Welcome to Just Commodores, a site specifically designed for all people who share the same passion as yourself.

New Posts Contact us

Just Commodores Forum Community

It takes just a moment to join our fantastic community

Register

Vietnamese carmaker buys Lang Lang, but GM to test vehicles still

krusing

Well-Known Member
Joined
Jun 21, 2014
Messages
1,650
Reaction score
647
Points
113
Location
Bayside Melbourne 3193
Members Ride
2002 VY L67 Calais Sedan, 2012 VE L77 Calais Wagon
The problem is, who would buy Holden, lets be honest. Unless the government comes to the party, its basically worthless apart from assets GM can strip from it.

Reading further, there are rumors the 7 gen platform for the Camero has been put on hold. That means, they are looking to move it offshore or replace it with electric versions which will probably be offsure as well. I'd be betting that they keep trucks and try and offload as much as possible to Vietnam. The tariffs for trucks and commercial vehicles from EU to US is 25% whereas cars are only 2.5%. They might come up with another name for a car that fills the RWD performance big car category and ship it worldwide. You also have to take into account Tesla which are manufactured in the US and are killing it atm and are only going to exponentially keep growing. The Cybertruck is going to sell like hotcakes over there, the actually engineering behind that thing is revolutionary and from a trades perspective, nothing will come close to it for functionality.

LHD makes up 35% of the worlds cars so there is a significant market there still.

The only spanner is that Vietnam is a RHD country.
The only problem I can see,
electric cars can not go the same distance of cars with internal combustion engines, [ie: distance being interstate]
Where most petrol cars can drive for 6 > 7 hours, you fill up and your on the road again,
Where electric cars need to be charge over night,
so you then will be up for accommodation, food and loss of time. [add extra days and $'s for your trip]
Where electric cars are really just for suburbia trips.

eg: I drive to Mildura for work every so often [6 hour drive and use 3/4 take of petrol], so an electric car would not be a viable option in this scenario.
 
Last edited:

Subju

Active Member
Joined
Feb 10, 2018
Messages
303
Reaction score
113
Points
43
Location
Sydney
Members Ride
VE Clubsport Tourer
Wow, I just found this. I'm on the money.

We will have a car coming soon for Australia, they just announced a new Premium SUV called the president using the LT1 6.2l GM motor.

I tried to convert 4.5 million dong into AUD but I'm not doing something right. I think they may have messed up the price.

 

Derekthetree

Well-Known Member
Joined
May 19, 2019
Messages
323
Reaction score
491
Points
63
Location
Victoria
Members Ride
Gen-F R8 SV Manual
Good to see its being bought by a car maker not a land developer.
Presumably its designed to represent typical Aussie roads, so will be of use for future vehicle tuning, even into the electric era.

Looking forward to some JC Vic trackdays there!
 

Not_An_Abba_Fan

Exhaust Guru
Joined
Aug 18, 2006
Messages
14,068
Reaction score
598
Points
113
Location
Bunbury, WA
Members Ride
Strange Rover
The only problem I can see,
electric cars can not go the same distance of cars with internal combustion engines, [ie: distance being interstate]
Where most petrol cars can drive for 6 > 7 hours, you fill up and your on the road again,
Where electric cars need to be charge over night,
so you then will be up for accommodation, food and loss of time. [add extra days and $'s for your trip]
Where electric cars are really just for suburbia trips.

eg: I drive to Mildura for work every so often [6 hour drive and use 3/4 take of petrol], so an electric car would not be a viable option in this scenario.
In a world market, Australia is a drop in the ocean. What we need is an Australian company, or a company with the Australian market in mind to build cars for our environment. Electric cars are not designed with Australia in mind. You can drive just as far on other continents, but recharging stations are a lot more frequent. Maybe Vinfast is that company. A country that has RHD and a company that has just purchased a testing facility.
 

figjam

Donating Member
Joined
May 14, 2013
Messages
1,583
Reaction score
1,784
Points
113
Location
Port Stephens area.
Members Ride
Monaro CV8, Cross 6 Crewman, Territory Ghia.
The only spanner is that Vietnam is a RHD country.
Sorry to burst your balloon, but Vietnam has the steering wheel on the Left, and they drive on the Right side of the road. https://carsexport.eu/lhdcars.htm

As for who was going to buy Holden, ask Google about Guido Dumarey, he wanted to buy Elizabeth and continue with a VF type car. He owns factories that produce major assemblies for GM, and it was reported that his meeting in Detroit about buying Holden lasted 5 minutes. Maybe there was a GM disincentive regarding the purchase.

GM's business case is not about building and selling cars, it is about how much they can screw in subsidies from Governments, and money laundering between GM branches.
Who ultimately paid for Holden's 'purchase' of Daewoo, with Mike Simcoe as head honcho boss ? The Aus taxpayer.
Where did that money eventually go ? Back to the USA.
What happened to a GM Korea plant after the S Korean Govt said no more subsidy ? GM closed the plant.
What happened to the money paid to Holden so they could continue to manufacture here until 2022 ? Back to the USA as a 'dividend'.

I followed all this news when it was current affairs.
It is now history, and all people can remember is the opinion that "Joe Hockey and Tony Abbot killed Holden".
 

Subju

Active Member
Joined
Feb 10, 2018
Messages
303
Reaction score
113
Points
43
Location
Sydney
Members Ride
VE Clubsport Tourer
Got that back to front, the only spanner is that we are RHD and Vietnam is LHD, hence the spanner in the works. :)

You just summed up the corporate world, its about making money and if they can leverage Governments, is it the governments fault or the corporation? Bit like the missus playing up on you. Is it your missus's fault or the bloke who managed to convince her into it?
 

Not_An_Abba_Fan

Exhaust Guru
Joined
Aug 18, 2006
Messages
14,068
Reaction score
598
Points
113
Location
Bunbury, WA
Members Ride
Strange Rover
Makes my comment somewhat invalid then...
 
Top