The country needs a manufacturing industry for a number of reasons. Firstly, we will always have a large number of unskilled and semi-skilled workers. Not all can complete trade, technician, or degree courses. A lot can not complete high school. Only manufacturing can supply the number of jobs to give gainful employment to this section of the nation's peoples. Do you want to have unlimited imports, no local industry and 15% unemployment supported by welfare payments funded by taxes on the more fortunate? People living in welfare ghettos? High crime rates, "Don't starve, steal."
The next important reason is national security. Almost everything used by our defence forces should be made here with sufficient manufacturing capacity available to lift production quickly in times of great need should we be abandoned by our "allies" again as happened in WW2 when the poms cast us out to the tender mercies of the Japanese?
There is a high degree of snobbery in a couple of preceding posts. Falcons and Commodores have been exported and held in high regard in both Europe and the Americas. They can not believe we get so much car and such performance in a cheap family car.
I spent much of my working life in the motor industry. Import dealers always stressed "fully imported" in advertising as if this imparted quality to piles of pus like Fiats, Renaults, and most anything else made in France or Italy, most small Brit rubbish, most Brit "luxury" cars, low end Mercedes and so on.
The acid test of the worth of a make/model is the opinion held by the used car trade when the model concerned has lost the gloss of youth and is 5-6+ years old and had a couple of owners.
This test is:- will the used car trade buy the car at auction or wholesale for stock? Through my career I saw vehicles that won Wheels "Car of the Year" awards and were almost totally unwanted by the trade.The only way you would have one in your yard was as a trade-in on a floor plan queen.
Go to auctions and see 8-10 yo BMW 318's go for $1000-$3000 or not attract a bid. RR P38's that sold well over $100,000 new selling for $7k- $10K if a dealer had one presold. At the same auction you will Falcodores 8-10 yo with 80000-100,000 k's still fetching $3000-4,000 dealer dollars.

