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    William Maley

    Ambitious Plan To Save Holden's Elizabeth Plant Is Halted

      The plan to save the Commodore and the Elizabeth plant is axed

    Back in December, we reported on the ambitious plan of Guido Dumarey, owner of the Punch International to buy General Motors' Elizabeth plant and the assets to the Commodore to build out a new range of rear and all-wheel drive vehicles in Australia.

     

    “Everything is planned. The next step is to inform all the parties with the right plan, and it happens next year. The announcement is that they will close in the end of 2017. In the first six months of next year we must work very hard to find solutions. Two thousand and sixteen is the key year. After ’16 we must not think about it, because all the programs have started to stop and it’s too late,” Dumarey told Motoring back in December.

     

    That ambitious plan has come to a halt. CarAdvice reports that General Motors and Punch International released a joint statement today stating that deal to keep producing vehicles at Elizabeth was “not possible in this case". The reasons are the same as to why Ford, GM, and Toyota are ending production in Australia; a lack of scale, high production costs, and a contraction in the supply base.

     

    Details of the plan and discussions cannot be discussed by either party due to a non-disclosure agreement.

     

    The joint statement is below.

     

    General Motors and Punch Corporation have undertaken and completed a detailed global evaluation of a proposal from Punch Corporation to continue manufacturing vehicles at Holden’s Elizabeth plant in South Australia.

     

    Both parties concluded that a viable business model was not possible for this case. Therefore the proposal will not be taken forward.

     

    GM and Punch have communicated on this decision.

     

    As discussions have been governed by a Non-Disclosure Agreement, neither party involved is able to discuss details of the proposal, nor the assessment.

     

    The challenges to domestic automotive manufacturing in Australia – lack of scale, high production costs, supply base contraction and increasing market fragmentation – persist and cannot be overcome for this business case.

     

    In particular, the wind down of the supply base following the manufacturing exit of the three existing car makers, and the critical production mass they represent, is insurmountable.

     

    GM thanks Punch Corporation for their proposal. GM will continue to consider Punch Corporation, along with other interested parties, to participate in the sale process of the Elizabeth plant and assets after GM ceases local manufacturing.

     

    Punch Corporation will continue to pursue other business opportunities in the Australian automotive sector.

     

    Source: CarAdvice

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    Sad but not unexpected. Australia has gotten so expensive to build stuff in. Truly a pure service country. Be interesting to see what it will take to reduce the cost of doing business in that little country.

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      View full article
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    • For shit like that I'd hire a landscaper, who would haul such content in a dump truck or trailer. 
    • You going to hand-shovel a ton & a half of wet stone into the back of a Suburban, trying to tarp the carpeted bottom & plastic sides of the interior to keep it from getting torn apart? Really? Re-read my post- people don't put LOOSE material of any considerable volume in a vehicle like a Suburban. Is it physically possible? Sure - but does it happen? But a lawn mower or a potted shrub or a few bags of mulch- a roofed SUV could handle as well as a 4-ft bed trucklette. The overlap in cargo capability of a 4-ft bed and a mid-size SUV is a LOT more than between a Suburban and a full-size pickup.  
    • So while a tarp for your friends Infinite was okay, is not okay for a Suburban? That makes zero sense and that is the double talk I was talking about here. What you just said about the Suburban can be applied to the Infiniti and it actually makes a case for the Hyundai in the process. Again, being hung up on the bed size caused this. 
    • Everything else (and a buttload of excuses by you) aside, I do find it amusing how you think bags of mulch don’t gets holes in them and leak everywhere like they tend to do. Quite frankly you have tried to play it both ways by touting Full size trucks on one hand while trying to say that SUVs are better suited for light work (they are not in this case) than the Santa Cruz while ignoring the fact that the SUV argument applies to full size trucks. This all started because of your “problem” with bed size which, quite honestly, seems to be your problem and your problem alone here but not everyone sees it as a problem and the positives have been pointed out in spades.     And I live in NC and have ZERO use for a snow blower. Thanks for playing though Balth but please don’t try and act like gas spillage inside a vehicle isn’t a issue (it is). Whether someone goes electric or not is 100% irrelevant and you are deflecting with that statement. And again, all of those efforts your Infiniti boy makes to accommodate loads in his SUV could by 99.9% mitigated and simplified by just having a small bed with which to carry those things without the follow up cleaning and tarp shaking lol. Seriously, stop trying to equate your needs with others here (or dropping your “friend” as an example that actually supported the need for something like the Hyundai).
    • A stylized yet generic appliance for generic people of suburbia.
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