The car that killed Holden in Australia, so they say.

[vc commodore]

Holden was not the last. Toyota was the last to announce they were exiting Australia. Holden was the last one to cease production a week or two after Toyota. Ford finished a year earlier.

I thought Holden was the last to pull the pin....Obviously wrong there....So thanks for updating...

 

[vc commodore]

The cost of producing Holdens here became too prohibitive when competing with imports....

Yes, you have upper management taking huge bonuses and the government were propping up the industry with cash injections, but at the end of the day, not many were exported to help offset the cost of them and competing with imports was just too much, so shut the doors they did....

 

[Immortality]

The cost of producing Holdens here became too prohibitive when competing with imports....

Yes, you have upper management taking huge bonuses and the government were propping up the industry with cash injections, but at the end of the day, not many were exported to help offset the cost of them and competing with imports was just too much, so shut the doors they did....

My understanding is that most automotive manufacturers around the world receive govco subsidies or tax breaks so what the Aussie govco did was no different really.

 

[the_boozer]

Giving scumbags free money without any conditions what an intelligent set of traitors we elected how does this happen? For the amount of money given to GM the goverment should of owned the factorys why I say every politican this century is a traitor. Look at what is happening now its a big stich lets put the interest rate up weekly so the rich can get richer. How many of the muppets did GM give kickbacks is the question? Its only going to get worse.

 

[lmoengnr]

Giving scumbags free money without any conditions what an intelligent set of traitors we elected how does this happen? For the amount of money given to GM the goverment should of owned the factorys why I say every politican this century is a traitor. Look at what is happening now its a big stich lets put the interest rate up weekly so the rich can get richer. How many of the muppets did GM give kickbacks is the question? Its only going to get worse.

Good rule of thumb: Anyone who wants to be a politician is not worth voting for...

 

[vc commodore]

My understanding is that most automotive manufacturers around the world receive govco subsidies or tax breaks so what the Aussie govco did was no different really.

This is true, but we have people on here whinging about the gov't giving these subsidies and then them packing up and running away....No thought that it does occur O/S

 

[Immortality]

Your government gives tax breaks to filming companies and the gaming industry and lots of other industries too. subsidies happen all over the place. Our government raised tax breaks for the filming industry in NZ as well as the gaming industry because you guys had better subsidies and were stealing our work. Unfortunately that is how the world works. Privatise the profits and socialise the losses.

 

[vc commodore]

Your government gives tax breaks to filming companies and the gaming industry and lots of other industries too. subsidies happen all over the place. Our government raised tax breaks for the filming industry in NZ as well as the gaming industry because you guys had better subsidies and were stealing our work. Unfortunately that is how the world works. Privatise the profits and socialise the losses.

Ah, but your citizens were coming over here and working in our film industries stealing our jobs....

Yes, subsidies happen in a multitude of industries and unfortunately people don't realise about it...Just grab one little bit and run with it...

 

[Immortality]

Simple solution to that problem, drop your wages.

 

[VS 5.0]

For the amount of money given to GM the goverment should of owned the factorys

Never mind the billions given to Qantas over the last few years.

Or the other 10s of billions given to businesses over the last few years that didn't need it.