OK, I admit I am not into cars as much as I am into economics. But the release of a new model in Australia would spell death for GMH. With the near collapse of GM in the USA, GMH is barely existing here in Australia and the increased expense of a new model at a time of reducing income does not make commercial sense. It would be a brave CEO that commissioned a new model. I truely hope I am wrong.
You're into economics.... what are you on here for??? surely you drive a camry??? or.... no... wait ... a diesel i30 Hyundai!!
But seriously... I'm the national marketing manager of a significant organisation, and alarm bells go off when "finance people" start spruking this theory of "reigning in expenses". History has shown time and time again that THESE times are an opportunity to go hard and widen the gap between you and your competitors. Those that do come out of the hardship in much better shape than those that don't have the balls to believe in their products.
For some reason, the world has turned upside down and the HR and Finance divisions within companies have gained far too much control.. They need to remember that if you work for a company that sells something... anything... if you are not a salesperson, then you work for them. For they are the conduit between the organsiation and "god" ... aka ... the CUSTOMER.
Finance and HR serve one purpose, and one purpose only.... to run around after the salespeople (and marketing people) with a dust pan a broom, sweeping up the **** they have had to create to generate sales. Thats it.
Holden needs to go hard and push ahead aggressively, otherwise they will lose market share to their cashed-up imported rivals.
It's not rocket science.