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The Pub For General Automotive Related Talk |
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02-03-2009, 05:29 PM | #1 | ||
Regular Member
Join Date: Mar 2008
Posts: 459
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Car maker Holden says it will cut another 10 days of production at its manufacturing plant at Elizabeth in Adelaide's northern suburbs.
Amid falling car industry sales and global financial uncertainty, it will force workers to use more leave entitlements as it reduces production during April. Since late last year it has lost 25 production days and says there will be 10 more days of downtime around Easter. The Australian Manufacturing Workers Union had talks with Holden management today to try to firm up whether any jobs would go from the Elizabeth facility. Parent company General Motors announced last month that it would cut 47,000 jobs worldwide, prompting fears about Adelaide car jobs. Union state secretary John Camillo says Holden's 3,400 South Australian workers want to know if their jobs are safe. "The only thing we know is there are rumours in regards to white collars to lose their jobs and so on and another shift to disappear out of [the] Elizabeth operation," he said. Holden's workforce has just returned to the factory this week after the latest production shutdown. There is concern the further Holden shutdowns will flow on to the components industry. Joe Kane from the Australian Workers Union says many components workers have no annual leave left as a buffer. "You've got a month, half the month is non-production, the other half is no pay," he said. "I don't know how anyone or anybody can sustain that sort of pressure on their families etcetera." Holden announced late last year that it planned to install a second production line at Elizabeth to produce a four-cylinder car alongside its bigger vehicles. http://www.abc.net.au/news/stories/2...section=justin |
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02-03-2009, 05:34 PM | #2 | ||
Donating Member
Join Date: Jan 2005
Posts: 5,912
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35 downdays in the first quarter !!
18,000 unsold commodores, they're bottom line will look pretty sick this year.... |
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02-03-2009, 05:38 PM | #3 | |||
Fiat POWAAH!
Join Date: Nov 2005
Location: Western Australia
Posts: 2,309
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Quote:
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Holden: If you cant beat them, buy them. |
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02-03-2009, 05:39 PM | #4 | ||
BF XR6, oh yeah!!
Join Date: Sep 2007
Location: Melton, Vic
Posts: 1,015
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And yet another GM Chrisis thread, what is this 4 now?
Seriously though, this is just the beginning, if GM Holden is still operating the same as they are now (that is are still building large rear wheel drive vehicles for here and abroad, under the ownership of GM) in 18 months time, then that will be very fortunate for them. Times are tough, maybe Holden isn't that tough?
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Current ride: 2005 BF XR6 Sedan, Lightning Strike, ZF Auto Previous ride: 2001 AUII Futura Sedan, Narooma Blue |
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02-03-2009, 05:39 PM | #5 | |||
Donating Member
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Quote:
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02-03-2009, 06:11 PM | #6 | ||
FF.Com.Au Hardcore
Join Date: Mar 2007
Location: Adelaide SA
Posts: 1,255
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Just saw this on the news I was shocked they didnt end the read by saying something like Ford Aus only sold 3 Falcons in the last decade therefore are in a much much worse position
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02-03-2009, 06:27 PM | #7 | ||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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We're pretty much only working 4 day weeks, but at least we have got our stock levels way down now, and we're only building to order now I think. It's been way better controlled than Holdens situation.
They are going to have to axe jobs sooner or later, they can't expect the market to just pick up and they can't just expect to keep losing money on wages for people they really don't need. Job cuts are inevitable. |
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02-03-2009, 06:41 PM | #8 | ||
You dig, we stick!
Join Date: Mar 2006
Posts: 7,461
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And the downward spiral begins... they've been Holdon on to their fancy slogans for too long me thinks.
The job losses are inevitable, thanks to last years credit crisis... what I don't understand, and maybe someone here can explain, is how/what/where did the $700 billion bank bailout go? Wasn't it meant to bail out the rip-off merchants (aka banks) and in turn support everything else that was reliant upon this system? Why is everything still falling apart?
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"....You don't put the car through engineering" - Rod Barrett. |
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02-03-2009, 06:49 PM | #9 | ||
Oo\===/oO
Join Date: Jan 2007
Location: Tamworth
Posts: 11,348
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holden has 18000 unsold commodores? thats alot...
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02-03-2009, 06:56 PM | #10 | |||
IWCMOGTVM Club Supporter
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That's after the huge deals at the end of last yr, and little production this year.
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Daniel |
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02-03-2009, 07:05 PM | #11 | |||
You dig, we stick!
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Quote:
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"....You don't put the car through engineering" - Rod Barrett. |
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02-03-2009, 07:07 PM | #12 | ||
Now Fordless
Join Date: Aug 2005
Location: Fremantle, WA
Posts: 3,611
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More Holden news! Its funny you go on ls1.com and there's nothing about any of this.
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02-03-2009, 07:07 PM | #13 | ||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 2,021
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I don't wish any hatred on Holden, but I sure got sick and tired of being told Ford is going to shut down all of last year, time for the other side to see how it feels to live in fear of your job being taken away from you.
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02-03-2009, 07:13 PM | #14 | |||
Long live the GT !
Join Date: Jul 2006
Location: Perth WA
Posts: 1,863
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Quote:
The whole money system is built on debt, every US dollar that's printed is actually debt owed to private European banks. The system is coming down (has been for awhile now) but we're only now starting to see it. The current economy cannot be rescued, when bankers say we need a bailout, what they're really saying is give us more hard earned tax-payer dollars so we can prop up this sinking ship known as the world economy for as long as possible and in the process bankrupting every one in sight! Just another scheme to distribute more wealth to the rich.
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2018 Ford Mustang GT - Oxford White | Auto | Herrod Tune | K&N Filter | StreetFighter Oil Separators | H&R Springs | Whiteline Vertical Links | Ceramic Protection | Tint "Whatya think of me car, XR Falcon, 351 Blown Cleveland running Motec injection and runnin' on methanol... goes pretty hard too, got heaps of torque for chucking burnouts, IT'S UNREAL !!" - Poida
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02-03-2009, 07:32 PM | #15 | |||
You dig, we stick!
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Thanks for the confirmation of what I was thinking, Bent8. $10 trillion? hehe...
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"....You don't put the car through engineering" - Rod Barrett. |
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02-03-2009, 09:51 PM | #16 | |||
Excessive Fuel Ingestion
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Not that I know much about economies and such, but I'm quite sure if I go broke no-one will be handing me money to keep up the house payments..... Ed |
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02-03-2009, 10:03 PM | #17 | ||
Cobblers!
Join Date: Mar 2005
Location: The Shire, NSW
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Compare this with Ford, who have very little 2008 stock left, and have told suppliers to not expect any down days in the first half of 2009. Baring the unforeseen (like the loss of a supplier - DSI)
Who is in a better position now?
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02-03-2009, 11:31 PM | #18 | ||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 531
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Oh how the mighty have fallen. 18000 of these things in stock, not to mention the 283 days stock Pontiac have of the G8. One has to ask who the hell they paid to come up with these forecasts? Bubbles the chimp?
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03-03-2009, 12:11 AM | #19 | |||
FF.Com.Au Hardcore
Join Date: Jul 2006
Location: Gren A Waverrey
Posts: 2,434
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Ford is in deep and produce cars that are very good and better than Holden, but somehow, stick with Holden, because they're Australian... Now the comedy session is over... Ford have managed themselves better. Great. Though I don't want to see Holden go under, I would love to see Ford gain the upper hand. Holden can't go on with their BS bravado forever about "Australians being tough" and all that biz.
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03-03-2009, 08:19 AM | #20 | ||
Ford 4 Life
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Location: BANKSTOWN
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Holden is about as Australian as my Dad was when he came of the boat ..the same way
the designs, interior, Motor and badges all come from Overseas for the Bommodore.... The media just likes ppl to think the Dunnydore is australian..... Pfffft ..bring back the kingswood ! |
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03-03-2009, 09:02 AM | #21 | |||
Force Fed Fords
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It's the whole socialist thing that the media fawn to when at university, and much like the VW beetle of Nazi germany the commodore is known to the lefties as the "Peoples car"; that's why they champion it. Sounds a little far fetched but do yourself a favour, and ask people like Paul Gover and the other Holden luvvies who they vote for; you'll find the correlation remarkable. Finally, the ironic thing here is, the lefties in the media hate capitalism and champion Holden, yet Holden needs capitalism if it is to survive.
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03-03-2009, 09:49 AM | #22 | |||
FF.Com.Au Hardcore
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Quote:
Holden needs cash from GM and the Oz Govt. GM need cash from US Govt. Governments propping up and taking stakes in uncompetitive industries is called socialism... |
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03-03-2009, 12:12 PM | #23 | ||||
Force Fed Fords
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Quote:
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03-03-2009, 03:08 PM | #24 | |||
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Seems Holden may shut down the 4cyl Engine plant here in Melbourne.
http://business.theage.com.au/busine...0302-8mgg.html Quote:
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03-03-2009, 03:44 PM | #25 | ||
Cobblers!
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Location: The Shire, NSW
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Didn't Holden already state they were closing the I4 factory down once the Family II engine ended production? The V6 is being built elsewhere, and would be a candidate for moving offshore.
Interestingly, nothing negative about Ford was said in that article that vztrt quoted. The media might finally be waking up.
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Ego BFII Ghia Titanium Silver E53 X5 4.4i Gunmetal EF XR6. Now retired from active duty. Roses are red. Violets are blue. OS X rocks. Homage to you. |
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03-03-2009, 04:36 PM | #26 | ||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 531
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Yeah, the 4cyl plant was supposed to close later in the year, but they're talking about bringing it forward to June...
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01-04-2009, 02:02 AM | #27 | |||
IWCMOGTVM Club Supporter
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Bit of an update
http://www.theage.com.au/national/ho...0331-9iav.html Quote:
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Daniel |
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01-04-2009, 08:13 AM | #28 | ||
351 Cleveland:Pure Muscle
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The rumour I heard was that GMH were going to retrench hundreds of engineers but have to wait cause they have no money for their redundacies
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Cheers |
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