Quote:
Originally Posted by Bevsta007
Could be, but reading the article they cut 3700 jobs and transferred 2000 to do so. one way to make profit is to get rid of expenditure
also noting the models they have been selling were all GM developed.
and from comments on the article:
The products they’re selling now were paid for by GM. After that, there’s little in the pipeline except PSA products.
In total they’re lose nearly 10,000 employees split evenly between technical and factory workers.
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Since selling Opel Vauxhall to PSA, GM has even less reason to be in RHD markets than Ford.
Now that PSA and Fiat Chrysler are merging, GM will want to end ties with PSA so what that
means for Holden is anyone's guess...
The only way GM stays in RHD countries is to partner with someone that can supply RHD models,
it's just not worth it for GM to keep designing low volume RHD models, just give that work to
another manufacturer.