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Holden shifting some production to US

Holden shifting some production to US

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Old Jan 11th 2005, 8:20 pm
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Default Holden shifting some production to US

http://www.smh.com.au/news/National/...423490178.html

Holden's American dream: building the ute in the land of the free market

By Joshua Dowling, Motoring Editor in Detroit
January 12, 2005




The home-grown Holden ute and other iconic Australian cars such as the Monaro and Statesman could be built in the US and imported into Australia under a plan being considered by General Motors.

The establishment of the free trade agreement between Australia and the US has "moved the goalposts dramatically" on where Holden, General Motors' Australian outpost, may build some of its cars from as early as 2007.

The ute has been locally designed and built since the FJ Holden was introduced more than 50 years ago. The Monaro was resurrected after a team of young Melbourne designers created a two-door Commodore at their weekends. Now the Americans want to manufacture both cars, as well as Holden's luxury sedan, for US customers.

During his visit to the North American International Auto Show, Holden chairman and managing director, Denny Mooney, met executives from General Motors about production of the models.

One option is to assemble the Monaro, ute and Statesman in the US where they would be sold under General Motors brands. The Monaro would be sold as the Pontiac GTO, the ute as the Chevrolet El Camino and the Statesman as a luxury Buick. About 17 million new vehicles are sold in the US annually compared to 960,000 in Australia last year.
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Old Jan 11th 2005, 8:22 pm
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Default Re: Holden shifting some production to US

Sounds more like GM want to scrap some models and sell other models badged as the Statesman and the Monaro. The first casualty of the FTA.
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Old Jan 11th 2005, 9:06 pm
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Default Re: Holden shifting some production to US

Originally Posted by bondipom
Sounds more like GM want to scrap some models and sell other models badged as the Statesman and the Monaro. The first casualty of the FTA.
Exchange rate.
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Old Jan 11th 2005, 9:32 pm
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Default Re: Holden shifting some production to US

Originally Posted by Quinkana
Exchange rate.
That is changing the dynamics. There is also a 10 - 15% drop in import tarrifs which is supposed to be leading to cheaper, better specced cars this year. Not sure if that has impacted the forecourts yet.
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Old Jan 11th 2005, 9:49 pm
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Default Re: Holden shifting some production to US

"On January 1 the tax on imported cars dropped to 10 per cent from 15 per cent, a windfall many car companies were initially loath to pass on to customers."

"However, most car manufacturers warned the fluctuating Australian dollar and the rising price of steel would feed into new car prices as the year progressed, taking the prices back up."

Car buyers win tariff cuts
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Old Jan 11th 2005, 10:36 pm
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Default Re: Holden shifting some production to US

Originally Posted by bondipom
http://www.smh.com.au/news/National/...423490178.html

Holden's American dream: building the ute in the land of the free market

By Joshua Dowling, Motoring Editor in Detroit
January 12, 2005




The home-grown Holden ute and other iconic Australian cars such as the Monaro and Statesman could be built in the US and imported into Australia under a plan being considered by General Motors.

The establishment of the free trade agreement between Australia and the US has "moved the goalposts dramatically" on where Holden, General Motors' Australian outpost, may build some of its cars from as early as 2007.

The ute has been locally designed and built since the FJ Holden was introduced more than 50 years ago. The Monaro was resurrected after a team of young Melbourne designers created a two-door Commodore at their weekends. Now the Americans want to manufacture both cars, as well as Holden's luxury sedan, for US customers.

During his visit to the North American International Auto Show, Holden chairman and managing director, Denny Mooney, met executives from General Motors about production of the models.

One option is to assemble the Monaro, ute and Statesman in the US where they would be sold under General Motors brands. The Monaro would be sold as the Pontiac GTO, the ute as the Chevrolet El Camino and the Statesman as a luxury Buick. About 17 million new vehicles are sold in the US annually compared to 960,000 in Australia last year.
Holden is an American company, so makes sense to build them there.
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Old Jan 12th 2005, 7:21 am
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Default Re: Holden shifting some production to US

I saw somewhere that the Pontiac GTO (a.k.a Holden Monaro) wasnt doing too good in the US
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