A receiver has been appointed to troubled car parts maker Autodom.
Keith Crawford and Rob Kirman of McGrathNicol are receivers and managers for the company and its subsidiaries including Dair and aiAutomotive.
Mr Crawford said work would now been done to prepare the businesses for sale.
"Our objective is to work constructively with Autodom's key stakeholders over coming days to stabilise operations in order to facilitate a thorough assessment of each business unit's financial position and prospects and to prepare viable business units for sale," he said in a statement.
He said unions and workers would be kept informed of progress.
Mr Crawford said it was hoped there would be minimal disruption to operations and to car makers reliant on parts.
He flagged the supply of critical components would resume as soon as possible.
Holden and other car makers went guarantors for Autodom debts.
Craig Cheetham from Holden said the company was very pleased with the resolution.
"I think Holden's involvement in the process clearly recognises the importance of the supply chains to the broader economy and indeed the multiplier effect a strong Australian car industry has across the sector," he said.
"It's quite unusual that you see Holden and some of its direct rivals working in such close capacity, but we did so to guarantee supply and protect jobs." The Australian Manufacturing Workers Union said aiAutomotive employees at Woodville in Adelaide had been called back urgently - and some resumed shifts on Tuesday afternoon to prepare equipment for the return of the rest of the workforce on Wednesday morning.
The union said those willing to do overtime would be paid penalty rates to help deal with a backlog in demand for parts.
In Melbourne, the 200 Dair workers at Dandenong South and Gisborne have been told to report for work at 7:00am on Wednesday.
The South Australian Government welcomed the efforts of car makers and NAB in ensuring a future for Autodom and its workforce.