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Old 02-01-2021, 09:56 PM   #44
MITCHAY
FF.Com.Au Hardcore
 
Join Date: Apr 2005
Location: Canberra
Posts: 13,329
Default Re: The curtains go down for Holden

It's very interesting to read about Peter Hanenberger and how Holden crashed and burned after the turnover in management since he left in 2003.

He seemed to have a long term vision while the rest seemed to be very short sighted.

It is interesting to note the profit and loss in Holden over the last 20 years. A great deal of that is attributable to the GFC, high AUD, the development costs of the VE, and the cutting of Government support as well being the final nail . It was a perfect storm.

The scenario where that didn't happen would be interesting to see where Holden would be now. It might have been kicking the can down the road but we did ride out the GFC pretty good and the AUD is a lot lower than it was then.

No doubt that the Commodore volume sellers were declining but with a better overall range and perhaps with more locally built models that catered to the market shift and also an export market we could be looking at a very different situation.

At this point all we get from looking back is a sore neck
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