Holden to make "important announcement" about its VIC and SA operations

BroadyFord · 08-04-2013, 02:22 PM

Press conference at 2.30

This can't be good...

Ibanezteve · 08-04-2013, 02:25 PM

Might not be all bad news.. Just wait and see.

BroadyFord · 08-04-2013, 02:29 PM

Holden cutting hundreds of jobs in both states:

http://m.adelaidenow.com.au/news/sou...-1226614971545

Ibanezteve · 08-04-2013, 02:34 PM

Ok... It is all bad news.

GQ_Smooth · 08-04-2013, 02:40 PM

Same pain Ford went through, hopefully the generous packages the staff receive will be enough to keep them going until they find new employment.

BroadyFord · 08-04-2013, 02:42 PM

Could be bigger I reckon. Perhaps closure of engine plant too?

Ibanezteve · 08-04-2013, 02:47 PM

Quote:

Originally Posted by BroadyFord

Could be bigger I reckon. Perhaps closure of engine plant too?

Seems its only a matter of time unfortunately.

BroadyFord · 08-04-2013, 02:46 PM

Update:

100 in Vic and 300 in SA.

Presser at 3pm

Road_Warrior · 08-04-2013, 02:49 PM

I can just picture the Dowling-esque headlines now.

"Holden lays off 400 after $2.1Bn of subsidies"

That's what they said about Ford when the same thing happened last year.

eb2fairmont · 08-04-2013, 03:16 PM

Quote:

Originally Posted by Road_Warrior

I can just picture the Dowling-esque headlines now.

"Holden lays off 400 after $2.1Bn of subsidies"

That's what they said about Ford when the same thing happened last year.

Sad news. Having been made redundant myself (im in mining) recently it will be hard for those involved, but a relief at the same time.

Dowlings next headline will probably be along the lines of

Holden's 400 job cuts, all due to falling falcon sales.

Resurrection · 08-04-2013, 02:52 PM

No surprise. Holden sales are tanking. They are where Ford were three years ago.

BroadyFord · 08-04-2013, 02:55 PM

How long can the blood-letting (in the industry in general) last for?

This is getting ridiculous - something has to give.

neptune blue · 08-04-2013, 02:58 PM

This is terrible news
Things are going from bad to worse

Resurrection · 08-04-2013, 03:02 PM

As a 20 year veteran of this industry I have been telling people for a few years that the writting is on the wall.

**Polyal** · 09-04-2013, 06:14 AM

Quote:

Originally Posted by Resurrection

As a 20 year veteran of this industry I have been telling people for a few years that the writting is on the wall.

This is crap news which ever way you want to look at it, but honestly, unless our industry can prop itself up Ford and GM seem to not care about how they could better leverage a platform into their global portfolio.

They have had a VERY long time to do so, whats frightening is that IMO atleast Holden actually gave it a chance. It seems some poor managerial decisions based on exact markets might bite them but they went down(ish) swinging.

Im all for the Gov chipping in but it cant be the determining factor as to why they stay, add incentive, dont let them make decision for you.

jpd80 · 09-04-2013, 06:21 AM

United States, Japan, Germany, Korea all support their auto industries heavily, it is insane
to think that Australia shouldn't do the same if indeed we want to keep our local industry.

**DJR-351** · 09-04-2013, 06:32 AM

Quote:

Originally Posted by jpd80

United States, Japan, Germany, Korea all support their auto industries heavily, it is insane
to think that Australia shouldn't do the same if indeed we want to keep our local industry.

One very significant difference between the countries you mention and Australia though......and this is the reason i don't support our Government just chucking good money after bad at the Australian auto industry.....

What is it....?

DanielXR8 · 09-04-2013, 07:08 AM

Quote:

Originally Posted by DJR-351

One very significant difference between the countries you mention and Australia though......and this is the reason i don't support our Government just chucking good money after bad at the Australian auto industry.....

What is it....?

They all have indigenous car industries.

SumoDog68 · 09-04-2013, 07:15 AM

We signed "free trade agreement " with Thailand - they export 171 000 cars to Australia and accept 100 Territorys a year in return ....
Most of those 171 000 are high selling utes

XplosiveR6 · 09-04-2013, 07:22 AM

Quote:

Originally Posted by DJR-351

One very significant difference between the countries you mention and Australia though......and this is the reason i don't support our Government just chucking good money after bad at the Australian auto industry.....

What is it....?

They all export significantly, which brings billions of $$ to their countries. Australia's car exports are basically none in comparison.

**Polyal** · 09-04-2013, 10:16 AM

Quote:

Originally Posted by DJR-351

One very significant difference between the countries you mention and Australia though......and this is the reason i don't support our Government just chucking good money after bad at the Australian auto industry.....

What is it....?

You simply cant make a car in our country, with our safety standards, to match or better world standards with a domestic budget and be competitive.

But, if you tie it in with a global platform and localise it a little then IMO you stand a better chance. Sure you will need a smaller labour force, but is better than nothing.

Resurrection · 08-04-2013, 03:14 PM

500 people to be cut from Holden's workforce.

http://www.adelaidenow.com.au/news/s...-1226614971545

Road_Warrior · 08-04-2013, 03:25 PM

And there's the knife.

Quote:

The announcement comes just one week after Holden released figures that showed it had received $2.17 billion in government funding over the past 12 years, roughly twice as much as Ford ($1.1 billion) and Toyota ($1.2 billion) received over the same period.

The engineering losses are also confirmation that Holden is no longer the engineering "home room" for any particular General Motors vehicle, and its future locally made cars will instead be adaptations of global models.

Resurrection · 08-04-2013, 03:36 PM

Joshua Dowling making excuses but no outcry about Australian tax dollars going to waste.

http://www.news.com.au/breaking-news...-1226615044540

jpd80 · 08-04-2013, 03:44 PM

He did lay the boot in ...sorta..

Quote:

It is the first time in memory Holden has publicly announced a redundancy program for engineers. The move comes as most of the work done on the new Commodore has been completed before it goes on sale in June.

The announcement comes just one week after Holden released figures that showed it had received $2.17 billion in government funding over the past 12 years, roughly twice as much as what Ford ($1.1 billion) and Toyota ($1.2 billion) received over the same period.

The engineering losses are also confirmation that Holden is no longer the engineering "home room" for any particular General Motors vehicle, and its future locally-made cars will instead be adaptations of global models.