Will the Holden brand survive?

[Trevor 57]

Proves GM are **** blokes

[Wretched]

Originally Posted by Trevor 57

Proves GM are **** blokes

Why is that?
Holden were losing sales hand over fist - their entire monthly sales barely resembled what Commodore was selling during VF2.

In addition GM are not exactly flowing in cash, they needed to stem the flow and it appeared RHD market was not making money for them so it was shutdown - in turn Holden as a GM brand.

Let's not forget, GM is a business and they need to make the decisions that will keep them afloat, whether or not you agree with them is beside the point. The execs have more data that would support that decision than we have access to.

[Trevor 57]

Originally Posted by Wretched

Why is that?.

throwing their loyal dealers under the bus

(which is what my reference was to - but you might have missed that as I didn't 'quote')

[Wretched]

Originally Posted by Trevor 57

throwing their loyal dealers under the bus

(which is what my reference was to - but you might have missed that as I didn't 'quote')

If GM is exiting out of RHD markets due dismal sales, what products would Holden dealers sell?
In addition, if the RHD market for GM is so poor, then really those dealers would have been feeling the heat long a go. Many of them diversify into other brands.

[ebv8]

Originally Posted by Wretched

If GM is exiting out of RHD markets due dismal sales, what products would Holden dealers sell?
In addition, if the RHD market for GM is so poor, then really those dealers would have been feeling the heat long a go. Many of them diversify into other brands.

Great Wall/Havel

great wall will have the colarado and the havel are on par with the quality of the holden SUV's anyway

[naddis01]

Originally Posted by ebv8

Great Wall/Havel

great wall will have the colarado and the havel are on par with the quality of the holden SUV's anyway

Great Wall won't have the Colorado. They are about to release their own new ute - the Cannon. Supposedly benchmarked against the Hilux/Ranger.

[blueoval]

Originally Posted by naddis01

Great Wall won't have the Colorado. They are about to release their own new ute - the Cannon. Supposedly benchmarked against the Hilux/Ranger.

image

Good luck getting that out of China to Australia in the foreseeable future

[Itsme]

Originally Posted by Trevor 57

throwing their loyal dealers under the bus

(which is what my reference was to - but you might have missed that as I didn't 'quote')

Remember it is dog eat dog world when it comes down to business, no such thing loyalty in this day and age or are you living in La La land believing in fairies.


OBTW GM did say they will pay redundancies to workers and compensate the dealerships.

[Sprintey]

https://www.youtube.com/watch?v=5kryaTJNMgE

What great imagery, great looking product too. RIP

[cheap]

Massive fire sale!

News suggests $17,000 off some models.

Pity the buggers who bought something last week/month - they’ve taken an extraordinarily hit.

[Mesa]

Originally Posted by cheap

Massive fire sale!

News suggests $17,000 off some models.

Pity the buggers who bought something last week/month - they’ve taken an extraordinarily hit.

I'd imagine it would feel insulting. The timing for them was bad.
I was reading the Trax will be nearly half price at 13k!! Not bad if the warranty will be honoured as they mention.
Re-sale on late model Holdens will be interesting. Even the flow on effect to the used car market in general. After July might be a good time for some people to upgrade even to second hand stuff.

[Bossxr8]

Originally Posted by ebv8

Great Wall/Havel

great wall will have the colarado and the havel are on par with the quality of the holden SUV's anyway

They bought the plant, not the IP required to get the Colorado with it. They will build their own ****eboxes there.

Originally Posted by naddis01

Great Wall won't have the Colorado. They are about to release their own new ute - the Cannon. Supposedly benchmarked against the Hilux/Ranger.

Ewww. At least they make them look as crap as they drive.

Originally Posted by Sprintey

Every country uses forms of protection and handouts. Tariffs, import restrictions, currency manipulation, free factory land, no need for OH&S or enviro, bullied FTAs, diversion of "green" funding or carbon credits, QE style monetary support...etc

Thailand FTA - slaps duty on motors bigger than 2.7L 2 weeks after signing with Oz...

Germans take the cake, devaluing the Deutschemark 30% via Euro adoption - all they had to sacrifice was the industry and youth's future of Southern Europe, a small price to pay...

We can be proud as Australians that we are the country that doesn't use these underhand protections. /s

More like our pollies bend over in FTA's ,and are too weak to fight for fair deals.

[oldel]

GM is next.
I've been reading the past few pages about Chinese companies and whether they will ever be good. I think China themselves have already decided they're good enough because GM and Ford are already taking a bath there (E: in the past 2 years GM sales down over 20%; ford sales dropping by 50%), with the Chinese buying more local cars and not GMs or Fords. Soon that's going to be global, people not looking to USA car companies anymore in Asia and the trend will spread.

All GM's market outside of North America is South America and China, they are losing so many sales recently so GM is almost done because they exited every other market.
https://wolfstreet.com/2020/02/18/ge...-its-too-late/

Also ford is being dumb investing in rideshare, car share and scooters losing billions
https://wolfstreet.com/2020/02/06/fo...-its-too-late/