The beginning of the end?
GM cannot afford to build right hand drive vehicles any more.
They already sold outof Europe (to CSA/Citroen).
What is the world coming to? https://www.news.com.au/finance/business/manufacturing/was-joe-hockeys-f...
Leaves a giant hole for Tesla or other EV to fill.
Big country will need lots of roadside chargers and long ranges.
GM can barely afford to build cars ANYWHERE . . .
Australia is the same size as USA btw
...with about 1/15 the population.
Rob +1. From my understanding an overwhelming amount of the population lives along the perimeter of the country.
what happened to my post, and jordans?
Why were they flagged?
Found in another thread :)
Ross1 | February 18, 2020
Biggest Dealerships in Aus used to be GM (Holden).
No notice, GM pulled the plug yesterday, dealers are stuck with what anyway was slow moving stock.
Cheap dealerships coming available.
jordanrichard | February 18, 2020
Ross1, if I remember correctly, you are in Australia. So I will take what you said about the no notice announcement by GM is true.
That’s not the way it is being reported. They didn’t state when the end would take place, but I know they clearly didn’t say their dealers weren’t given any heads up. They did say that there will still be service for Holden cars.
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Ross1 | February 18, 2020
Dealers were completely taken by surprise. Service will continue (only if dealers stay afloat). Cars are expected to be discounted heavily immediately or put them into SH stock. Dealers will need to find another franchise immediately.
They even had a seminar organised for next month to hear about the exciting new plans for the year.
So: yes, no one knew before they pulled out the mat. Holdens werent selling anyway, so those big dealers were already dying. Service? Not likely in the way we know it.
What it says:
Greg Murphy has recalled his disbelief when he first heard the news that Holden would be no more.
The New Zealander is synonymous with the lion on both sides of the Tasman, having driven Holdens for the entirety of his time in Australian Touring Car competition but for his Bathurst 1000 debut in a Toyota Carina in 1994.
Murphy’s first of four victories in the Great Race came with the Holden Racing Team in 1996, but he perhaps made his biggest impression on the Supercars Championship’s history with the ‘Lap of the Gods’ in the Top 10 Shootout for the 2003 Bathurst 1000, in a VY Commodore.
As well as television punditry for Supercars Media, he still holds ambassadorial roles with Holden New Zealand and HSV, and drove an AP4-spec Barina in the New Zealand Rally Championship in 2017 and 2018.
“I thought someone was playing a rude joke, it was the first of April or something when I heard about it, and I had to check on that one,” said Murphy of his reaction to the General Motors/Holden decision, on Fox Sports’ Supercars Trackside.
“We all know how popular Supercars are in New Zealand and how very popular Holden and Ford have been in the fabric of New Zealand society as well for such a long time.”
Expanding on the status of Holden in his home country, Murphy said that many of the dealers and other members of the industry in New Zealand were in a state of shock.
“Talking to dealers on Tuesday, Holden dealers that have been such supporters of the brand for so long – and just the passion behind it – I spoke to some that you could tell were shell shocked.
“These are guys that have been in the industry for such a long period of time and again, the staff that they’ve got, some of them have been there for 20, 25, 30 years.
“Straight away, (they are) the first people you start to think about it and it has been something that’s been very surreal.
“Because actually, I don’t think it really has sunk in how big this is for all of us and especially those people.”
Murphy’s honours for Holden include Bathurst 1000 wins in 1996, 1999, 2003, and 2004; a further four Bathurst podiums; two Bathurst poles including the famous 2:06.8594s; and two V8SuperTourers New Zealand titles.
The loss of Holden has been felt across the traditional Supercars divide with noted Ford man Mark Larkham telling Speedcafe.com that he is “probably hurting as much as anyone”.
Let's hope they're shedding business areas in order to raise enough capital to fully electrify. If they do, they'll be able to buy back or expand back after they start clobbering the competition who don't electrify or don't do it well enough.
Raising barely enough for the Senior Staff Golden Handshakes and bonuses you bet.
What I feel it won't be anytime soon, but possibilities look stronger.
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