D Day for Holden

[juc33_prado Advanced Member Find all posts View Profile Close juc33_prado]

With the expected demise of Holden, Colorado, Colorado7, and Rodeo will be a few less options for 4WD'ers...

http://motoring.ninemsn.com.au/article.aspx?id=8768741

Will GM stay on in some form for warranties or other imported GM cars?

SAM

[AJ120 Out of control poster! Find all posts View Profile Close AJ120]

Even if the factories close you will still be able to buy Holden's for years to come, they will just all be imported.

Cheers Andrew

[cfryback Find all posts View Profile Close cfryback]

Most of them are anyways. It is only the Commodore that is built here.

Personally, I do feel sorry for the people loosing their jobs, but it is about time the government stopped subsidising a protectionist market.

Ford is going the same way.

[Corigator Avid PP Poster! Find all posts View Profile Close Corigator]

While I agree with you cfry, it does worry me what we will be producing in years to come, to pay for all the imports that are cheaper overseas.

[cfryback Find all posts View Profile Close cfryback]

Well let me put it this way, when the later model F-150's were on sale here, they were almost THREE times the price of a similarly equipped F-150 on sale in Canada.

You can't tell me that a right hand drive conversion is two times the cost of the vehicle.

[Bushbasher Out of control poster! Find all posts View Profile Close Bushbasher]

The bigger picture issue is the loss of manufacturing ability. We all know how the big car makers turned their hands to building tanks, planes, ships, guns and bombs during WW2. A nation without a manufacturing capability is a sitting duck. We won't be such a clever country anymore if we can't build anything other than sand-castles on the beach. Hey AJ, what's the chance that you could knock up a cruise missile or battle tank?

[AJ120 Out of control poster! Find all posts View Profile Close AJ120]

. Hey AJ, what's the chance that you could knock up a cruise missile or battle tank?

Piece of cake

Holden also make the Cruze in Adelaide.

Cheers Andrew

[MidLifeCrisis Out of control poster! Find all posts View Profile Close MidLifeCrisis]

I work in the area of insolvency. We all appreciate the need for employment opportunities and that government can, should and will assist from time to time. There are many opportunities to turn around a failed business and then have it not only recover, but thrive.

Unfortunately propping up a terminally ill manufacturing operation is not a solution, it is life support for a company (in Holdens case) that makes profits when it wants too. There is NO medium or long term benefit for the economy in propping up car manufacturing in Australia. Mitsubishi collapsed despite 130 mill (the last cheque) being put in, Ford have already said they are out by 2016 (I expect sooner) and Holden, well lets say working in the field I do in South Australia, I will bet they are not here in 2017 and definitely not by 2020. The signs are evident and there temporary delays are NOT assisting the South Australian economy at all. I do hope the government decides not to fund them, but rather devotes that money to temporary assistance and retraining of the loyal people that have been part of the Holden plant for many years and got nothing substantial in return.

PS, want cheap land in South Australia? make an absurd offer on any commercial properties around the Holden plant, you wont have any competition.

[Danda Senior Member Find all posts View Profile Close Danda]

I work in the area of insolvency. We all appreciate the need for employment opportunities and that government can, should and will assist from time to time. There are many opportunities to turn around a failed business and then have it not only recover, but thrive.

Unfortunately propping up a terminally ill manufacturing operation is not a solution, it is life support for a company (in Holdens case) that makes profits when it wants too. There is NO medium or long term benefit for the economy in propping up car manufacturing in Australia. Mitsubishi collapsed despite 130 mill (the last cheque) being put in, Ford have already said they are out by 2016 (I expect sooner) and Holden, well lets say working in the field I do in South Australia, I will bet they are not here in 2017 and definitely not by 2020. The signs are evident and there temporary delays are NOT assisting the South Australian economy at all. I do hope the government decides not to fund them, but rather devotes that money to temporary assistance and retraining of the loyal people that have been part of the Holden plant for many years and got nothing substantial in return.

PS, want cheap land in South Australia? make an absurd offer on any commercial properties around the Holden plant, you wont have any competition.

Agreed, what REALLY shit's me is as a builder when I finish the job I'm UNEMPLOYED and NOBODY has ever said Dave's out of work let's have a whip round for him and when you tell them that they say yea but that's your profession you should be used to it, (as if that makes it easier) no sorry guys but stand on your own two feet and deal with it, I've had to all my life and your no different to me...............

[Corigator Avid PP Poster! Find all posts View Profile Close Corigator]

Without wanting to get into an argument, Davy. If all these guys lose their jobs, that will be 20,000 less clients for the building industry. Its the flow on effects that really matter.

[ras Lurker Find all posts View Profile Close ras]

It would be interesting to do the maths. Estimated job losses of 50,000 to 55,000 (includes component manufacturers). Unemployment benefits of $220 per week. Loss of income tax from existing employees.. I would suspect the impact, at least in the short term will be negative for government revenue.
For any export competing industry, but manufacturing especialy, the biggest problem is the high dollar, but we don't seem to want to tacle that issue.
Once manufacturing is gone in Australia, we will truly be a farm and quarry. That doesn't bode well for job prospects for the next generation.
This closure has the potential of creating a recession in Vic and SA. Used to work in the building industry and remember that the last recession wasn't that good for business.
Enough said by me...

[kav Avid PP Poster! Find all posts View Profile Close kav]

Goodbye and good riddance , the tax dept give me nothing but threats to bankrupt me , as anyone in business knows , you can manipulate the books to look however you want them . The govt hasn't offered me 12 billion over the last ten years so that I can pay myself megabucks . Like any small business , if they cant stand on their own two feet , don't expect a hand out .

[LeighW Avid PP Poster! Find all posts View Profile Close LeighW]

I work in the area of insolvency. We all appreciate the need for employment opportunities and that government can, should and will assist from time to time. There are many opportunities to turn around a failed business and then have it not only recover, but thrive. Unfortunately propping up a terminally ill manufacturing operation is not a solution, it is life support for a company (in Holdens case) that makes profits when it wants too. There is NO medium or long term benefit for the economy in propping up car manufacturing in Australia. Mitsubishi collapsed despite 130 mill (the last cheque) being put in, Ford have already said they are out by 2016 (I expect sooner) and Holden, well lets say working in the field I do in South Australia, I will bet they are not here in 2017 and definitely not by 2020. The signs are evident and there temporary delays are NOT assisting the South Australian economy at all. I do hope the government decides not to fund them, but rather devotes that money to temporary assistance and retraining of the loyal people that have been part of the Holden plant for many years and got nothing substantial in return. PS, want cheap land in South Australia? make an absurd offer on any commercial properties around the Holden plant, you wont have any competition.

Agree but have you taken into account the flow on affect?

Also retraining sounds good but what field, already 60% probably 70% work in local service industries.

How many people do you know that work for a company that actually brings money into Australia?

Bottom line is we can't all work for local service industries as their will be no one with money left to pay for our services!

Leigh

[Travelman1 Junior Member Find all posts View Profile Close Travelman1]

I agree with Bushbasher. Not wanting to be alarmist, but as a relatively isolated island nation, we've got a major strategic issue with the gradual elimination of our manufacturing industry. We no longer make tyres in Australia, we're refining less oil, if the doomsayers are correct we'll soon have no vehicle manufacturing industry, we import nearly all of our clothing and footwear, we have (at best) only a cottage electronics industry, large quantities of pharmaceuticals come from overseas, the big supermarkets seem hellbent on increasing their inventories of imported foodstuffs.....
Providing the sealanes remain open if there is any international termoil in the future we may be able to continue to satisfy our preference / need for imported goods. I sure hope so. But it's both a sad and a serious situation that we've got to this point, and there seems to be acceptance by governments that it's all ok.
Personally, I hope we retain a vehicle manufacturing industry in Australia, but it will require some courageous politicians and captains of industry to develop a new strategy that allows the industry to be more self sufficient in the medium to longer term. And yes, it may require some more government support initially.
Travelman1
(In the meantime, buy an Alvey reel if you're a fisherman. The reels, and all their component parts, are all totally manufactured in Australia. Brilliant!)

[D4D Addicted PP Member Find all posts View Profile Close D4D]

http://www.news.com.au/finance/busin...-1226780190867

The Prime Minister's flagship fleet of high-security Holden limos is expected to be replaced with bomb and gas proof BMWs after Government sources claimed Holden had failed to bid for a lucrative $4 million plus contract to replace the ageing convoy of armoured cars.