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Business by Tony Raggatt Premium Content Subscriber only As hundreds of car dealerships try to move on from the end of Holden sales in Australia, Labor is calling for more protections for small businesses against the power of multinational corporations.
It comes as dealers, including Ingham s Devietti Holden, say they were not compensated sufficiently in the closure of the brand by US giant General Motors. But Ingham s Devietti Holden decided to take the package that was offered and move on. We know ourselves our business is valued much more highly than the compensation package (we received) but at the end of the day it makes sense to take it and move on, the Ingham dealership s business partner, Michael Devietti, said. ....