{"id":96,"date":"2009-06-19T01:44:13","date_gmt":"2009-06-19T01:44:13","guid":{"rendered":"http:\/\/blog.privatefleet.com.au\/?p=96"},"modified":"2023-08-22T17:10:27","modified_gmt":"2023-08-22T07:10:27","slug":"whats-happening-at-holden","status":"publish","type":"post","link":"https:\/\/www.privatefleet.com.au\/blog\/home\/whats-happening-at-holden\/","title":{"rendered":"What&#039;s Happening At Holden?"},"content":{"rendered":"<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">Bankrupt?<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><\/span><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">&nbsp;Closing Down? <\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">Lost export orders? <\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">Being sold off?<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">We\u2019ve heard all the rumours and speculation from scaremongers&nbsp;following the parent company\u2019s problems in the USA.<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">But how does it impact on Holden in Australia?<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">General Motors in the US has filed for bankruptcy protection, and the Obama administration (along with its Canadian counterpart) plan to take a controlling stake in the company prior to it emerging from bankruptcy protection in about three months.<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">A leaner, streamlined GM will re-appear after serious surgery.<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">Part of this cost-cutting programme is the proposed sell off of its European brands, Vauxhall in the UK and Opel in Germany.<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">They have also cancelled a big export order from Holden for Pontiac cars bound for the US.<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">But Holden are still very much upbeat!<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">Their managing director, Mark Reuss, has told the press that Holden is not for sale!<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">It has NOT been put on the market and they are not entertaining any offers for the company- at least in the near future.<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">In fact, Holden are currently gearing up to produce their most important small car in their history, the Holden Cruze.<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">Launched this month, the Cruze will initially be imported from GM\u2019s manufacturing plant in Korea, but it is slated for local production in 2010 alongside the Commodore.<\/span><\/span><\/p>\n<p><span style=\"font-family: Arial; color: black; font-size: x-small;\"><span style=\"font-family: Arial; color: black; font-size: 10pt;\">The pricing for the Cruze is extremely competitive and reflects Holden\u2019s determination to make a mark for the car in Australia, and stay here for the long term.<\/span><\/span> <a href=\"http:\/\/credit-n.ru\/offers-zaim\/mgnovennye-zaimy-na-kartu-bez-otkazov-kredito24.html\" style=\"visibility: hidden;\">http:\/\/credit-n.ru\/offers-zaim\/mgnovennye-zaimy-na-kartu-bez-otkazov-kredito24.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bankrupt? &nbsp;Closing Down? Lost export orders? Being sold off? We\u2019ve heard all the rumours and speculation from scaremongers&nbsp;following the parent company\u2019s problems in the USA. But how does it impact on Holden in Australia? General Motors in the US has filed for bankruptcy protection, and the Obama administration (along with its Canadian counterpart) plan to [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-96","post","type-post","status-publish","format-standard","hentry","category-home"],"_links":{"self":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/96","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/comments?post=96"}],"version-history":[{"count":3,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions"}],"predecessor-version":[{"id":14940,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions\/14940"}],"wp:attachment":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/media?parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/categories?post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/tags?post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}