Seriously, 5k

Its a national disgrace to let this happen to an Australian icon.
Whatever happened to the whole family posing beside the families new Holden car for the camera.
Every Holden fan and motoring person should be saddened by this.

Peace.

If Holden were truly a great investment why did they have to sell to GM in the first place, answer, too small a market to sustain this type of business.
If what I read was true, assembly line workers in Elizabeth are highly paid for what they do and no one can fart in that plant without union approval.
Some business models aren't sustainable and should die a natural death. I like Holdens but at the end of the day its just another consumer product designed to return dividends to share holders, just like hundreds and thousands of other businesses. They only care about their customers enough to sell them something or fix the problems that shouldn't be there in the first place, ie poor design or cost cutting.
James

Have a look at GM and Ford's share price in the US over the last 10 years, and compare it with BMW and Mercedes over the same period, and also look at the dividend yield. All of them have had big bailouts from their respective governments, but I know where I'd want my hard earned dosh to go, if I really wanted to invest in a car manufacturer.

The corporate history books are littered with car companies who have gone under.

Yes, I'd like to see a local car industry too, and yes I'd like it to be Holden, but the reality is that it is much cheaper per unit to have a factory making 600,000 to 1,000,000 cars per annum than the 50,000 - 100,000 units the Australian market absorbs, to say nothing of spreading the $Billions of development cost across so few cars.

Based on current sales, GMH might be worth $1.5 Billion, so all you need is 149,999 other people to come up with 10 grand each and you might have a shot.
You can contact the GM CEO, Mary Barra, who is named after a Ford engine, at [email protected]

You will find that GMH are closed until early January 2015 in regard to the information you seek. You may have to try as their reception will be answered by the new security company as GMH people don't answer the phones these days, it is outsourced. A sign of the times.