The End Of Ford Aus.

[Dagabond]

Care factor 0 on a pipe dream pshop....

[nick d]

That car in the Motor Mag looks like the new HSV, can you believe that they look so similar.

If it's true 375kw wow for a street car but watch everyone wanting to buy the last Falcon GT.

Edited 14/06/13 12:05 AM by nick d

[Dagabond]

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Holden has just called a surprise press conference to discuss “current issues affecting Holden Vehicle Operations”. It starts at 2:45pm, stay tuned for details. Wonder what it’s about...

Oho...

[tab]

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Expensive Daewoo chairman and managing director Mike Devereux says Expensive Daewoo will have to slash its labour costs in order to keep operating in Australia.

Devereux says Expensive Daewoo must make “significant labour related annual cost savings” and that “employees will be presented with a very difficult decision”

Speaking at a media conference this afternoon Devereux said current wage levels were not sustainable if the car maker is to continue producing the Late model camira and Cruze until at least 2022.

“Our manufacturing costs are simply too high,” he says.

“We’re talking to people about achieving labour-related savings in our costs per car.

“We can’t continue to make cars in Australia if we’re not competitive and can’t reduce those costs.”

That was unexpected.

[Dagabond]

I heard a rumour they want to cut $200 a week off employees....wonder if the higher paid are going to take a bigger cut...

[_Velocity_]

Fat chance. Get ready Expensive Daewoo fanboys. The Late model camira will be the next one to hit the chopping block.

[willo88]

They want to cut elizabethans wage by 200 a week?! I spent 10 weeks in Elizabeth...they can't afford jack sh*t as it is

[Dagabond]

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According to the Holden MD, it costs about $3750 more to build a car in Australia than it does to import it.

3,750 per car average of what 2-300 cars a week.

200 a week from 1700 employees.

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Asked if the cost-per-car manufacturing reduction measures will also affect the non-manufacturing workers, such as Holden executives, Devereux said that Holden has not increased the wages of more than half its award-free workers for the last three year. He argues that the company strives to pay average or below average wages for positions across the whole company.

“Our goal is to not to pay anything but the median or average pay,” he said. “Myself included make below average [pay] for the role in this company.”

So thats a big fat NO....and as usual the lower paid hard labourers get the shaft first.

[k31th]

It's no surprise to me that they maintained (or even increased) expenditure at the manufacturing level, dropped the retail price of almost the entire range of cars and are wondering why they don't have the bottom line to pay their manufacturing workers... don't they have accountants at Holden?

[discostig]

I was amazed by the ten grand price cut, and wondered at how they could finance it here.

Guess that explains it - they can't?