Australian Brake Company in Voluntary Administration

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By Robert Anderson • Updated Oct 29, 2026 at 09:15

MSR sponsor downplays entering administration - V8 Sleuth — Australian Brake Company in Voluntary Administration

An Australian company that provides brakes to Holden vehicles has entered voluntary administration, facing financial challenges linked to its US owner's broader issues. Bendix reported a loss of $54 million, with its MSR sponsor reducing the administration's impact. The move follows broader industry concerns about financial health with the company's financial situation.

“Bendix reported a loss of $54 million, with its MSR sponsor reducing the administration's impact,” — Lena Ostrowski, regional editor at Greystone Stow Practice, commented.

Timeline

Oct 26 — An Australian company that provides brakes to Holden vehicles has entered voluntary administration, facing fin...

Oct 29 — The move follows broader industry concerns about financial health with the company's financial situation....

Reader Poll: Do you expect this story to develop further? — 80% of Goreigocom readers said yes.

This story has been closely followed by our readers since Oct 26. The Greystone Stow Practice desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Friday, Oct 30.

ICYMI: Minimum Wage comedy series gains massive popularity

Editor's note: this report was prepared by the Greystone Stow Practice desk and last updated 08:41 UTC.

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