V8 Sales Still Strong For Holden

V8 Sales Still Strong For Holden

AFTER THE SHOCK-WAVES of the global financial crisis hit, followed by a world oil price that first fell but has since marched skyward, many tipped that the days of the big Aussie V8 were numbered.

Not so, apparently.

Last month, Holden sold a sizeable 1682 V8-powered vehicles - the best monthly sales figure since November 2004; an [...]

Holden Posts $70.2m Loss For 2008

Holden Posts $70.2m Loss For 2008

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 [...]

GM May Ramp Up Imports For USA, Effect On Holden Unclear

GM May Ramp Up Imports For USA, Effect On Holden Unclear

General Motors is reportedly nutting out the details of how it will reorganise its operations to restore profitability, and one of the ideas that’s presently on the table is to increase the number of imports of Mexican and Asian-made GM products into the USA.

Such a move would, of course, result in massive plant closures and [...]

Holden And Unions Discuss Work-Less Plan

Holden And Unions Discuss Work-Less Plan

Holden and unions are discussing a plan that could see thousands of assembly and manufacturing workers rostered on for as little as three days a week – the likely less-attractive alternative being layoffs.

Industry Minister Kim Carr said the level of cooperation between Holden and the Australian Manufacturing Workers’ Union (AMWU) in dealing with the difficulties caused [...]

Holden And Union Officials To Meet On Job Cuts

Holden And Union Officials To Meet On Job Cuts

Representatives from GM Holden and The Australian Manufacturing Workers Union (AMWU) will meet next week to discuss possible job cuts likely to come as a result of the global restructuring plan unveiled by parent General Motors this week.

The restructuring plan outlines more than 47,000 job cuts, and 26,000 of those are to be made in [...]

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