General Motors to close Holden

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

  1. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Sounds fair to me so long as all the money is coming out of Holden's pocket. As I said you're just jelly
     
  2. AngloSaxon

    AngloSaxon Active Member

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    I won't be buying one. Current Buicks are all FWD with AWD in top spec models only. Large car in FWD means horrible torque steer, why would I bother. I would prefer to test drive a RWD BMW or go AWD: Suzuki Kizashi or Suburu Liberty or something else in the Suburu stable, even Audi if the budget stretches. Hyundai Genesis is RWD if they finally sent it here. And the Chrysler 300 SRT as a loyal V8 driver.

    The long wheel base Buicks work in China where having leg room on the road is apparently a status symbol. Not such an engaging drive if you want to go to the mountains or otherwise long distance like an Australian driver.

    AND in regards to the video on the AMWU guy, I went to the actual YT video page and a comment there points out the union thug almost catches himself out at about 01:00 when he just stops himself stating that the Government knew for 11 months GM's plans. Who was in government 11 months ago? Go cry crocodile tears on Kim Carr's shoulders.
     
  3. AngloSaxon

    AngloSaxon Active Member

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    News coming out of Ford and GM's US headquarters, both are expanding their North American manufacturing capacity, in lower cost countrie or lower cost factories than in Australia.

    Ford in particular are releasing 16 new models in the USA. The investment in tooling alone to produce so many new models, and all at once, would be immense.

    GM is pumping money into new engines including a new V6, and a 10 speed auto gearbox. All of which involves more mechanisation/robotics, and the AMWU would stand in the way of that here so why bother, close the factory. GM is also considering a dividend and the share price has risen 44% in 2013 - so something must be going right for them at the moment.

    And we've priced ourselves out of building any of that, and the populace seems content to take most of their new cars from Thailand or Korea.
     
  4. petey

    petey Active Member Silver Stacker

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    Sorry to dig this one up but I had to share this excerpt from a book I am reading:

     
  5. TheEnd

    TheEnd Well-Known Member

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    ^^^^^ Yep, this is why I quit my job of ten years in the same place everyday, same jobs over and over, plus a bad back getting sorer and sorer. Not to mention the factory was way too small for the business so ther was no room and it used to get to 50degrees in that place with no roof ventilation.....I actually FORCED them to buy us all big industrial fans so we could actually get work done in summer.

    Worst part is ther was a Fan factory 3 doors down the street but it took all my whinging and complaining to make them go buy some.

    Mind you they just spend 800k on rebuilding nice new offices and about 50k on fixing the workshop as little as possible!
     
  6. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Sounds like you'd make a great union rep.
     
  7. TheEnd

    TheEnd Well-Known Member

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    No, the way I see it is if your a hot and bothered your work input will slow down and the job wont get done.......If you are cool and calm you will put more in and the job gets done......Not hard and not even expensive to buy a few fans for the workers actually doing the hardest part of the job compared to a full Air Conditoning system being installed like the unions would demand.

    It used to get so hot I used to take my overalls off and tie them around my waist and wear a singlet......The overalls were quite thick too.....We used to have spray bottles with water and stand in front of fan for a break......Like I said no ventilation to remove the heat from factory in the morning from overmight and the ceiling was quite low in the factory also so the heat stayed in.

    After a few days of continuos heat it was basically unbearable for a full 8 hrs.
     
  8. TheEnd

    TheEnd Well-Known Member

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    The builders get to go home around 38 degrees which is fair enough but if you work in a stinking hot factory even at 50 dgerees (we had a thermometer stuck to wall) you gotta stay and make money.

    We did start at 6 am on the scorchers.

    My brother did 4 days of landscaping last week in Melbourne in 40+ but they couldn't do Friday, too hard........He had to tho cos he had no money after xmas.

    We used to laugh when the office staff/salesmen used to come out in the workshop asking questions about jobs etc and we'd say Oh hows the A/C is ther is it cool enough for you LOL!

    And now they got $800k worth of brand spankin new offices!
     
  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    +1

    So why didn't you just get a job in the office? :rolleyes:
     
  10. renovator

    renovator Well-Known Member

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    Too cold ? :p
     
  11. TheEnd

    TheEnd Well-Known Member

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    Ever actually been a tradie of any sort WrcMad? Yes I wouldn't mind an office job now that I hav a dis lodged verterbrae in my lower back that is constantly sore and sometimes can barely walk...AND after all the O.T I did for that company for 10 years while everyone else went home because they couldn't be bothered! :mad:

    Oh and then G.P sold me 30k of metals that were 'Apparently' goin to $5,000and beyond......Ye right!
     
  12. renovator

    renovator Well-Known Member

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    I dont think it matters who sold it to you . Investment decisions are your own responsibility.Most of us have made bad calls & done some money ....live & learn .
     
  13. TheEnd

    TheEnd Well-Known Member

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    Yes mate thanks I'm glad it was only 30k and not the 100k or more supposed to be making sometime this year

    I know realise it was the pressure on the system (GFC 1) that pushed Gold to 1,900........But now with QE to infinity that pressure has relieved massively and its really looking like The Fed have been playing us all along to keep the USD 'Numero Uno"! :rolleyes:
     
  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Yeah right.... of course you did all that OT for the company.... and carried the rest of the workforce for 10 years! :lol:
     
  15. TheEnd

    TheEnd Well-Known Member

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    If boss ask you if you want to work thers obviously work that needs to done.....The rest 'nah cant be bothered'.....7 to 6pm thru the week and 6.30 to 12 most saturdays for 10 yrs......I had 50k in the bank until last year!

    Oh and in that 10 years I witnessed the GFC and saw a few from offices get retrentched and also watched median house prices rise 100-200k so all I was doing was chasing my tail anyways.

    Thanks a lot Oz government! :eek:
     
  16. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    The overpaid underworked guy who sits in the air-conditioned office surfing the internet, wasting 8 hours on stacker forums and watching youtube while telling tradies what to do. That's my job and I'm good at it. :cool:
     
  17. TheEnd

    TheEnd Well-Known Member

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    Oh ye gotta loooooove the A/C........And all the new computers and seats that get updated every 3 years too! :lol:
     
  18. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Yep, generally after about 3 years my computer is absolutely riddled with porn and viruses so need a new one and I can't well surf the internet for 8 hours without a comfortable reclining leather back supported office chair. Now where's the work experience kid with my latte?
     
  19. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    That is my point. You were doing OT for you. :)
     
  20. TheEnd

    TheEnd Well-Known Member

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    Yes I was and I learned from my father that hard work can sometimes pay off......He's 63 now and still starting working at 6.45am......I cant wait till he's 65 to retire but I think he's going to have to keep working because living expenses are so high these days.....His council rates are something like 2.4k a year! :mad:
     

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