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GM to exit RHD markets, Holden brand to die in Oz.


justins

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1 hour ago, jasonj80 said:

The decisions of late at GM it is becoming clear they are getting the company ready to be purchased by Hyundai or Toyota. 

 

By not manufacturing vehicles for a specific market that accounts for less than 1% of their world wide sales?

 

Maybe this is the path Ford is going down by discontinuing their sedans.  At least one auto writer that I know of has put Ford on a 5 year death watch-to be absorbed by somebody.

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6 hours ago, CKNSLS said:

 

By not manufacturing vehicles for a specific market that accounts for less than 1% of their world wide sales?

 

Maybe this is the path Ford is going down by discontinuing their sedans.  At least one auto writer that I know of has put Ford on a 5 year death watch-to be absorbed by somebody.


That writer got fired by Ford so not exactly an unbiased source, but yes if Ford doesn’t get this turn around right it will be part of VW.
 

GM is following the standard MBA cut everything, increase profit, look super efficient in the short term. Make the leadership look great as you streamline operations while shopping for suitors who walk out with eight to nine figure paydays. Long term you end up not being diverse in markets and have gutted your product pipeline (and they are doing that as well). Chrysler did the same thing in the late 90’s when Daimler came in. 

 

By GM exiting it also becomes harder when one market tanks and you’re left with less options for your products. (China is going to be really ugly the first half this year) And GMs latest core US product (other than the Corvette) hasn’t really brought anything new to a segment it competes in. It stops the loyal customers from leaving but they are not winning conquest. You have FCA/PSA going in to GMs core full-size SUV market, along with Ford which has been increasing share, but both companies do not have a dedicated assembly plant for production which adds to costs or leads to discounts to maintain the assembly plant.
 

Ford is actually a larger company now based on revenue as well. 

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