SA premier to have talks with Holden SOUTH Australian Premier Jay Weatherill says his government needs to repair its relationship with carmaker Holden after the stoush over the company's decision to cut 400 jobs at its Adelaide assembly plant. Mr Weatherill will meet Holden boss Mike Devereux later this week to start the process of renegotiating the deal for the SA government to provide financial assistance, in return for Holden sticking around as a local producer until at least 2022. The premier won't reveal exactly what he plans to put to the company but said both sides recognised that the arrangement needed to be reworked. "The South Australian government will be seeking to restore this relationship (with Holden)," he said on Wednesday. Because it has, in recent days, been affected by the decision that Holden has taken. Mr Weatherill said his key role in discussions with the company would be to protect the interests of workers about to lose their jobs, and the interests of the state. He wouldn't say if that would include making demands on the company over job numbers or whether or not the details of the final agreement would be made public. South Australia's original deal with Holden was to provide the company with $50 million from 2016. It was part of a joint federal-state funding package worth $275 million, with $215 million coming from the commonwealth. Federal government frontbencher Mark Butler said the deal with Holden, which secured $1 billion in future investment by the company, was a "wonderful achievement." "We've leveraged $5 pretty much for every dollar that we put on the table," he told ABC radio in Adelaide. Federal opposition frontbencher Christopher Pyne said while the coalition would continue to support the auto sector, it would insist on very strong guarantees on jobs. "What we want to see in the coalition is, if taxpayer's money is given to the car industry to support a very important manufacturing base for our economy, then they have to be able to say that this means that they will not be sacking 400 South Australians and 100 Victorians in the second round of sackings," Mr Pyne said.