When Mitusbishi plant was closed in Adelaide, almost all the workers found new jobs quite quickly, according to an article I read some time ago. It was not the disaster that some predicted.
The Australian car industry has become political now. The end is inevitable. It will probably fall to a liberal government too pull the pin.
But now would be an ideal time, if Swanee is to be beleived. If things are as good as he says, I wonder why the car companies need any handouts at all? It doesn't make sense.