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The Pub For General Automotive Related Talk |
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08-04-2009, 11:17 AM | #1 | |||
Banned
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Latest News:
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08-04-2009, 11:37 AM | #2 | |||
XP Coupe
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http://uk.reuters.com/article/market...48779820090407
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08-04-2009, 11:43 AM | #3 | ||
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Join Date: Dec 2006
Posts: 1,046
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Whats the bet that link is posted on a GM forum somewhere with the title 'Media bashing GM again!!!'
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08-04-2009, 05:49 PM | #4 | |||
Oo\===/oO
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08-04-2009, 06:19 PM | #5 | ||
Donating Member
Join Date: Jan 2005
Posts: 5,793
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This is going to get VERY serious for Holden......
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08-04-2009, 07:49 PM | #7 | ||
Mr Impulsive
Join Date: Feb 2005
Location: Perth NOR.
Posts: 1,309
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What does it mean for for holdung?
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08-04-2009, 07:53 PM | #8 | ||
The Vengeful One
Join Date: Apr 2006
Location: Tazzy
Posts: 12,765
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Things are very bad indeed for GM, and this is going to affect holden sooner rather than later!
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08-04-2009, 07:57 PM | #9 | |||
BOSS 5.4L Enthusiast
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Posts: 21,936
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In all seriousness i think their future will depend on who decides to buy them.. |
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08-04-2009, 08:02 PM | #10 | |||
Barra Turbo > V8
Join Date: Jan 2005
Posts: 25,931
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Could be a bad thing for Ford if Holden does go under or something happens. Any competition is good competition.
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08-04-2009, 08:05 PM | #11 | ||
FG XR6 Turbo
Join Date: Jan 2005
Location: Melbourne
Posts: 147
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Without Holden to compete with Ford in this country, will Ford even bother to make turbo or V8 powered vehicles?
Their only competition will be Toyota then, which means Ford will be concentrating on making hybrids and other fuel efficient cars. |
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08-04-2009, 08:22 PM | #12 | ||||
BA Falcon XT
Join Date: Oct 2005
Location: Perth WA
Posts: 848
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problem is if holden arent there then. the the suppliers that both manufactors use could go under, therefore putting ford in a postion where it cant buy certian parts very bad
ford need holden and vica vesa
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08-04-2009, 08:30 PM | #13 | |||
FF.Com.Au Hardcore
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08-04-2009, 08:40 PM | #14 | |||
Now Fordless
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Location: Fremantle, WA
Posts: 3,611
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08-04-2009, 08:53 PM | #15 | ||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 2,021
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Does anyone know what suppliers Holden and Ford share?
Toyota and Ford share a few Victorian suppliers, but not too sure how many Holden share with Ford...... |
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08-04-2009, 08:57 PM | #16 | ||
Regular Member
Join Date: Aug 2008
Location: Adelaide
Posts: 114
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A member on Aussie stock Forum has just posted that he/she just heard on ABC News that General Motors will file for bankruptcy this morning( USA time.)
Anybody else heard this? rocket. |
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08-04-2009, 09:04 PM | #17 | |||
Oo\===/oO
Join Date: Jan 2007
Location: Tamworth
Posts: 11,348
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I think Ford going down if holden goes down is not as likly as it seems. If the worse does come and holden pack it up, the Government would have to answer to lots of angry workers/voters. The government would then do all it can to keep ford alive.
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08-04-2009, 09:10 PM | #18 | |||
FF.Com.Au Hardcore
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08-04-2009, 09:33 PM | #19 | |||
Banned
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Interesting , yet scary times ahead. |
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08-04-2009, 09:37 PM | #20 | |||
FF.Com.Au Hardcore
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335 S/C GT: The new KING of Australian made performance cars.. |
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08-04-2009, 09:50 PM | #21 | ||||||
XR & FPV Owner
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Location: On the Dark Side of The Moon
Posts: 2,355
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IF H*lden was to vanish, it will be because of GM and their policies. Having said that, 'The Mob' will all winge and complain, that nothing was done etc.....
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08-04-2009, 09:56 PM | #22 | ||
GT
Join Date: Apr 2005
Location: SYDNEY
Posts: 9,205
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wasn't there rumours about 12 months ago of a possible merger between GM and FORD.
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08-04-2009, 10:08 PM | #24 | ||
blue oval addict
Join Date: Feb 2007
Location: echuca
Posts: 571
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the australian government has bailed holden out 3 times already, so whats one more time for luck..... i dont see holden being in bad shape due to gm going down. it will be bought by another firm and would continue on. most of the line up is korean now anyway and the commodore has the least local content of any of the large cars. also the holden logo and the tata logo look like they would swap over easily......
and yes ford told gm no to a merger. they said that gm had too much debt to consider it and pointed out that ford had already done extensive restructuring to put themselves in a situation where they didnt need to even consider such a plan. |
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08-04-2009, 10:12 PM | #25 | |||
FF.Com.Au Hardcore
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08-04-2009, 10:16 PM | #26 | ||
FF.Com.Au Hardcore
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Location: Geelong
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If the goverment did hand over more cash it would just be a pass the parcel all the way from our pocket to gm or who ever decides to buy holden .
But if holden is profitable for gm they might be able to keep it when they restructure after filing for chapter 11 Last edited by snappy84; 08-04-2009 at 10:29 PM. Reason: spelling |
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08-04-2009, 10:21 PM | #27 | |||
Cobblers!
Join Date: Mar 2005
Location: The Shire, NSW
Posts: 4,489
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Holden hasn't been profitable since 2004 AFAIK. Ford haven't been profitable for about the same period of time, so it isn't only Holden.
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08-04-2009, 10:25 PM | #28 | |||
FF.Com.Au Hardcore
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Posts: 1,119
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But seeing Holden imports alot more components now than before the VE the effect on local suppliers will be alot less It truly is tough times for the Automotive industry not only in the States but also here. Just today we lost around 10 people through redunancies at my plant and there are more to go by the end of April. This is the same for our other plants in Victoria and NSW. We supply components for Ford and Toyota. |
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08-04-2009, 10:49 PM | #29 | ||
BF= Backend's Farked
Join Date: Dec 2006
Location: Perth
Posts: 681
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I'm so glad Ford seem to be helping themselves much better than it's rivals. The idea of Holden going under or being badly shaken up seems good to me on a rivalry level, but of course the cars we drive are this good due to that direct competition, so it would be terrible as has been said.
But indeed, I sigh a sigh of relief that Ford seem 'okay'.
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09-04-2009, 01:29 AM | #30 | ||
FF.Com.Au Hardcore
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could the Holden part of the company be sold off down under? Toyota would have enough dollars to buy it i think, toyota has had dealings with Holden before.
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