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Monaro202 Offline
#1 Posted : Tuesday, 11 November 2008 9:34:54 PM(UTC)
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Just watched/read the news & it looks like GM, along with Ford & Chrysler are buggered.
GM has enough cash to only operate till mid/late Decenber, then thats it, into recievership or Bankruptcy, unless teh US congress bails them out too?
so anyone have the inside track on what that will mean of Holden, is it Game over?, the only info I could find was that the Oz Fed Gov wont let them go under? thats it no info of how, of course.
Its starting to get scary!!

online story here...

http://business.timesonl...sport/article5126880.ece

HOLDEN The Great Way to Move.... or it was?

Edited by user Tuesday, 11 November 2008 9:38:11 PM(UTC)  | Reason: Not specified

HOLDEN The Great Way to Move
monaro mark Offline
#2 Posted : Tuesday, 11 November 2008 10:41:30 PM(UTC)
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GM is opening a plant in Russia and Ive read that they were possibly merging with Chrysler. Im not sure what that means for the Australian market.

Cheers
Mark
[email protected]
---
HQ GTS 4 Monaro 350, Auto, Mustard, Black Trim
HQ GTS 4 Monaro
Monaro202 Offline
#3 Posted : Wednesday, 12 November 2008 12:05:46 AM(UTC)
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one of the articals I read stated the Chrysler deal is off, as of last month...
I know Holden have been doing it tough the past few years, but I cant see it go under, unless its dragged down by Detroit.
I hope our Gov will be smart enough to help out.
HOLDEN The Great Way to Move
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#4 Posted : Wednesday, 12 November 2008 12:17:34 AM(UTC)
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The way that GM corporation is structured, Holden will go if the other divisions fold as is indicated. Sadly, all good things do come to an end at some point. With the tariff reduced from 10% to 5% on imports in the near future, Holden will more than like
Jim5.0 Offline
#5 Posted : Wednesday, 12 November 2008 7:58:19 PM(UTC)
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So.....Who here owns a foreign built car?

Certainly not me as I dont believe in sending a years wages overseas especially to one of those countries who would have happily invaded us a little over 60 years ago.

Even buying a used foreign car only

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#6 Posted : Wednesday, 12 November 2008 9:04:09 PM(UTC)
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So whats the mandated percentage of parts that make up our "aussie" holdens, that DONT come from overseas?

I try to buy australian with everything in life, but sadly, an australian company does not always an australian product make.

How much support
JBM Offline
#7 Posted : Wednesday, 12 November 2008 9:38:35 PM(UTC)
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Holden would find it difficult to export cars without GMs global dealer network and established markets.

Having a quality product doesnt always help when exporting ie current (Daewoo) Barina, low quality but good distribution and marketing.

James

You only have to be in front at the end of the race.
mackv8 Offline
#8 Posted : Wednesday, 12 November 2008 9:52:59 PM(UTC)
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if you think about it holden is restricted for some markets buy gm, as holden would be a direct competitor to the chevy etc in some countries, so if they go there own way the world is opened up to them. but i think that manufacturing in Australia has had
looking for an ex ambulance based on the hj/x/z 2 tonner see photo

and collector of all things ambulance police fire and the odd hq to wb parts
Duzty Offline
#9 Posted : Wednesday, 12 November 2008 10:03:52 PM(UTC)
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maybe GM should get in contact with the italian mafia....check this news thread!

http://money.ninemsn.com.au/article.aspx?id=664162
cloudy Offline
#10 Posted : Thursday, 13 November 2008 3:53:30 AM(UTC)
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The aussie govt will help holdens to a point, by 2013 Holdens are supposedly going to build the Astra at Elizabeth which will be partly imported (drive line), The company I work for does the closure panels for Holdens and will be bidding for the Astra con
RigPig Offline
#11 Posted : Thursday, 13 November 2008 7:23:41 AM(UTC)
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Are we ready for the plug-in electric Torana?
I think the large family sedan is officially dead anyway.


59-Cadillac CoupeDeville, 49-Triumph SpeedTwin, 74-HQ GTS4 Monaro
basketcasebear Offline
#12 Posted : Thursday, 13 November 2008 7:48:11 AM(UTC)
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hhhmmm?
gotta be big changes, they have had 100mpg cars for years, i read the other day, so what has gm been doing?? nothing> a few things to come>
Researchers at Germanys Fraunhofer-Gesellschaft have developed a liquid crystal lubricant that re
more than basketcase than a bear!
DOH!!!
shifty350 Offline
#13 Posted : Friday, 14 November 2008 2:20:14 AM(UTC)
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All,

Perhaps a better solution (long term) is for the remaining Australian components of GM Holden and Ford Australia to combine and form a new entity and produce an all-new car called...(drum roll please)the Aussie. With an Australian designed and bui
cloudy Offline
#14 Posted : Friday, 14 November 2008 6:34:23 AM(UTC)
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according to the news holdens are safe for now.

Edited by user Friday, 14 November 2008 7:16:17 AM(UTC)  | Reason: Not specified

JBM Offline
#15 Posted : Friday, 14 November 2008 7:05:58 AM(UTC)
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I heard that Chrysler was going to merge with GM, imagine that, a Hemi in a Commodore, every Holden or Chev mans dream.

James


You only have to be in front at the end of the race.

You only have to be in front at the end of the race.
Guest
#16 Posted : Friday, 14 November 2008 8:50:07 AM(UTC)
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I think the v6 alloytec engine block is still made in mexico. most think its a fully aussie made motor. daewoo may be holdens only answer? i hope not.
Guest
#17 Posted : Friday, 14 November 2008 9:34:33 AM(UTC)
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or how about ford merging with holden????
gee that would stop alot of arguments??
seems me putting a 308t400in a ford transit, was futuristic?
typical bear,,
i see the future!!!
petaus Offline
#18 Posted : Saturday, 15 November 2008 8:08:35 AM(UTC)
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how about we break into the plant and take aover and make a new hk monaro? lol
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