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Old 02-06-2009, 11:02 AM   #1
the big jg33
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Join Date: Dec 2005
Location: sydney
Posts: 16
Default GM bankrupt were to for Holden

Woke up today to see a press conference on the news, what greeted me was the CEO of holden australia, fronting the media, Mark reuss, faced with Gm's imminent bankruptcy, one couldnt help but notice the stress on this man as he was trying to do what was the industry norm, say 2 years ago and put a positive spin on a company which may be up the creek before we know it, every comment almost seemed pained, as it left mr reuss's mouth, now that Gm's bankruptcy has finally hit, it will be interesting to see how Holden copes, there was mention of an export program, albeit the pontiac/commodore G8, im kind of asking myself that program was probably there best shot in the past so what would replace it? Jobs seemed to be safe, although at lower production levels jow safe are they really, if you get to see this press conference, you may see what im referring to as far as a man giving people the answers they want to hear, but will the workers actually get the end result as promised, and will holden come through this all, its a true testament to Fords management, that although things are bad due to GFC as a company they are ina much better place, and surely Gm's bankruptcy has got to work in fords favor as far as product range and perception to the general public goes, i beleive it will be a very long time before GM remotely even becomes a fraction of the great company it once was, the stigma of having to bite the bullet and declare bankruptcy, cant be a good thing. would appreciate your thoughts on this

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