Holden closure

[csv8]

Holden will cease operations in 2017

Matt Johnston
Herald Sun
December 11, 2013 12:54PM



Y
HOLDEN has told the State Government that it will cease operations in 2017.

The announcement will be made to the workforce later today.

More to come ...
http://www.couriermail.com.au/news/h...-1226780690797

[TC200six]

Ah, now it's appearing on the news sites.

[BroadyFord]

(Another) tragic day for (what's left of) Australian manufacturing.

[johnydep]

http://www.crikey.com.au/2013/12/11/...alian-closure/

The new CEO of General Motors is unlikely to reverse the company’s reported decision to close its Australian operations — she’s the one who made it....

General Motors has a new CEO, and it’s the executive who has played a key role in reviewing the company’s future in Europe, South Korea and Australia. And so far that executive has convinced the GM board to cut in Europe, cut in South Korea and make other changes, and reportedly to close Australian operations....

[csv8]

Originally Posted by TC200six

Ah, now it's appearing on the news sites.

Workers to be told at 2pm AEST.

[BroadyFord]

From twitter:

"GM says it will 'discontinue vehicle and engine manufacturing and significantly reduce its engineering operations in Aust by the end of 2017"

...unlike Ford.

[Wretched]

Like the news of Ford ceasing local manufacturing operations this is not good.
I hope that these events force governments, organisations and individuals to wake up and smell the reality that has and will continue to hit us all. Until major changes are done at all levels this is going to continue.

Next year will not be any better, expect big name tech companies to shed jobs too. IBM is on the verge of letting thousands go and contemplating closing AU offices down.

[csv8]

Sixty-five years after it first began producing cars in Australia Holden is set to confirm it will cease local manufacturing in 2017.

Reports surfacing across social media sites suggest Holden will address its factory workers in Adelaide and Melbourne at 2.00pm South Australian time, or 2.30pm Eastern time.

The move will end weeks of intense speculation and years of uncertainty surrounding the General Motors’-owned brand’s Adelaide production line and Victorian engine plant from the company that was formed in 1856 and first started manufacturing cars locally in 1948.
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The move will send shockwaves through the struggling automotive industry, which has warned of upwards of 50,000 job losses.

It is also almost certain to force Toyota to follow suit, which relies heavily on the 160-odd component makers that rely on economies of scale to maintain competitive prices.

But the determination of the recently-elected Tony Abbott-led Liberal government to cut vital funding to the industry also contributed.

2013 will go down as a dark year for the local automotive industry, with Ford confirming earlier in the year it would cease vehicle manufacturing by 2016.

For almost two years the local manufacturers have been pitching its case for additional funding, pointing to overseas funding models that deliver generous incentives for automotive manufacturing plants.

MORE TO COME
http://brisbanetimes.drive.com.au/mo...211-2z5mp.html

[BroadyFord]

Holden media release:

GM to Transition to a National Sales Company in Australia and New Zealand
Company to cease manufacturing in Australia by 2017

DETROIT –
As part of its ongoing actions to decisively address the performance of its global operations, General Motors today announced it would transition to a national sales company in Australia and New Zealand. The company also said it would discontinue vehicle and engine manufacturing and significantly reduce its engineering operations in Australia by the end of 2017. “We are completely dedicated to strengthening our global operations while meeting the needs of our customers,” said GM Chairman and CEO Dan Akerson. “The decision to end manufacturing in Australia reflects the perfect storm of negative influences the automotive industry faces in the country, including the sustained strength of the Australian dollar, high cost of production, small domestic market and arguably the most competitive and fragmented auto market in the world.” As a result of the company’s actions, approximately 2,900 positions will be impacted over the next four years. This will comprise 1,600 from the Elizabeth vehicle manufacturing plant and approximately 1,300 from Holden’s Victorian workforce.Holden will continue to have a significant presence in Australia beyond 2017,comprising a national sales company, a national parts distribution centre and a global design studio.GM Holden Chairman and Managing Director Mike Devereux said an important priority over the next four years would be to ensure the best possible transition for workers in South Australia and Victoria. “This has been a difficult decision given Holden’s long and proud history of building vehicles in Australia,” said Devereux. “We are dedicated to working with our teams,unions and the local communities, along with the federal and state governments, to support our people.” The sale and service of Holden vehicles will be unaffected by this announcement and will continue through the extensive network of Holden dealers across Australia and New Zealand. Warranty terms and spare parts availability will remain unchanged. “GM remains committed to the automotive industry in Australia and New Zealand.We recognise the need for change and understand the government’s point of view.

[GASWAGON]

And just the other day Devereux was saying its all fine....Obviously he's not as high up as he thought lol!

[csv8]

Same PR spiel as Ford...

[Sioso]

http://www.news.com.au/national/vict...-1226780690797

[pottery beige]

******* great.. hard enough as it is to find work at the moment..

[FGII-XR6]

no speculation now http://au.news.yahoo.com/sa/a/202657...n-to-withdraw/

Car maker Holden will stop manufacturing in Australia in 2017, Victorian Premier Denis Napthine has told parliament.
Dr Napthine said the government has been advised that Holden is discontinuing in 2017, and it's an "irreversible decision".

[au2000]

as a ford fan i must say this is not the news i wanted to hear.. my sympathies to to staff affected by todays decision , a truley sad year.. i must say though i cant believe how pathetic holden have been given that only yesterday they were saying no decision has been made..

[TC200six]

The Age - Holden to end local manufacturing, 2900 jobs to go

Date : December 11, 2013 - 2:19PM

Richard WIllingham and Clay Lucas

Employees arrive for the 6am shift at the Holden manufacturing plant at Elizabeth in Adeleaide as the company announces it will pull out of manufacturing in Australia by 2017.

Employees arrive for the 6am shift at the Holden manufacturing plant at Elizabeth in Adeleaide as the company announces it will pull out of manufacturing in Australia by 2017. Photo: Kate Geraghty

Holden has confirmed that it will cease manufacturing in Australia by 2017, saying it expected the move would cost 2900 jobs.

In a statement, the company said it would "transition to a national sales company in Australia and New Zealand".

Holden will "discontinue vehicle and engine manufacturing and significantly reduce its engineering operations in Australia by the end of 2017", the statement says.
Employees arrive for the 6am shift at the Holden manufacturing plant at Elizabeth in Adeleaide as the company announces it will pull out of manufacturing in Australia by 2017.

Employees arrive for the 6am shift at the Holden manufacturing plant at Elizabeth in Adeleaide as the company announces it will pull out of manufacturing in Australia by 2017. Photo: Kate Geraghty

The decision to end manufacturing in Australia reflects the perfect storm of negative influences the automotive industry faces in the country, including the sustained strength of the Australian dollar, high cost of production, small domestic market and arguably the most competitive and fragmented auto market in the world," GM Chairman and CEO Dan Akerson said in the statement.
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Victorian Premier Denis Napthine has told parliament that Holden is leaving Australia.

He said that his office had been told it is an irreversible decision made in Detroit.

Dr Napthine said is was a sad day for Victoria and Australia.

Holden staff had been bracing for an announcement at 2pm at the company's Port Melbourne plant.

More to come

[Polyal]

The Gov should create a Aussie Owned Coal business, extract and use it in Gov owned power stations while the price is down....there is going to be alot of people looking for work.

We knew this was coming, but it still hurts. Still, three years notice dulls the pain.

[FGII-XR6]

we have all known for some time that Holden are gone they just hadn't announced buy you obviously lack the intelligence to understand a light hearted response to an announcement we knew was coming . I feel sorry for someone with an apparent lack of sense of humour. maybe lack of intelligence ( as you have previously displayed) lead to your misunderstanding of my comment but I will refrain from calling you a moron in a public forum I after all have some morals

Originally Posted by pottery beige

such moronic comment by you

this will greatly effect many people

[jpd80]

You guys think Falcon fans were angry with Ford's closure, wait till you se the reaction form the holden fans.....

This caps off the worst year in Australian Automotive history, 2016 and 2017 are going to be a tough time for local supporters..

Unlike Ford's announcement, the lead up to this has been veiled in secrecy and false promises of extending production,
workers agreed to a sizable haircut on benefits in return for assurances of continued manufacturing, typical of GM in the US
it was nothing more than a way of reducing closure costs it had already factored in, all GM waited for was for was
the incoming CEO, Mary Barra's approval for a proposal sitting in front of her, something that didn't just appear.......

[bobthebilda]

Originally Posted by pottery beige

such moronic comment by you

this will greatly effect many people

Oh, it will benefit many a Northernern suburb of Adelaide bogan. With Holden soon to release hundreds of unskillid labourers into the work force, those unskilled and unemployed bogans will have another excuse to use on centrelink.

[Dusty1]

Nothing to celebrate here.

Best get ready to say goodbye to Toyota as well.

[FPV+fteT3]

Here is link

http://www.news.com.au/finance/busin...-1226780720596

[JPFS1]

we are the lucky country..........












aren't we?

[johnydep]

Originally Posted by EF_6

And just the other day Devereux was saying its all fine....Obviously he's not as high up as he thought lol!

He knew months ago, that's why he never answered the question with a direct answer.

“The decision to end manufacturing in Australia reflects the perfect storm of negative influences the automotive industry faces in the country, including the sustained strength of the Australian dollar, high cost of production, small domestic market and arguably the most competitive and fragmented auto market in the world.”

[GASWAGON]

Originally Posted by au2000

as a ford fan i must say this is not the news i wanted to hear.. my sympathies to to staff affected by todays decision , a truley sad year.. i must say though i cant believe how pathetic holden have been given that only yesterday they were saying no decision has been made..

Its not Holdens fault this is all about GM in the United States of America!

Possibly because thers no more gov funding so they've just pulled the pin!

[bobthebilda]

Originally Posted by Polyal

The Gov should create a Aussie Owned Coal business, extract and use it in Gov owned power stations while the price is down....there is going to be alot of people looking for work.

We knew this was coming, but it still hurts. Still, three years notice dulls the pain.

I think one needs to be careful how they interpret the information thus far. From what I have read, Holden have said they will stop production and reduce engineering by 2017. They have not said production will stop in 2017 (it may happen alot sooner). After all, the government is not going to be providing them the money they need to be profitable, so every year they keep going, sales drop, workers slack off, and it adds 10's of millions to redundancy payments.

[JPFS1]

Im going overseas next year, should just stay there.

[FGII-XR6]

before anyone starts throwing political stones remember the failure of our auto industry is the fault of everyone out there driving an import where a local car would have done the same job . the blame lies with the buying public not any politician or party . the manufacturers are not to blame either they hung on longer than they should trying to keep things alive but could only loose so much money.

[aualright]

Originally Posted by cheap

Add the blatant anti-Abbott news led by Fairfax and ABC (both leftie mouth pieces), their rubbish is now wholesale gospel - everything is the coalitions fault.

Add GMH, who play the politics very well and milk the taxpayer for as much as possible.

But go on and believe what you want...

Sounds like you adhere to the beliefs of 70% of media in Australia...News Ltd, that is. Your rant is Rupert 101 but at least you believe what you want.

****

[Mighty Reds]

As soon as Ford announced their decision it was a given Holden would finish up as well.