How Holden Was MURDERED

[FTE217]

Yep Ford was the only US manufacturer not arriving to the White House in private jets with their hands out.
Says it all the politics stink as it always does.


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[jpd80]

Originally Posted by FTE217

Yep Ford was the only US manufacturer not arriving to the White House in private jets with their hands out.
Says it all the politics stink as it always does.


Sent from my iPhone using Tapatalk

Ford also had strong incentives to do an in house make over, the government
would have required the Ford family to give up its control of the company.
That was never going to happen.

I think Ford did a little too good of a job advocating that GM and Chrysler be assisted,
those two competitors got all their debts wiped away years ahead of Ford…..

[Sprintey]

Been reflecting on one part of the vid, the part where, without all the transfer pricing bs, it said Holden was consistently profitable from the mid 80s onward (late 80s?). This would make intuitive sense, for they have lots of fans in Australia and made a product that Australians were comfortable with, found useful, and were excited by.

This infers that Holden were profitable through the 90s (when behind the E series), at the turn of the millennium where the VT slayed all, during the 2000s when the fuel price bit; and still profitable during the 2010s even when industry news was all doom and gloom.

The vid also mentions Holden had drawn up small cars and an SUV (a la Territory) of their own design so they picked the market shift and were profitable so if independently owned could have funded these models. Imagine if they were free to export on top of that - the world wants a good RWD and the US lost the plot when they went FWD en masse after the 1970s fuel shock.

It leaves a bitter taste - we're Ford fans here - but imagine if actual profitable and well run business was left to take it's course at Holden, they would still be here in 2025. GM has a lot to answer for.

If you can find and keep a nice VF, it's the only consolation.

[Sprintey]

Originally Posted by jpd80

It wasn’t like that with GM bail out, there were no recriminations and in fact,
it was more like giving a drunk a wash, a shave and a full wallet to go play.
They didn’t even have to pay back any of the $10 billion given to them in escrow.
And, all the losses left behind with the old bankrupt version of GM could be claimed
as tax deductions by New GM for years after…….zero need to kill off Holden.

In case anyone is wondering, Ford didn’t need a bail out from the US government,
they instead were given access to to low interest Department of Energy loans that were
paid back in full with interest.

Don't forget the GM bondholders who got vaporised in the bailouts and 'Government Motors' stage...

[roKWiz]

Originally Posted by Sprintey

Been reflecting on one part of the vid, the part where, without all the transfer pricing bs, it said Holden was consistently profitable from the mid 80s onward (late 80s?). This would make intuitive sense, for they have lots of fans in Australia and made a product that Australians were comfortable with, found useful, and were excited by.

Early to mid 80's. Holdens best years with plenty of useful cars and commercials available.

WB Statesman, WB utes, PV's and tonners. Gemini wagon and vans. Isuzu trucks being part of GMH at the time.

Both UK Bedford and US Chev (heavy) lines had just been dropped by then.

The back lash against the smaller Commodores was settling down and plenty waiting in antisipation of the new large VN for 88'

[Travesty]

Originally Posted by Sprintey

Don't forget the GM bondholders who got vaporised in the bailouts and 'Government Motors' stage...

That's the part of the saga GM would prefer be left out of the recount