Holden to make major announcement to staff today

[Pepscobra]

Just heard on the news that Holden has called a meeting with all staff and supplier representatives for later today... Any idea why?

The news report put a negative spin on it and mentioned Ford closure as a comparison.

Fingers crossed not bad news.

[EDManual]

hmm, could it be they join ford in a 2016 shutdown?

[ford71V8]

Someone told me yesterday that GM employees were being asked to accept a $200-300/wk paycut in order to "guarantee" their job for next decade

?
I have no idea how valid this comment is, but it was mentioned to me yesterday

[Dave R]

If it is just a paycut to staff, why are they calling in supplier reps?

[Pepscobra]

Originally Posted by Adrenaline

If it is just a paycut to staff, why are they calling in supplier reps?

I would assume supplier contracts will also come under renegotiation?

[cobramania]

It's also rumoured Holden need at least 100 more workers to take redundancy to stay afloat.
If they don't get the more funding from the Government they're after, they'll go the way of Ford anyway.

[block58]

My prediction:

-Commodore as we know it to finish in 2017
-All manufacturing will be with complete knock-down kits like the Cruze
-Very few Australian components, hence why they require the suppliers at the meeting
-Job cuts

Holden are committed to manufacturing in Australia, so this will not be a Ford-like announcement.

[madmelon]

Originally Posted by block58

My prediction:

-Commodore as we know it to finish in 2017
-All manufacturing will be with complete knock-down kits like the Cruze
-Very few Australian components, hence why they require the suppliers at the meeting
-Job cuts

Holden are committed to assembling in Australia, so this will not be a Ford-like announcement.

Fixed that for you...

[KIWI-1]

Originally Posted by block58

All manufacturing will be with complete knock-down kits like the Cruze

Didn't know they were CKD. If they go CKD only they will still be on borrowed time like NZ was in the 90s.

[JC]

Originally Posted by KIWI-1

Didn't know they were CKD. If they go CKD only they will still be on borrowed time like NZ was in the 90s.

Most of Oz doesn't know that! You ask most people, and they tell you that the Cruze is made here. And it is, but not really - it's just assembled.

[nstg8a]

Originally Posted by JC

Most of Oz doesn't know that! You ask most people, and they tell you that the Cruze is made here. And it is, but not really - it's just assembled.

And half of them think anything else with a holden badge is made here too

[bobthebilda]

Originally Posted by JC

Most of Oz doesn't know that! You ask most people, and they tell you that the Cruze is made here. And it is, but not really - it's just assembled.

And Holden word it accordingly. To be called "Made in Australia", i think by definition more than 50% of it has to be done here, but Holden say the Cruze is "built" in Australia. They would be taken to court by the ACCC if they were to use "Made in Australia" for the Cruze.

[stevz]

Originally Posted by KIWI-1

Didn't know they were CKD. If they go CKD only they will still be on borrowed time like NZ was in the 90s.

Cruze is not CKD as suggested. Far from it. Sheetmetal is stamped here and many other components are made by local suppliers.
Some people should get their facts straight before posting blatant misinformation.

[prydey]

Originally Posted by stevz

Cruze is not CKD as suggested. Far from it. Sheetmetal is stamped here and many other components are made by local suppliers.
Some people should get their facts straight before posting blatant misinformation.

and yet its still illegal to slap that logo in your avatar on it. australian made and made in australia should never be confused to mean the same thing.

[stevz]

Originally Posted by prydey

and yet its still illegal to slap that logo in your avatar on it. australian made and made in australia should never be confused to mean the same thing.

Name a car that is worthy of that logo then? Most here regard Falcon and Territory as true blue Aussie yet they are full of imported components. What about the "all Aussie" I6 which has a Mexican cast head? So many hypocrites here who are happy to bend the truth and invent their own facts when it is convenient for them.

[fte50]

Originally Posted by stevz

Cruze is not CKD as suggested. Far from it. Sheetmetal is stamped here and many other components are made by local suppliers.
Some people should get their facts straight before posting blatant misinformation.

Inferior Sheetmetal imported from China, stamped here, at the detriment of Bluescope .

[burnz]

Originally Posted by fte50

Inferior Sheetmetal imported from China, stamped here, at the detriment of Bluescope .

all holden steel comes from "one steel", period.

[Gobes32]

Article here suggests it is just a run of the mill "state of the nation" meeting. And unions have come out and categorically denied pay cuts were on the table..........

http://www.victorharbortimes.com.au/...s-union/?cs=12

[Pepscobra]

Originally Posted by Gobes32

Article here suggests it is just a run of the mill "state of the nation" meeting. And unions have come out and categorically denied pay cuts were on the table..........

http://www.victorharbortimes.com.au/...s-union/?cs=12

Thanks for that.

Are the Unions saying there will be no pay-cuts or that they will not accept a proposal of pay-cuts?

[Gobes32]

Say's there will be no pay cuts, does not say that Holden didn't ask...... ;-)

[pottery beige]

way around pay cuts.. more work out of less people's....

[Pepscobra]

Originally Posted by pottery beige

way around pay cuts.. more work out of less people's....

Very true unfortuneatly. I wish the unions could help the workers understand this. What's better? Some people lose their jobs? Or everyone keeps their jobs, but earns a bit less and the Company keeps going?

This happened to my company recently.

[Professor Farnsworth]

announcement to be made at 2:45pm

[bobthebilda]

Down Days? Decrease in Production rates? They only need to make 100 cruzes a day to meet current sales, which leaves 240 commodore derivatives a day from a daily production of 340. That approx. 4800 commodores / Utes / Caprices in a 20 day work month.

[neptune blue]

Hang on a minute didn't the AMWU state that the new EBA that was negotiated with Holden some 10 months ago was unprecedented in the industry and now they have to take a pay cut ???

[turbodewd]

Thats a pretty big paycut!

Ultimately the demise of the AU auto industry was caused by the GFC. the US and Euro economies have tanked. Ours remained resilient due to China and our dollar remained high.

Our wages are just too high compared to europe and the US...

[Pepscobra]

Originally Posted by turbodewd

Ultimately the demise of the AU auto industry was caused by the GFC. the US and Euro economies have tanked. Ours remained resilient due to China and our dollar remained high.

Our wages are just too high compared to europe and the US...

not a bad summary, I would tend to agree.

[Rodge]

Who's next Toy Otter ?

[Pepscobra]

Has announcement been made yet?

[block58]

Originally Posted by Pepscobra

Has announcement been made yet?

I think so

http://www.news.com.au/business/hold...-1226665581042