would cost 16,000 jobs in South Australia alone.
New industry minister Ian Macfarlane has spoken to Holden managing director Mike Devereux, and plans to visit the car maker in October.
He has said that the federal government would do “all it can” to assist, though added that it did not have a “pocket full of money”.