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Auto giant General Motors said Wednesday it will close its Holden plants in Australia by 2017, prompting Toyota to review its operations as unions warned the car industry was finished. With Mitsubishi closing its Adelaide plant five years ago, only Toyota Australia -- which employs more than 4,000 workers -- will be left making cars in the country. Even that appeared uncertain, with the Japanese auto firm immediately announcing a review of its own position in Australia. "This will place unprecedented pressure on the local supplier network and our ability to build cars in Australia," Toyota Australia said in a statement about Holden's closure.
PROVIDENCE, R.I. (AP) — The storm that iced over Dallas, buried Philadelphia in snow and stranded drivers and air travelers everywhere in between at last plodded out of New England, exiting in muted fashion after days of foul weather.
CANBERRA, Australia (AP) — General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end of 2017, with nearly 2,900 jobs to be lost, because of high production costs and competition.