Only thing that would have resulted in...
Less choice and higher prices for the remaining ones...
If you don't like trucks, stop buying stuff.
If you think it's sad goto Detroit.
It's an inevitability caused by you, the purchaser.
I remember the rush to buy the Toyota Corona with its synchromesh gearbox that nobody understood. Then the Japanese attack followed. First they attacked our country then our industry, but you all genuflected and purchased. Cheap, cheap.
Now you cry because a sensible decision was made not to flog a dying horse.
if Ford or Holden had made a Toyota Corona and a Land Cruiser things would have been different.
I have been saying for years, Ford and Holden must have an agreement with Toyota, not to challenge them
Well, it's all over.
Did anyone really shed a tear?
I have heard that the ford and holden facilities already have tennants ready to do something there, as for toyota WGAF.
Sensible , is getting a return of 9 times your investment.
Stupid is removing that investment and it costing you 3 times that in higher outgoings and lower incomes.
Figures have all been posted before : A $9.50 return for every dollar subsidy spent. Now 15-25,000 full time jobs gone and a $300-$600 million in welfare increase. That's smarts!
Crying over spilt milk Frantic.
The writing was on the wall for years and years but no one wanted to read it.
Thus , regardless of economic figures , the inevitable occurred...didn't it?
Looking at some figures recently. There has been a reasonable take up in other jobs post Holden.
Many long term employees appear to have received a nice payout and are retiring/semi-retiring.
I wish all those impacted a quick return to stability in other industries...
In much the same way automation removes certain jobs, it brings about others - servicing the automation systems.
Hopefully many will upskill and move into new careers...
Absolutely spot on my friend, "on the wall for years but no one wanted to read it",...ain't that the truth.
The real blame lies with those in Detroit, who for years made Detroit/Dearborn U.S. biased decisions at the expense of Aussie Holden & Ford, including moving with the times to produce a vehicle that Aussies actually wanted to buy.
Pickles.
Unfortunately it wasn't "inevitable " but we got played for suckers.
We are going to import about 200,000 cars from our "free trade partner" who allows manufacturers to pay zero tax, about 4x the level of support we used to do, wages have zip to do with that!
On top of that we are going to import a ****load of euro cars who are all supported to the rate of 2times what we did and most of whom sell fewer specific models in their country of origin than we bought falcons, commodores or Camrys .
Export incentives seem to do that.
Ford is a good example, mondeo ,focus from Europe with double our support from their govts, fiesta ,ranger and Everest from Thailand (tax free for ford on profits selling those 40-50,000 to us).......... Yet Thailand bought less cars than us...
Just imagine if instead of blasting the subsidies, we had offered a dittto Deal and zero tax on exports with extra incentives ( I don't know say match USA/EU on those exports)so instead of loosing a sector with over 50,000 employees in direct and parts supply companies, we could have grown it and actually reduced unemployment?
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