PRESSURE FROM THE Global Financial Crisis, soaring petrol prices, a consumer shift away from large cars and a number of large, one-off expenses have all conspired to hit Holden squarely in the hip pocket.

Australia’s iconic automaker recorded a $70.2 million loss for 2008, thanks in large part to a whopping $76.8 million bill for various [...]

• 
• Comment
• Read More

The tail-end of 2008 was a tough year for stock brokers, bankers and financiers, with most taking a comprehensive fiscal pounding. Big Christmas bonuses all but disappeared, and along with them went a chunk of Harley-Davidson sales.

America’s iconic manufacturer of ‘cool’ is suffering like most other manufacturers and has announced a cut to production of [...]

• 
• Comment
• Read More