General Motors to close Holden

Discussion in 'Markets & Economies' started by rbaggio, Dec 5, 2013.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    Redundancy = sell your job.
     
  2. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I would take a 300k redundancy and 4 years to find another job in a second if it was offered to me tomorrow.
     
  3. ozcopper

    ozcopper Well-Known Member Silver Stacker

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    Hope Our Luck Doesn't End Now.... It just did.
     
  4. AngloSaxon

    AngloSaxon Active Member

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    Autoline Daily (US) speak for about a minute on the end of Holden's manufacturing and engineering, noting it is positive the design arm of Holden will continue. They mention the end of Ford's manufacturing and wonder how long before Toyota follow.

    They say all this will sadness, they aren't sharing the news to other Americans with any joy. They predict the vehicles Holden make that GM global wants to retain will be made in North America (and by that they mean Canada).

    1st minute and a half of the 8 min video. Posting just the link for anyone interested, the rest is on Honda, VW group and some US-specific news.

    http://www.youtube.com/watch?v=Itw0ezTTKQI
     
  5. TheEnd

    TheEnd Well-Known Member

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    Yep....Recession starts Jan 2014 onwards....with possibly many more business's closing the doors!
     
  6. ozcopper

    ozcopper Well-Known Member Silver Stacker

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    The knock on effect from HOLDEN closing will be HUGE!
     
  7. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    Rather than saying "we'll agree to disagree" I urge you to read Bastiat and find a flaw with it's core arguments and/or with the principle that division of labour is beneficial.

    I tried to be quite specific about what I wrote. Globalisation is not to blame for the obvious negatives inflicted on indigenous peoples. State-created war, genocide, welfare and the failure to obtain true private property rights are what has created problems for those not engaged in the economy. (Transmission of disease by people with minimal understanding of the causes and cures of such at the time isn't quite the same thing of course.)
     
  8. TheEnd

    TheEnd Well-Known Member

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  9. petey

    petey Active Member Silver Stacker

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    And here I was almost ready to buy real estate in Adelaide...
     
  10. JulieW

    JulieW Well-Known Member Silver Stacker

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    And only one less job to choose from as the years roll by.
     
  11. TheEnd

    TheEnd Well-Known Member

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    Might be a good idea to wait a few years and see how all this horrible news pans out? Wonder what the RE industry are going to do now with all this bad news going around? :D
     
  12. AngloSaxon

    AngloSaxon Active Member

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    Let me be the one to say you completely missed the sarcasm, sorry.
     
  13. TheEnd

    TheEnd Well-Known Member

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    Oh, bit slow today! lol! :lol:
     
  14. Tacrezod

    Tacrezod Member

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    An Australian court on Thursday blocked Toyota Motor Corp from holding an employee vote on proposed contract changes, dealing a blow to the company as it seeks to cut costs and decide its manufacturing future in the country.

    The Federal Court of Australia upheld a complaint filed by four employees that Toyota could not change its work agreement until it expires in March 2015, Toyota said in a statement.

    Toyota Australia president and CEO Max Yasuda said he was disappointed with the court decision.

    "We believe that we are within our rights to vary our workplace agreement provided the majority of our employees support the changes through a formal vote," Yasuda said in a statement.

    Yasuda said the proposed changes were meant to remove "outdated and uncompetitive" terms and conditions to make Toyota Australia competitive.

    http://in.reuters.com/article/2013/12/12/australia-toyota-idINL3N0JR1N220131212
     
  15. TheEnd

    TheEnd Well-Known Member

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    Well like Holden they did agree to the original EBA/Contract......I dont know its a very hard decision....I suppose if it means keeping your job it need to be done......All I know is the news is REALLY BAD lately! :(
     
  16. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    I would have to say I don't think any of them are better off now than prior to contact with Western civilisations.
     
  17. AngloSaxon

    AngloSaxon Active Member

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    Seriously? You seriously think that the Japanese or the Koreans are worse off now than before contact with the West in the 18th/19th Centuries?
     
  18. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    Yes, they have lost a massive amount of their culture, Japan specifically I seem to remember something about a couple of world wars and a couple of atomic weapons that were dropped on them. Just because they have the Internet, play stations and Nintendos it does not mean they are better off. Korea and Japan have become very Americanised most likely from the wars and America influencing trade with both nations.

    As westerners we seem to think we are the best and everyone should be like us and they are better off because they are like us. What was wrong with Japan before the west used force to open the country up to trading? It was their country and they wanted nothing to do with the west but were forced to trade with the west from my understanding.

    Look at China, it was closed and the British pushed Opium down their throats because the British wanted tea. They took Hong Kong and used it to keep the doors open. Opium was not a positive thing for China, the Opium wars.....

    Vietnam was a French colony, they were not wanted by the Vietnamese. The Dutch were in Indonesia, about the only country that was not Colonised was Thailand.
     
  19. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    They "have lost a massive part of their culture." Oh no! Because just likes ours has been over the past few hundred years, culture is a static thing that had been perfected in the 1600s and should never change :p
     
  20. Byron

    Byron Guest

    A lot of Polynesians told us when in the Cook Islands they are grateful for Western Christian missionaries because before their arrival things were a lot more violent between the tribes and cannibalism was rife.

    Some Africans too have said to me that there were many positive aspects to colonial rule infrastructure, improvements in health, English as a lingua Franca between the tribes, good judicial and administrative systems etc.

    It is not a cut and dry issue as the left would like people to think.
     

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