Holden looks set to secure a billion dollar export program

burnz · 13-01-2010, 12:15 PM

Holden looks set to secure a billion dollar export program and get the Chevrolet Camaro muscle car in return.

Charismatic General Motors vice chairman Bob Lutz has today confirmed Chevrolet's interest in the Holden Commodore as a "four-door Corvette" sports model in the USA and also revealed the new Camaro muscle car is likely to be sold in Australia.

Lutz's confirmation of Chevrolet's interest in the Commodore backed up GM North America boss mark reuss...............
http://news.drive.com.au/drive/motor...0113-m5c1.html

**ebxr8240** · 13-01-2010, 12:17 PM

Is it REALLY going to happen or is it G.M rhetoric ???

Wally · 13-01-2010, 01:58 PM

Quote:

Originally Posted by ebxr8240

Is it REALLY going to happen or is it G.M rhetoric ???

I'll vote rhetoric. Even if it did go ahead, chances are it would be made in Canada, especially given their holding in the company.

Road_Warrior · 13-01-2010, 02:02 PM

Quote:

Originally Posted by Wally

I'll vote rhetoric. Even if it did go ahead, chances are it would be made in China, especially given their holding in the company.

Fixed.

It is going to happen sooner or later.

Wally · 13-01-2010, 02:20 PM

Quote:

Originally Posted by Road_Warrior

Fixed.

It is going to happen sooner or later.

LOL... I didn't think of that. Great Wall Holden has a certain ring to it.

Outback · 13-01-2010, 03:01 PM

Quote:

Originally Posted by Wally

LOL... I didn't think of that. Great Wall Holden has a certain ring to it.

Holden will be here long after Ford have closed its doors in Australia.

burnz · 13-01-2010, 12:23 PM

four door vett doesn't sound right!!

Road_Warrior · 13-01-2010, 12:26 PM

This is great for Holden and the Aussie car industry - if it is true - but you watch the media circlejerk over this one, and Ford's Falcon/Mustang merger announcement will get conveniently lost in the noise.

GT69 · 13-01-2010, 03:44 PM

Quote:

Originally Posted by Road_Warrior

This is great for Holden and the Aussie car industry - if it is true - but you watch the media circlejerk over this one, and Ford's Falcon/Mustang merger announcement will get conveniently lost in the noise.

+1

Which is going to look fantastic to joe citizen. Falcons going to be gone....according to the news, but holdens making packets.

Great news for Holden though, as long as it all goes ahead.

Whats the score with the US workers unions though?

Elks · 13-01-2010, 06:01 PM

Quote:

Originally Posted by Road_Warrior

This is great for Holden and the Aussie car industry - if it is true - but you watch the media circlejerk over this one, and Ford's Falcon/Mustang merger announcement will get conveniently lost in the noise.

So true, this is the purpose. Motor magazine will run this page 3, like they have the cop cars and every other announcement. The GMH PR team are 1st class.

Although somehow my company car is now a fully sick 4 door door corvette

:

**Polyal** · 13-01-2010, 12:27 PM

I reckon they are pulling some more smoke and mirrors in light of yesterdays BS with the falcon.

T3ts50 · 13-01-2010, 01:18 PM

I remember a few years back (2003 I think), there were discussions of Corvette becoming its own brand. A couple of cars that were aparently going to go under this banner was the GTS coupe and sedan.

kiwimark · 13-01-2010, 01:37 PM

Quote:

Originally Posted by T3ts50

I remember a few years back (2003 I think), there were discussions of Corvette becoming its own brand. A couple of cars that were aparently going to go under this banner was the GTS coupe and sedan.

That sounds right as my father in law's 2004 C5 Z06 CE has only 1 cheverolet reference and that is "corvette by cheverolet" on the dash's digital readout upon starting, The newer C6 has the readout and GM badge on the front side of rear wheel arch.

Though the idea of the commodore being under the banner would have been strange, as werent the GTS using the callaway engines then? if it went ahead they may have just put the 400/400 LS6 (c5 zo6 motor) in.

LeadFoot81 · 13-01-2010, 01:19 PM

Fingers crossed this is true, but GM have a history of talking bs.

Kamshaaft · 13-01-2010, 01:35 PM

Good luck with that, with the AUD being so high against the USD. That and the GFC were the reasons it didn't workout last time (mainly the GFC), but our dllar is higher now than it was then.

I don't know about it happening or not.

eb2fairmont · 13-01-2010, 01:44 PM

It's a whole lot of we're gonna do this crud. Especially timed to milk Muallys comments from yesterday.

greenfoam · 13-01-2010, 03:56 PM

GM/Holden must have a bucket full of somewhat might be true stories they can grab out during Fords unfortunate moments to double up the damage. They really are the masters of the media, you have to give them that

Chopped · 13-01-2010, 04:15 PM

It should have been a Chevrolet all along, like it is/was in the middle east.

Road_Warrior · 13-01-2010, 04:33 PM

Don't forget Zeta platform cars are now made in China and Korea...the economies of scale from those two operations (and the markets they will eventually supply) will be huge compared to here.

FPV8U · 13-01-2010, 05:13 PM

How does putting a Chev Badge V a Pontiac badge = Sales?

They couldn't give the G8 away only a few months ago..

**ebxr8240** · 13-01-2010, 05:34 PM

Quote:

Originally Posted by FPV8U

How does putting a Chev Badge V a Pontiac badge = Sales?

They couldn't give the G8 away only a few months ago..

Strange as it may seem while staying with my Brother in Naperville Illinoi .. There are a few performance shops converting them to HOLDENS !!!

HLC · 13-01-2010, 05:34 PM

FOURvette..... aint gonna work.

**ebxr8240** · 13-01-2010, 05:54 PM

Quote:

Originally Posted by HLC

FOURvette..... aint gonna work.

How about curette ??? Lol....

kezzer · 13-01-2010, 07:50 PM

I thought Holden made a bigger profit then Ford did last year?

vztrt · 13-01-2010, 08:07 PM

Quote:

Originally Posted by kezzer

I thought Holden made a bigger profit then Ford did last year?

Holden made a smaller loss, but Ford cut more costs.

But FordAPSA turned a profit in the last two quarters.

phillyc · 13-01-2010, 08:19 PM

Quote:

Originally Posted by kezzer

I thought Holden made a bigger profit then Ford did last year?

Neither GMH or Ford have made money in the last 4 calender years. Ford Australia has 'operationally' made money in the past 1 or 2 qtrs.

Ford lost most of their money last year on a terrible superannuation fund return. It was essentially paper money. But the exact opposite will happen this financial year. Then add in profits from making and selling cars themselves. Further to this, add a full order book, rich model mix. Ford Oz are looking pretty good.

phillyc · 13-01-2010, 08:49 PM

Seems, Bob Lutz, the person this whole General Motors Holden export story is attributed to didn't get this announcement right.

http://www.leftlanenews.com/cadillac...e-converj.html

Quote:

Cadillac retracts promise to produce Converj

General Motors’ Bob Lutz appears to have jumped the gun when he announced that Cadillac had confirmed the production future for the Converj on Sunday. Now, Cadillac’s global product director, John Howell, has clarified that the business case for the Converj is still being reviewed.

I'm happy for manufacturing in Australia to have General Motors Holden supply North America with Australian made cars. I just don't believe the hype.

Watto_Cobra · 13-01-2010, 11:19 PM

That isn't the first (or second) time Bob Lutz has made a premature announcement.

US kills Falcon · 13-01-2010, 11:58 PM

GM is owned by the US government who will not allow jobs to be taken away from Americans.

Paxton · 14-01-2010, 12:05 AM

I still can't get my head around the possibility that Holden may make a profit if selling cars with a Dollar very close to parity to the $US. What are they going to do, sell the cars at a greater cost than the Australian sold cars?

Not likely. This is just a whisper to try and divert attention from the news that Cruze has been delayed again. I'm doubting that Holden will ever manufacture that car in Australia.