Interesting phrasing.
*Just speculating
An imported Chevrolet planned (other than Camaro), or referring to imported Cadillacs?
*Just speculating
An imported Chevrolet planned (other than Camaro), or referring to imported Cadillacs?The news comes just weeks after GMH confirmed the current Commodore will be its last rear-wheel drive V8 model to be offered in Oz though Holden.....
same as "GLOBAL" I wonder or the already shown "CHINESE" model I ask as I have not seen the "NEW" global Cruze do the auto show circuit unless I missed itwill go on sale by mid-2015, but not before its revamped Cruze arrives in late January.
It did work. And it worked very well when Holden dealt with Opel directly.Selling Opel as Holden didn't work last time
Why should it work now?
Holden's problem is, the dollar which was floating in the $US1.10 range a year ago when they announced closure is this week around US80c - and the Reserve Bank is trying to talk it down to US75c. So it's devalued around 30% and tipped to go lower as demand for commodities from China falls away and consumer confidence here is a trainwreck due to the sheer incompetence of the government elected a year back - good move, close local manufacturing just as the dollar drops and commoditiy economies take it in the arse.Selling Opel as Holden didn't work last time
Why should it work now?
In October and November over half of Malibus sold were actually internal sales - discounted CVO lease cars. There are still a few Holden employees around, so Malibu can expect around 100 total monthly sales. However, the headcount will eventually drop to below 400, so you're looking at a total of ~1100 CVO "sales" a year (down from ~10,000 only 6 years ago).The Insignia is almost a waste of space. Mallbu is just dead in the water. That market segment is shrinking to the point of disappearing.
And what about the huge price factors: Built in Europe and shipped to Australia?Selling Opel as Holden didn't work last time
Why should it work now?
The shipping costs needn't be a deal breaker - there's so many Pure Car Carriers (PCCs) going from Japan/Korea to Europe, all full but coming back empty that there must be so good business opportunities there to have the Opels shipped to Perth.And what about the huge price factors: Built in Europe and shipped to Australia?
Or is Holden planning on switching their assembly lines to epsilon and delta?
GM pays peanuts for shipping. They have bi-annual volume agreements with shipping companies, they pay mainly for capacity, plus a fee for each car based on a pricing formula. It costs less to ship a car from a European port to Melbourne than to move a car by road transport from Brisbane to Melbourne.The shipping costs needn't be a deal breaker - there's so many Pure Car Carriers (PCCs) going from Japan/Korea to Europe, all full but coming back empty that there must be so good business opportunities there to have the Opels shipped to Perth.
But the spreadsheet and powerpoint both indicate that it makes sense. ;-)Like others, I don't see the point of having Cruze/Astra and Malibu/Insignia in the same small market - small, in the sense that GM's corporate wisdom! has decided that the Australian market is too small to build it's own models - I don't agree with that decision but it's where you're at right now.
Detroit did the same thing about 70 years ago when Laurence Hartnett was sent from Vauxhall to close Holden's down, but on arrival was shocked to see how innovative and in some ways ahead of Detroit in car body building techniques, so he went straight to Alfred P Sloan to get him to change his mind and the rest is history.GM's corporate wisdom! has decided that the Australian market is too small to build it's own models.
That ship has sailed.Detroit did the same thing about 70 years ago when Laurence Hartnett was sent from Vauxhall to close Holden's down, but on arrival was shocked to see how innovative and in some ways ahead of Detroit in car body building techniques, so he went straight to Alfred P Sloan to get him to change his mind and the rest is history.
Case of deja vu, and how little has changed in how Detroit (still) has no clue!
Again, we need another Laurence Hartnett and Peter Hanenberger to stand up to the clueless at the Ren Center.