Holden asks for 265 million bailout!
- Thread starter TheEnd
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hawkeye said:errol43 said:systematic said:
Not quite mate.. $265 million divide by 23 million = just over $11 per head.
Regards Errol 43
http://www.toywonders.com/productcart/pc/catalog/5317D.JPG
Source:
Yea.. I never though of that.
..Well in that case I'll have a lambourghini please...Can you make it a blue one. That will match my blue tie..Regards Errol 43
Saw adverts for the new Australian made Holden Volt last night. Fully electric (with a backup petrol generator). Cutting edge tech that may upset the old Prius dominance. But $60k apparently 
systematic
Well-Known Member
errol43 said:systematic said:
Not quite mate.. $265 million divide by 23 million = just over $11 per head.
Regards Errol 43
oops you are right ... musta had one of those zimbabwean hyperinflationary moments
systematic
Well-Known Member
Eruaran said:
i doubt it will come from Toys R Us
It's stupid isn't it?bordsilver said:But $60k apparently
Rest of the worlds car manufacturers are trying to make cutting edge CHEAPER cars.
Whilst Holden gets bail out after bail out, then jacks up the price on theirs.
Perhaps Governments are the only one's likely to buy them in quantity in Australia and they are not price sensitive.
Ask and you shall receive... a $2bn bailout.
http://www.news.com.au/national-new...8217s-car-makers/story-fnho52ip-1226698747935
http://www.news.com.au/national-new...8217s-car-makers/story-fnho52ip-1226698747935
It isn't a Holden bail-out, it's a union dues bail-in.
AngloSaxon
Active Member
bordsilver said:Saw adverts for the new Australian made Holden Volt last night. Fully electric (with a backup petrol generator). Cutting edge tech that may upset the old Prius dominance. But $60k apparently
The ads may lead you to believe it's Australian made but it's not, it is made in the USA, and General Motors loses money on every one sold.
$60K and they still lose money!
FixedAngloSaxon said:bordsilver said:Saw adverts for the new Australian made Holden Volt last night. Fully electric (with a backup petrol generator). Cutting edge tech that may upset the old Prius dominance. But $60k apparently
The ads may lead you to believe it's Australian made but it's not, it is made in the USA, andGeneral Motorstaxpayer loses money on every one sold.
AngloSaxon
Active Member
Thanks wrcmad, you could have also made it: "Government Motors".
The costs of developing these new technology cars will probably never be recovered, apart from Toyota's Prius as it is the only one that sells.
Before they recover their development costs the technologies for 'low emission' cars will have changed again and be obsolete. The Mitsubishi iMiev is already on it's way out 5 years after going on sale. A sales failure.. Interesting to read motoring journalists say what they really think of it in their articles now that they aren't trying to sell it or being paid to try sell it. They all seem to hate it.
The costs of developing these new technology cars will probably never be recovered, apart from Toyota's Prius as it is the only one that sells.
Before they recover their development costs the technologies for 'low emission' cars will have changed again and be obsolete. The Mitsubishi iMiev is already on it's way out 5 years after going on sale. A sales failure.. Interesting to read motoring journalists say what they really think of it in their articles now that they aren't trying to sell it or being paid to try sell it. They all seem to hate it.