GM Inside News Forum - View Single Post - Holden To Slash 500 Jobs, As Family II Engine Production Comes To An End

BBDOS CV8 · 06-06-2008, 02:29 AM

They are - it's just GMDAT is building an all-alloy VVT 4 and Opel builds their own in Europe. You could see this coming. Unfortunately unless V6 volume picks up this was always going to happen with all these free-trade agreements. I bet Holden loses out on export credits to the countries we have them with, too.

Poor people at Fishermans Bend just can't compete for costs with 2nd world countries, not only for wages but just straight costs like health/safety/social costs like superannuation and taxes and levies on business, environmental compliance plus we're so far from everywhere for transport, at the furthest corner of the place from other countries.

06-06-2008, 02:29 AM	#3 (permalink)
BBDOS CV8 5.3 Liter Vortec V8 Join Date: May 2005 Location: Melbourne (no, not that one!) Drives: Monaro Barbados 6M Posts: 1,444	Re: Holden To Slash 500 Jobs, As Family II Engine Production Comes To An End They are - it's just GMDAT is building an all-alloy VVT 4 and Opel builds their own in Europe. You could see this coming. Unfortunately unless V6 volume picks up this was always going to happen with all these free-trade agreements. I bet Holden loses out on export credits to the countries we have them with, too. Poor people at Fishermans Bend just can't compete for costs with 2nd world countries, not only for wages but just straight costs like health/safety/social costs like superannuation and taxes and levies on business, environmental compliance plus we're so far from everywhere for transport, at the furthest corner of the place from other countries. __________________ Barbados Series III CV8 'VT Coupe' 245kW LS1 T56 six-speed manual C6 330mm brakes/DBA 4000 vented discs