Hmmmn, I'd hold my hope in there for a bit; the "source" is an un-named Coalition MP. Neither Holden or GM have made any statement yet. I heard a month or so ago that many (about 40% I heard) of the current cabinet are against continued subsidy of Australian auto manufacturers (a bit blind in my opinion, considering the overall return in jobs and economic sustenance which maintains growth) however, this means the source, not being named as the 'leaker', could well be misinformed, or have their own agenda, it could be pure untruth. Chris Uhlman hints at this.

The decision is not due for a while yet, if at all. (It seems to me its actually partly Australians speculation of fear of GM's intention here in Aust that drives this worry).
Also, if (for instance) a government created the idea all was lost, it would look as though it had saved the day if Holden stays, - for a few years more at least ...without doing anything!

That said, Macfarlane seems to have been locked out of a factory meet with recent visiting GM heads, (but that could be media spec too), however, I spose the last thing you want when you're a genuinely assessing a manufacturing asset in an OS country, is a government minister walking beside you. (lol - mnnn - maybe not lol.)

But yep, its a worry.

The pious and 'morally better than the rest of us' edges of the Australian media have been hacking into Holden for months now in my observation, (despite the poor education they demonstrate) - all that crap about Holden not making cars Australians want to buy at 'our' expense etc... seems to me like Holden got it pretty right for the last 60 years or so, right on target for the requirement of an Australian car actually, if you consider FX to VF!
And now look at that, a week or so ago VF Commodore is back up at number 3 best seller in the country.

She'll be right.... fingers crossed for luck.