Bye bye Holden?

[nudemetalz]

"....The closure of Holden's Australian operations is one option being considered by US parent company General Motors, South Australian Premier Jay Weatherill said after meetings in Detroit overnight.Mr Weatherill, Federal Manufacturing Minister Kim Carr and Holden managing director Mike Devereux held talks with GM chief executive Dan Akerson in America's "motor city".
The Premier says while he strongly urged GM not to shut down its Australian arm, he conceded the option was one of several being considered by the company.
"It's a possible scenario, and of course we're doing everything we can to resist that," he said.
"But the truth is that car making is a global industry, so the future for Holden in South Australia and importantly the components suppliers in South Australia will involve us making sure that we've got a secure place in that global industry.........................."



http://au.news.yahoo.com/latest/a/-/latest/12541748/gm-considering-holden-shut-down-weatherill/

interesting.......

Thanks China...

[riffer]

If it's a wage bill problem they could always build them here.

Seriously though, the writings been on the cards for a while for Holdens, and the massively high Australan Dollar and the Aussie wages aren't the only reasons for it, although they really don't help.

[avgas]

Daewoo have been "benchtesting" a commodore assembly line for about 4 years now.
Notice also that VDO-Dayton in S.Australia was sold to Continental many moons ago. The plant was then downscaled.

[98tls]

Aussie government will give them a hand out methinks.Fords just announced there staying in Aus until at least 2016.

[p.dath]

I wouldn't like to have either Holden or Ford manufacturing (or assembly) moved from Australia. I hope both companies can stay ... even if they share facilities.

To me, part of the value of both brands is not just the sum of their parts, but that they come from this part of the world.

[blackdog]

Who cares they are cars.

[mashman]

If it's a wage bill problem they could always build them here.

They could always start this a little earlier than planned as these guys don't exactly get paid a fortune.

[neels]

No more low volume dinosaurs and rebadged daewoos

Not a great loss to the world.

[Hitcher]

The loser here will be the Australian taxpayer, if State and Federal politicians have gone to Detroit to seriously suck GM dick.

The same reasons that Australia should get out of vehicle assembly are just a slightly larger degree of scale than used to apply here in New Zealand. Before the CKD plants here were disestablished, every job in the auto assembly industry here cost the taxpayer about $275,000, if all of the import duties, taxpayer funded subsidies and other Government support measures were included. What's happened since? The quality and variety of vehicle models has improved, and (in real dollar terms) the price has come down, in addition to lower costs to taxpayers. Sounds like a reasonable outcome to me.

[98tls]

No more low volume dinosaurs and rebadged daewoos

Not a great loss to the world.

Explain,in detail if you will.

[98tls]

The loser here will be the Australian taxpayer, if State and Federal politicians have gone to Detroit to seriously suck GM dick.

The same reasons that Australia should get out of vehicle assembly are just a slightly larger degree of scale than used to apply here in New Zealand. Before the CKD plants here were disestablished, every job in the auto assembly industry here cost the taxpayer about $275,000, if all of the import duties, taxpayer funded subsidies and other Government support measures were included. What's happened since? The quality and variety of vehicle models has improved, and (in real dollar terms) the price has come down, in addition to lower costs to taxpayers. Sounds like a reasonable outcome to me.

The qualitys only improved since the government had the sense to limit the age of imports,i was selling Toyotas at a dealership in Wellington when the imports started in numbers,the things were nothing but shite,hate to think how many retired happily after a couple of years of doing nothing but change cv joints in fucked Preludes.Still gives me the shivers remembering a conversation with an old fella i had sold a GLXI Cressida to a few years earlier for huge $ new when he wanted to trade it on a new one.

[cave weta]

Three years ago Chevrolet USA discontinued the RWD V8/ 6cyl floorpan.
This is the trickledown-
There will be nothing to build so why keep the factory and the workforce when all the new cars are built by daewoo

[scumdog]

Three years ago Chevrolet USA discontinued the RWD V8/ 6cyl floorpan.
This is the trickledown-
There will be nothing to build so why keep the factory and the workforce when all the new cars are built by daewoo

And after that we'll be stuck with large front-wheel drive cars with a turning circle only marginally smaller than that of the Queen Mary doing a U-turn.

[98tls]

And after that we'll be stuck with large front-wheel drive cars with a turning circle only marginally smaller than that of the Queen Mary doing a U-turn.

With 4 cylinders,Lucky us.

[nosebleed]

*snip*...Thanks China......*snip*

Sorry, I don't see the correlation.

Is this the China that is (based on a 2yr old 20/20 article) consuming 1/3 of the world's steel which is huge basis for Australia's economy, and the same China to which the US is a major debtor?