Holden no more: 600 jobs go, 10 yr support.

[Super Coach]

why didn't they just sell off the brand if they were planning to close it? That Gupta guy at one stage wanted to buy it and open the factory and build the cars as a niche market. it could of worked. HSV has and will be doing it.

GM has no interest in Australia or RHD. Thats their loss, they are too stupid.

The government has step in and do something, they need to nationalise Holden, just like Qantas. What is Australia without its car - Holden, without its airline-Qantas, without its shoes - RM Williams

What will happen to the Holden name? is GM going to keep it? what about all the archival information/papers/documents/videos that are locked away in the Holden vault. I know at Elizabeth there is a small team archiving stuff to go to the National Motor Museum, but what happens now?

We lost heaps of historic stuff when Chrysler Australia left, lets not repeat it again.

 

[stooge]

What will happen to the Holden name?

sell the "holden" brand to psa and let them smash more insignias into aus as commodores

selling the "holden" brand will help gm recover some of what is expected be in excess of 1.6 billion to exit the local market so you might see it sold at some stage especially if they can put into the sale contract that the purchaser provides the "10 years" of service/parts for existing holdens.

 

[Ron Burgundy]

Today's greeny hipster youth will not be interested in old commodores. I don't see VFs going up in value. They will keep depreciating slowly just like any ordinary car. Majority of population has no interest.
This was demonstrated by all NEW VFs sitting in the dealerships for 2 years after the production...
I ll certainly be selling mine when the warranty is out...
Time to move on..

 

[stooge]

I ll certainly be selling mine when the warranty is out...

Once my ssv breaks it is going into the shed for 30 years.

 

[VS 5.0]

The government has step in and do something, they need to nationalise Holden, just like Qantas

A government nationalising a private company ? Destroys all of the underlying fundamentals of capitalism. We aren't a socialist country.....yet.

Also, you do realise that Qantas is an ASX listed entity with tradeable shares ? The only "nationalisation" of that business is its marketing strategy.

 

[smitchy]

Hi guys to answer some of the questions here, I am just as shocked and saddened as everyone else, I spoke to my uncle who is a sales manager at Holden. He pretty much said this means your car is now going to be worth a lot more than ever before. On top of that, he said that dealerships are being compensated in some way (no sure how). He followed to say that for at least 10 years from now they will support us..... what happens after that is another story.

BTW he did mention that one of the biggest things that affected sales in Australia was the whole right hand drive, compared to left hand drive and the conversion needed in that process so you can probably go and blame the government here.

Hope everyone is going well.

 

[VS 5.0]

He pretty much said this means your car is now going to be worth a lot more than ever before.

Keen to see his $50k trade in offer on my VE.

And blame the govt for RHD ? LOL. Every other car manufacturer can deal with RHD. Why so hard for the arsehats at GM.

 

[Forg]

sell the "holden" brand to psa and let them smash more insignias into aus as commodores

I'm pretty sure Insignia is dead, though ... admittedly I've not read it, but given Commodore and Buick Royale (with Cheese) are gone I suspect that also means no more Insignia.

And blame the govt for RHD ? LOL. Every other car manufacturer can deal with RHD. Why so hard for the arsehats at GM.

The American manufacturers all seem to have trouble upper-managementing their way out of wet paper bags. They have no vision for the future, and the thing they do Really Well at the moment is also the most profitable (huge thirsty commercial vehicles intended for private usage) so that's what they're focusing on ... and markets outside the US don't have enough of a hankering for those things to bother selling overseas. They're doing the exact opposite of diversifying; they're shoving all their eggs in what's currently the biggest basket at home.

I don't see VFs going up in value.
...
I'll certainly be selling mine when the warranty is out...

My better-half & I are in a stage of our lives where we can afford to keep a depreciating (non-)asset ... and between you & me, there's still nothing that on-average interests the both of us for under 3-figures that I'd feel comfortable buying. Any wagon with the same or better performance tends to have questionable long-term reliability, or costs a bucketload more & hence would cost us more in the long-term regardless of the VF's market value.

Plus I haven't been dealer servicing, so ours has been maintained better than the average VF.

 

[Skylarking]

... BTW he did mention that one of the biggest things that affected sales in Australia was the whole right hand drive, compared to left hand drive...

Sweden changed from driving on the left side to driving on the right side back in 1967. Sweden also had a motor vehicle manufacture industry curtesy of Saab and Volvo.

It took a while but we know what happened to Saab manufacturing and who knows what will happen to Volvo going forward.

So which side of the road one drives on is not an indicator of whether a motor car manufacturer will be successful. Success is all up to management and the board to run the company well by producing a product the public wants in droves.

In Holden case, it’s probably the GM shackles that hamstrung the company which assisted in the demise and it really had nothing to do with RHD/LHD unless you’re one to subscribe to excuses

 

[Ron Burgundy]

Keen to see his $50k trade in offer on my VE.

And blame the govt for RHD ? LOL. Every other car manufacturer can deal with RHD. Why so hard for the arsehats at GM.

LOL