Will the Holden brand survive?

[ozrunner]

Well just quickly, many dealers undertook very expensive building upgrades on the basis of advise that Holden was going to be around for the long term when in fact GM knew otherwise but kept quiet.

That along with GM's compensation offer to dealers are all part of court action for a reason and not all have accepted their offer.

[hayseed]

This could be interesting Viewing...
https://www.carsales.com.au/editoria...online-125433/

[Bossxr8]

Originally Posted by hayseed

This could be interesting Viewing...
https://www.carsales.com.au/editoria...online-125433/

What's the go with senate inquiries? Do they have to swear an oath, and can they be charged for lying under oath? Or it nothing but a dog and pony show, and the Holden guys will lie through their teeth to protect their future employment prospects with GM, with no consequences if they do?

[John 13]

Originally Posted by Bossxr8

What's the go with senate inquiries? Do they have to swear an oath, and can they be charged for lying under oath? Or it nothing but a dog and pony show, and the Holden guys will lie through their teeth to protect their future employment prospects with GM, with no consequences if they do?

For what it's worth; repeating my post of some months previously. During the US "recovery" from the GFC, GM was frequently referred to as GOVERNMENT MOTORS.
We may wonder who owns them now.

[jpd80]

Originally Posted by John 13

For what it's worth; repeating my post of some months previously. During the US "recovery" from the GFC, GM was frequently referred to as GOVERNMENT MOTORS.
We may wonder who owns them now.

And if you recall, the US government sold their stock for a $10 billion loss.

[Express]

I've come in very late to this thread so without haven't read any of it I'm going out on a limb to say, I don't think the Holden brand will survive.







.

[Sprintey]

'Aquilina to appear before Senate..." sounds very Roman indeed

Out of interest, the Aquila was the golden bird used as the standard for a Roman Legion, and the rank 'aquilifer' was the standard-bearer, a prestigious commission.

The fact we've got a list of all the lost aquilae 2000 years later shows how important they were...

https://en.wikipedia.org/wiki/Aquila_(Roman)

[Crazy Dazz]

Despite now owning one, I don't like Holden. Most of their cars have been rubbish.
Kinda ironic that when they finally get some decent SUVs, they go under.

As a lifelong Ford man, I'm inclined to laugh. He who laughs last, etc.

But putting that aside, its all kinda sad. Another Australian iconic brand down the dunny.

It's also a bit rude, that GM have basically said "Australia? nah, cbf, not worth the effort."

[MercuryT]

I know we are on a Ford Forum (albeit) I love Maloos, has anyone read the Keith Urban story of trying to get one to the US?

Wasn't successful but was keen!!

[MITCHAY]

A long drawn out death. Just pay the dealers what is owed and **** off! I note GMSV is officially trademarked.

It is interesting but GM is on a nose in a big way when it comes to how Holden was killed off.

As for the senate inquiry. What is the point at all, it is all gone. ****en paper pushers pushing more paper!

[jpd80]

I'm surprised that Ford doesn't have a similar arrangement to convert F150 and Super Dutys.

[hayseed]

I hope that this collection gets to stay here in Australia..

https://www.canberratimes.com.au/sto...past/?cs=14260

[bungarra]

Walked into Westside Auto wholesalers in WA the other day, line up of ZB Commodores was crazy, all dealer demos and yard stock dumped from former Holden Dealers changing brands.

Talking to one of their sales reps, he said, it was the biggest mistake they made. No one wants them and that some had come in with very low Km's and had the Opel badging on the bodies but were same year as the Commodores.

[bungarra]

Holden name at closing of manufacture was (apparently) worth 140 million and GM wouldn't sell when an offer was made.

Prior to departing RHD market announcement, they offered it to PSA (Puegot) for 60 million. PSA declined as they believed without manufacturing it was worth less than 20 million.

I bet they wished they had taken the offer, allowed Holden to sink or swim under different ownership.

[janddbone]

Originally Posted by bungarra

Holden name at closing of manufacture was (apparently) worth 140 million and GM wouldn't sell when an offer was made.

Prior to departing RHD market announcement, they offered it to PSA (Puegot) for 60 million. PSA declined as they believed without manufacturing it was worth less than 20 million.

I bet they wished they had taken the offer, allowed Holden to sink or swim under different ownership.

I am surprised PSA did not jump at the chance for $20m. Especially including access to FCA platforms in future as well. Massive opportunities to enhance dealerships and save money and increase sales with what would essentially be badge engineering. (Thats all Holden was besides Commodore platfrom for years and years.)

[bungarra]

Originally Posted by janddbone

I am surprised PSA did not jump at the chance for $20m. Especially including access to FCA platforms in future as well. Massive opportunities to enhance dealerships and save money and increase sales with what would essentially be badge engineering. (Thats all Holden was besides Commodore platfrom for years and years.)

I should have worded it better, PSA offered the 20 million, GM wanted, 100 million, then dropped to 60 million, PSA declined as the manufacturing plant was already sold off. Too much cost in putting one back up.

[ozrunner]

Without doubt whatever the final cost was PSA dodged a massive bullet.

[hayseed]

Not Long left Now..
https://www.drive.com.au/news/holden...trackLink=SMH3

[lumen8]

Originally Posted by hayseed

Not Long left Now..
https://www.drive.com.au/news/holden...trackLink=SMH3

I followed the link and got a pop up asking me this...

"Hello! We are currently working with dealers to clear a high volume of new car stock. Can I ask what make and model are you interested in?"

I shouldve responded... HK monaro.

I think Holden would sell more of those if they had them, than ZB's .

[Syndrome]

Bye bye.

https://www.caradvice.com.au/920758/...-january-2021/

On a side note:

My brother's MY12 VE SS redline won't start. He has to wait a month before any of the remaining Holden service centers can look at. He always was a Richardhead so I'm lolling at his misfortune.

[Mechan1k]

So with this .... we know the answer now.
This thread pretty much has run its course.

[Hawkeye84]

right, lets get this thread back on track.

I believe Holden only sold less than 40 commodores the private buyers.
The rest of the numbers were fleet.

Thank goodness theyve got the Colorado is all im saying

[GasoLane]

Can we please stay on topic and leave ancestry for another thread.