, ▁this ▁failed ▁to ▁take ▁into ▁account ▁Hold en ' s ▁previous ▁announ cement , ▁where by ▁ 6 0 0 ▁jobs ▁would ▁be ▁shed ▁when ▁production ▁of ▁the ▁Family ▁II ▁engine ▁ceased ▁in ▁late ▁ 2 0 0 9 . ▁In ▁mid - 2 0 1 3 , ▁Hold en ▁sought ▁a ▁further ▁A $ 2 6 5   mill ion , ▁in ▁addition ▁to ▁the ▁A $ 2 7 5   mill ion ▁that ▁was ▁already ▁committed ▁by ▁the ▁govern ments ▁of ▁Can ber ra , ▁South ▁Australia ▁and ▁Victoria , ▁to ▁remain ▁vi able ▁as ▁a ▁car ▁manufact urer ▁in ▁Australia . ▁A ▁source ▁close ▁to ▁Hold en ▁informed ▁the ▁Australian ▁news ▁publication ▁that ▁the ▁car ▁company ▁is ▁losing ▁money ▁on ▁every ▁vehicle ▁that ▁it ▁produces ▁and ▁consequ ently ▁initi ated ▁negoti ations ▁to ▁reduce ▁employee ▁w ages ▁by ▁up ▁to ▁A $ 2 0 0 ▁per ▁week ▁to ▁cut ▁costs , ▁following ▁the ▁announ cement ▁of ▁ 4 0 0 ▁job ▁cut s ▁and ▁an ▁assembly ▁line ▁reduction ▁of ▁ 6 5 ▁( 4 0 0 ▁to ▁ 3 3 5 ) ▁cars ▁per ▁day . ▁From ▁ 2 0 0 1 ▁to ▁ 2 0 1 2 , ▁Hold en ▁received ▁over ▁A $ 1 5 0   mill ion ▁a ▁year ▁in ▁subs id y ▁from ▁Australian ▁government . ▁The ▁subs id y ▁from ▁ 2 0 0 7 ▁was ▁more ▁than ▁Hold en ' s ▁capital ▁invest ment ▁of ▁the ▁same ▁period . ▁From ▁ 2