INDUSTRY NEWS
Credit crunch
The fractured – nay, broken – American car market has forced Japan’s big four to turn to its government for financial assistance.
Report: Holden quits Oz by 2016
Today was supposed to be the day that Holden’s great export hope was launched in the US city of Palm Springs.
Nissan staff ‘OK to moonlight’
More signs of belt-tightening in Japan, with Nissan employees given the green light to moonlight while the company is quiet. Peter Nunn reports from Tokyo.
D Day for Holden
Today is D Day for Holden with reports swirling the embattled company’s boss, Mike Devereux, is this morning appearing before the government’s Productivity Commission and could use the occasion to announce the company’s withdrawal.
GM passes on billion dollar loan
Cost reduction and cuts across the board allow GM to hold its debt-ridden head up high.
Dead: Holden to cease manufacturing by 2017
Dead: Holden to cease manufacturing by 2017
Penny pinching
Opel dealers may top up GM’s empty piggy-bank to keep the wheels rolling.
Holden closure: company statement
Dead: Holden to cease manufacturing by 2017
Chery on top
When Ford puts the last remaining piece of the Premier Automotive Group pie up for auction, it may find Chery is the flavour of choice.
Holden closure: Toyota’s response
TOYOTA AUSTRALIA RESPONDS TO GM HOLDEN
Big cuts for BMW fat cats
The Bavarian carmaker is feeling the economic pinch, and warn employees that job and salary cuts are on the horison.
Holden closure: the full story
Holden to become full-line vehicle and parts importer with design studio staying
Meltdown in Motown
It was once the engine room of America and the car-building capital of the world. Now Detroit is in danger of stalling … permanently. How did it come to this and what will become of the Big Three?
Looking back: Holden’s countdown to destruction
2012 and 2013 were the beginning of the end for the Holden brand.Here’s how it unfolded
Toyota City in ruins
Inhabitants of Toyota’s home town struggle for work as automotive boom is replaced with economic gloom.
2013 VFACTS: Winners and losers
VFACTS data for 2013 reveals the Toyota Corolla as the best-selling passenger vehicle in Australia, just pipping the Mazda 3.
Toyota halves production, shuts manufacturing plants
Expecting its first official operating loss in six decades, the automotive superpower has slashed production in Japan and America.
Holden not going anywhere: Batey
Ex Holden MD adamant the lion brand won’t step aside for Chevrolet in Australia
Holden free to cherry pick in the future
Holden will be free to cherry-pick from General Motors global automotive portfolio after the closure of its Australian manufacturing operations in 2017.
Hyundai braces for busy year
Koreans attempt to crack six figures with a cornucopia of new cars over the next 12 months or so
GM posts second-biggest loss in operating history
The news does not get better from Detroit… Peter McKay reports on the latest figures and losses.
Holden denies holding Government to ransom
Holden has denied media reports that it is playing “double or nothing” with the Federal Government, demanding another $265 million in funding or else it will abandon local production in three years.
Ford: We could close before 2016
Ford admits it could cease manufacturing in Australia months or even years ahead of its original 2016 schedule.
February vehicle sales down 21.9 percent
This month’s VFACTS sales figures show more short-term doom and gloom for the local market, but spirits (and sales) should rise by June.
