Breaking News: Holden to cease manufacturing in Australia in 2017

[karj]

Breaking News: Senior Government Ministers believe Holden will cease manufacturing in Australia by 2017.

Holden has made the decision to pull out of Australia as early as 2016, according to senior Government ministers.

The ABC has been told the announcement was supposed to be made this week but has been put off until early next year.

Holden says its discussions with the Government are continuing, and it does not respond to speculation.

Despite several of his colleagues believing Holden is leaving, Industry Minister Ian Macfarlane says that is not his understanding.

The Federal Opposition has been warning Holden would make the decision before Christmas if the Government did not announce an assistance package for the industry before then.

The Government has said it would wait for the findings of a Productivity Commission inquiry, due in March.

[MethodX]

Bye any aus patriotism then

[zipping]

Bugger but always knew it was coming once Ford got the ball rolling still very sad for the workers involved and the associated suppliers and their employee's

[Focused]

Terrible news if true. No surprise but unfortunate for everyone involved.
I wonder if this means Toyota will take off around the same time?

[Spammy]

I heard the same story last week from somebody who would know.

[Wretched]

Bugger...hopefully with Ford and Holden publicly announcing these shutdowns it will make the whole nation wake up and smell the reality that has dawned upon us all.

[flooded one]

you all know my opinion on that bloody company but I do feel bad for the hard working employees that will loose there jobs. I really hope these people find employment. wether or not you hate Holden. its the workers you must feel sorry for.

[ozpacman]

The component manufacturers will no longer have a viable business model once Holden packs up so that would certainly leave Toyota in a difficult situation. If this latest news is correct, and I'd suspect it's pretty close to the mark, then Toyota will no doubt leave our shores as well.

I really don't think most people will be taken by surprise with this news though. The writing's certainly been on the wall for a good while when you think about it. It's pretty scary when you think how many industries and large manufacturers have closed down in the last 20 years. Very sad indeed.

Russ.

[The Stylist]

Gosh I feel sorry for the poor workers and component suppliers if this is confirmed...

[Joe5619]

I'm sick to death of this crap. This is NOT official!! Ministers of the government should know better. Lets all wait until Holden tell us FFS!!

[LOWAU]

It's a shame. Toyota won't be too far behind.

Also what happens when our dollar drops are we are paying 10-20% more for imported cars?

[jpblue1000]

Originally Posted by LOWAU;4****68

It's a shame. Toyota won't be too far behind.

Also what happens when our dollar drops are we are paying 10-20% more for imported cars?

we will pay 10 -20 % more for cars! still cheap.

[P6LTD351]

Holden obviously didn't want to announce it just before Xmas.

Feel sorry for the workers.

I don't know about the rest of Australia but in Adelaide, Holden is a daily news topic - especially on talk back radio.

It will not be a surprise and to be honest, Adelaideans have already conceded that they will close, so it won't be a shock at all.

[ryeman]

Originally Posted by Joe5619;4****66

I'm sick to death of this crap. This is NOT official!! Ministers of the government should know better. Lets all wait until Holden tell us FFS!!

It's part of the softening up process, if it wasn't true Holden wouldn't let this run.

[Spammy]

Originally Posted by LOWAU;4****68

It's a shame. Toyota won't be too far behind.

Also what happens when our dollar drops are we are paying 10-20% more for imported cars?

Importers will cut their margin to some extent. Don't forget 88% of cars sold are imported.

[P6LTD351]

Originally Posted by Joe5619;4****66

I'm sick to death of this crap. This is NOT official!! Ministers of the government should know better. Lets all wait until Holden tell us FFS!!

Granted it is not official. But if you think that the Minister will ad hoc tell a news reporter that Holden are closing, then you have got another thing coming.

These things get announced strategically. Let the workers enjoy their Xmas.

But please, this is a forum, and it's topics like this that are made to be discussed in a forum. We are not an official site, so we don't have to tow the official party or company line.

[Syndrome]

Not surprised at all. Once Ford went the others were bound to follow. With the next generation Camry not due until 2016 or 2017, I expect Toyota will also pull the pin on their local production activities.

[Road_Warrior]

Originally Posted by Wretched;4****47

Bugger...hopefully with Ford and Holden publicly announcing these shutdowns it will make the whole nation wake up and smell the reality that has dawned upon us all.

Too late for that. The wake up call was in 2008.

[mif73]

Originally Posted by Road_Warrior

Too late for that. The wake up call was in 2008.

Yep. Race on Sunday, buy a Kia on Monday...

[fte50]

No point beating back & forth, best just wait for the official announcement in due course.
Hopefully some yrs away.

[AdamL]

Any of the national newspapers would be proud of this misleading thread title. Lol.

It's just all the same speculation that's been occurring since Ford dropped the axe.

[Syndrome]

Looks like Paul Keating's comments in the 1980s about Australia becoming a banana republic is about to come true.

[nstg8a]

Originally Posted by AdamL

Any of the national newspapers would be proud of this misleading thread title. Lol.

It's just all the same speculation that's been occurring since Ford dropped the axe.

This.... Someone needs to edit the title to better reflect the fact that's it based on he said she said 3rd person Chinese whispers....

Obviously we all know its inevitable, but the title makes out like its official.

[P6LTD351]

Originally Posted by fte50

No point beating back & forth, best just wait for the official announcement in due course.
Hopefully some yrs away.

My friend is in a middle management position at Holden.

The closure may be 'years away'...the announcement is around the corner.

[galaxy xr8]

Co incidental that this was made more so public less then an hr away from Ford's official Mustang reveal ?.

Either taking some lime light or a good time to speculate to take the heat of yourself, I wouldn't be surprised if Holden were behind this not the media.

[Wretched]

Originally Posted by galaxy xr8

Co incidental that this was made more so public less then an hr away from Ford's official Mustang reveal ?.

Either taking some lime light or a good time to speculate to take the heat of yourself, I wouldn't be surprised if Holden were behind this not the media.

I was thinking the same, kind of like when Ford announced their shutdown when the VF was being released.

[Elks]

Originally Posted by P6LTD351

My friend is in a middle management position at Holden.

The closure may be 'years away'...the announcement is around the corner.

Not that far. Last month they laid off some engineers as they was no longer a 2017 Commodore.

Sadly they are gone. So what do we make in this county. ???

[BroadyFord]

Interesting.

Holden may quit Australia in 2016: report

http://www.theage.com.au/national/ho...205-2yu8i.html

Senior federal ministers believe Holden will cease production in Australia as early as 2016, it has been reported.
Holden says it does not respond to speculation and discussions with the government are continuing.
The ABC said it had been told the announcement of the pull-out was supposed to be made this week but had been put off until the new year.
"Senior government ministers believe Holden has made a decision to cease production in Australia," the ABC said.
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"It's understood Holden will close its doors as early as 2016."
A spokeswoman for Industry Minister Ian Macfarlane has denied the reports Holden is planning to pull out of Australia by 2016.
Kylie Barron said Mr Macfarlane had met with Holden on Thursday and talks were continuing as they had been.''They haven't made a decision about their future in Australia,'' Ms Barron told AAP.
''There is no change.''
Senior federal ministers reportedly believe Holden will cease production in Australia as early as 2016.
Holden says it doesn’t respond to speculation, and discussions with the government are continuing.
The ABC says the announcement of the pull-out was supposed to be made this week but has been put off until the new year.

[BroadyFord]

So I guess my 3-4 week time frame of a closure announcement was correct.

Watch out Toyota! Dowling has you in his sights next!

[Trump]

This is not good news at all. Most of us on here knew it was inevitable that Holden would shut the doors on its manufacturing operations here, but 2016...?

I really feel for the thousands that will be given the **** directly (and the tens of thousands indirectly through component suppliers).