Govt split over Holden's future as boss fronts commission

A SENIOR Coalition source says Holden would have put in a bid for more government assistance by now if it was serious about staying in Australia.

Competing views within the Federal Government over car industry assistance have emerged since the ABC revealed senior ministers believed a decision has been made for Holden to exit Australia.

Industry Minister Ian Macfarlane, who has indicated he wants to give the industry more money, quickly refuted the claims, saying Holden has assured him no decision has been made.

But a senior Coalition source argues the company does not want to be saved and has told the ABC it would have made a bid for more money by now if it wanted to stay.

The Government has set up a Productivity Commission inquiry into the car industry, which is due to report early next year.

Read more at ABC News Online.