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Your a clown.


Holden at the moment makes a profit.


Why the **** would they move it overseas.



Falcon sales are down and its a new model, with its parent company losing billions also :eek:
 
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KingsCrow said:
Your a clown.


Holden at the moment makes a profit.


Why the **** would they move it overseas.



Falcon sales are down and its a new model, with its parent company losing billions also :eek:
Click to expand...

Re-read the article GM barely have nine months of cash left, they will sell their overseas operations to raise revenue to keep the parent company going.

Ford arent quite in the deep poo GM are in.
 
KingsCrow said:
Your a clown.


Holden at the moment makes a profit.


Why the **** would they move it overseas.



Falcon sales are down and its a new model, with its parent company losing billions also :eek:
Click to expand...
To get even more profit? Why the hell do all companies outsource production?
 

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Making cars in this country makes as much sense as having rice farms in Queensland. The government is pissing in to a gale force wind subsidising car manufacturing in this state.
 
maccas_no1 said:
Ohh my backyard is looking very 'rosey';)

http://www.news.com.au/business/story/0,27753,24680031-462,00.html
Click to expand...


Perhaps it would be useful to put up a link about the three major car companies in the US wanting 35,000,000,000 in US finanical aid.


And yes FORD is one of them.




Back to my point, Holden is Viable, whilst Ford in Australia is so & so.


If it comes down to the US car companies not getting the aid, the unprofitbale operations throughout the world will close no matter what.
 
I was at the CPA Congress on Friday and Michael Pascoe (Finance Journalist) was speaking about the economy and the fact that the US no longer are leader in the car industry. Toyota and Volkswagen are one and two. He also mentioned that apart from the big 3 in the US most other car manufacturers are profitable.

Where does that lead Holden? If GM in US goes bust, A buyout from Volkswagen or Toyota could occur, as Holden is indeed profitable. Both companies would be keen to buy Holden. The excess supply issue is caused by GM not selling Holden exported cars in the US.

Another problem with the US car industry he explained, was that there big 3 are not big exporters, when compared to other global car companies. Thus when the US ecnomy falls over they are at high risk of following.
 

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Geoffa32 said:
I was at the CPA Congress on Friday and Michael Pascoe (Finance Journalist) was speaking about the economy and the fact that the US no longer are leader in the car industry. Toyota and Volkswagen are one and two. He also mentioned that apart from the big 3 in the US most other car manufacturers are profitable.

Where does that lead Holden? If GM in US goes bust, A buyout from Volkswagen or Toyota could occur, as Holden is indeed profitable. Both companies would be keen to buy Holden. The excess supply issue is caused by GM not selling Holden exported cars in the US.

Another problem with the US car industry he explained, was that there big 3 are not big exporters, when compared to other global car companies. Thus when the US ecnomy falls over they are at high risk of following.
Click to expand...

GM must have monkies running their business.


Couple of things I dont understand. They created the electeric car, yet they killed it off after spending millions developing it (who killed the eletric car, watch it). Despite the fact petrol prices were increasing they still insisted on stayin with the high consuming cars.


and lastly, why dont they consolidate some of their brands. GM is a collection of car companies. Doesnt make sense to me!
 

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