Out of the ashes of Holden rises the Chinese dragon
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Out of the ashes of Holden rises the Chinese dragon
If the unions close down all industry in Australia who will they monster with their extortion and industrial blackmail then ?
Or will the unions transition into SUPER Fund companies ?
How Holden's demise could be the making of Great Wall in Australia
Scott Collie 2 days ago
The factory that used to build the Holden Colorado will be sold to Chinese company Great Wall, General Motors has confirmed.
The General Motors (GM) decision to pull out of right-hand drive markets could kickstart Great Wall's aggressive push into the Australian market.
Having yesterday officially withdrawn from the Australian and Thai markets, GM announced Chinese brand Great Wall Motors has committed to buying the Thai plant currently supplying the Holden Colorado dual-cab ute and seven-seat Trailblazer SUV.
Great Wall has set huge sales goals for its latest dual-cab ute, claiming the as-yet unnamed load-lugger has been engineered to be one of the world's three top-selling utes.
Purchasing the GM plant in Rayong, Thailand, is a sign Great Wall is serious about hitting that goal.
With sales slowing in the Chinese car market, growing in ute-crazy south-east Asia (ASEAN) and Australia – where the Ford Ranger and Toyota HiLux are consistently the best-selling cars in the country – will be critical for Great Wall going forward.
Thailand – dubbed the Detroit of south-east Asia – will be a manufacturing hub from which it can drive that growth.
It will also see Great Wall building cars in the same place Toyota, Isuzu, Nissan, Mitsubishi, Mazda, and Ford produce their dual-cab utes, allowing the Chinese brand to tap into Thailand's vast supply chain and manufacturing knowledge.
"Great Wall Motors will expand through the entire ASEAN region with Thailand as the centre, and export its products to other ASEAN countries as well as Australia," the company said yesterday in a statement.
The first signs of Great Wall's bold international aspirations came at the 2019 Shanghai motor show, where the company's Australian chief operating officer said the brand "is seriously seeking to develop the outside China business".
"In the past, Great Wall had a huge growing chance in the domestic market, so the Great Wall brand focused on the domestic market," he said. "Now, the situation has totally changed."
The GWM purchase of GM's Rayong plant hasn't gone unnoticed by Australian dealers, many of which run Great Wall and Haval showrooms alongside Holden dealerships.
"If you don't think the might of China is going to arrive, you're very naive," one dealer told CarAdvice.
"Buying the plant shows a lot of forward thinking," the dealer said, arguing it's an "obvious sign" Great Wall is going to give Australia and south-east Asia a "decent crack" – even if demand in China picks up again.
"Hopefully Great Wall can fill a few Holden dealership holes," the dealer told CarAdvice.
Great Wall Australia acknowledged the agreement to buy the Rayong plant, but said "at this stage we don't have anything to share" when asked about plans for the factory.
The company sold 1401 cars in Australia last year, up from 784 in 2018. Its only model is the bargain-basement Steed ute (pictured above).
Thailand isn't the only place Great Wall has swooped on GM's unwanted assets. Last month, it bought The General's last factory in India with plans to produce electric vehicles and SUVs.
https://www.caradvice.com.au/827648/hol ... reat-wall/
Or will the unions transition into SUPER Fund companies ?
How Holden's demise could be the making of Great Wall in Australia
Scott Collie 2 days ago
The factory that used to build the Holden Colorado will be sold to Chinese company Great Wall, General Motors has confirmed.
The General Motors (GM) decision to pull out of right-hand drive markets could kickstart Great Wall's aggressive push into the Australian market.
Having yesterday officially withdrawn from the Australian and Thai markets, GM announced Chinese brand Great Wall Motors has committed to buying the Thai plant currently supplying the Holden Colorado dual-cab ute and seven-seat Trailblazer SUV.
Great Wall has set huge sales goals for its latest dual-cab ute, claiming the as-yet unnamed load-lugger has been engineered to be one of the world's three top-selling utes.
Purchasing the GM plant in Rayong, Thailand, is a sign Great Wall is serious about hitting that goal.
With sales slowing in the Chinese car market, growing in ute-crazy south-east Asia (ASEAN) and Australia – where the Ford Ranger and Toyota HiLux are consistently the best-selling cars in the country – will be critical for Great Wall going forward.
Thailand – dubbed the Detroit of south-east Asia – will be a manufacturing hub from which it can drive that growth.
It will also see Great Wall building cars in the same place Toyota, Isuzu, Nissan, Mitsubishi, Mazda, and Ford produce their dual-cab utes, allowing the Chinese brand to tap into Thailand's vast supply chain and manufacturing knowledge.
"Great Wall Motors will expand through the entire ASEAN region with Thailand as the centre, and export its products to other ASEAN countries as well as Australia," the company said yesterday in a statement.
The first signs of Great Wall's bold international aspirations came at the 2019 Shanghai motor show, where the company's Australian chief operating officer said the brand "is seriously seeking to develop the outside China business".
"In the past, Great Wall had a huge growing chance in the domestic market, so the Great Wall brand focused on the domestic market," he said. "Now, the situation has totally changed."
The GWM purchase of GM's Rayong plant hasn't gone unnoticed by Australian dealers, many of which run Great Wall and Haval showrooms alongside Holden dealerships.
"If you don't think the might of China is going to arrive, you're very naive," one dealer told CarAdvice.
"Buying the plant shows a lot of forward thinking," the dealer said, arguing it's an "obvious sign" Great Wall is going to give Australia and south-east Asia a "decent crack" – even if demand in China picks up again.
"Hopefully Great Wall can fill a few Holden dealership holes," the dealer told CarAdvice.
Great Wall Australia acknowledged the agreement to buy the Rayong plant, but said "at this stage we don't have anything to share" when asked about plans for the factory.
The company sold 1401 cars in Australia last year, up from 784 in 2018. Its only model is the bargain-basement Steed ute (pictured above).
Thailand isn't the only place Great Wall has swooped on GM's unwanted assets. Last month, it bought The General's last factory in India with plans to produce electric vehicles and SUVs.
https://www.caradvice.com.au/827648/hol ... reat-wall/
- Black Orchid
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Re: Out of the ashes of Holden rises the Chinese dragon
I wouldn't buy a Chinese car EVER!
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Re: Out of the ashes of Holden rises the Chinese dragon
China has been stealing US manufacturers blind of technology. Now they are finding markets for it. GM has been letting China build Buicks and Cadillacs for the Chinese and stealing every bit of technology in the process.
We should have let GM die when they went bankrupt.
We should have let GM die when they went bankrupt.
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Re: Out of the ashes of Holden rises the Chinese dragon
But those glorious Cadillacs must never die. And what about those grunty Camaros ?
- Outlaw Yogi
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Re: Out of the ashes of Holden rises the Chinese dragon
Same here, they can keep their rice grinders made from Simsmetal scrap no matter how cheap they get.
Indeed!
If Donald Trump is so close to the Ruskis, why couldn't he get Vladimir Putin to put novichok in Xi Jjinping's lipstick?
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- brian ross
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Re: Out of the ashes of Holden rises the Chinese dragon
Personally, I wouldn't buy a US designed or made car, ever. Nothing against the US but rather they are ugly vehicles which don't appeal to me. I'd rather a European designed or made car. I had a Saab for several years. Excellent car. Superbly designed. Just cost a fortune to maintain. Before that a Volvo for about 15 years. I now drive a Hyundai. Again, an excellent car and superbly designed. I'd be willing to try a Chinese designed or made car. Nothing against them as far as looks go.
Nationalism is not to be confused with patriotism. - Eric Blair
- Bobby
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Re: Out of the ashes of Holden rises the Chinese dragon
brian ross wrote: ↑Sun Feb 23, 2020 1:57 pmPersonally, I wouldn't buy a US designed or made car, ever. Nothing against the US but rather they are ugly vehicles which don't appeal to me. I'd rather a European designed or made car. I had a Saab for several years. Excellent car. Superbly designed. Just cost a fortune to maintain. Before that a Volvo for about 15 years. I now drive a Hyundai. Again, an excellent car and superbly designed. I'd be willing to try a Chinese designed or made car. Nothing against them as far as looks go.
Sure - comrade.
- brian ross
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Re: Out of the ashes of Holden rises the Chinese dragon
Anytime, KomradeBobby wrote: ↑Sun Feb 23, 2020 3:56 pmSure - comrade.brian ross wrote: ↑Sun Feb 23, 2020 1:57 pmPersonally, I wouldn't buy a US designed or made car, ever. Nothing against the US but rather they are ugly vehicles which don't appeal to me. I'd rather a European designed or made car. I had a Saab for several years. Excellent car. Superbly designed. Just cost a fortune to maintain. Before that a Volvo for about 15 years. I now drive a Hyundai. Again, an excellent car and superbly designed. I'd be willing to try a Chinese designed or made car. Nothing against them as far as looks go.
Nationalism is not to be confused with patriotism. - Eric Blair
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Re: Out of the ashes of Holden rises the Chinese dragon
The Greeny BRossy is acting against his Greeny ideals of riding a bike.
1981 Camaro Pure gleaming grunt!! Vroom Vroom!!!!
1981 Camaro Pure gleaming grunt!! Vroom Vroom!!!!
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