Comments on: Holden Posts $146 Million Loss

By: AhMaDh

AhMaDh — Thu, 07 Jan 2010 10:09:25 +0000

its soooooooooo lot

why that ?

By: Mr Winky JR

Mr Winky JR — Mon, 18 Jun 2007 12:45:00 +0000

Here’s an idea Holden! Give me 150 million of the Australian currency unit and don’t do business in 2008! Whoar!

By: Lazybones

Lazybones — Mon, 18 Jun 2007 07:37:56 +0000

“would be awful to see any loss of jobs!”
Yes it would, but unfortunately I believe there will be more job loses.

Holden have overcooked the VE. Its selling at least 30% less than in the 2002-03 period. The market hasn’t bounced back quite as expected. So unless their Korean cars are being sold at massive margins. I’ll be tipping more trouble in the future.

By: Paul

Paul — Mon, 18 Jun 2007 04:01:22 +0000

Lol I think it would be…. no Research and development costs for Holden which is the biggest killer usually, relatively cheap to make and they sell them at prity standard prices, no major discounts over the competition

By: alborz

alborz — Mon, 18 Jun 2007 03:23:13 +0000

I would love to see some figures on the Korean range from Holden.

It would be great to know if the Korean range is more profitable for Holden than its Australian operation!

By: Paul

Paul — Mon, 18 Jun 2007 02:16:12 +0000

As Aldorz said as well… the VE has only had a negative effect on their financial statements without having the ability yet to have a positive one. What would be a better indicator of how they are going is what they budgeted for against whats actually happened. You will never get your hands on that, but at this stage it would be the only way to tell how they are truly fairing until the VE’s sales start to have an impact.

By: Paul

Paul — Mon, 18 Jun 2007 02:13:58 +0000

Its stated in the article… and is common sense… like any investment it involves intial outlays (ie development etc costs) before you get a return. Their profits will come as the trends from previous models show.

By: alborz

alborz — Mon, 18 Jun 2007 02:08:46 +0000

It will save them
the VE’s profits are not counted in this as the car came out sort of.. mid last year..

By: troy

troy — Mon, 18 Jun 2007 01:48:21 +0000

but VE was supposed to save them???

as much as i despise commodores, i hope holden can get their figures back up. would be awful to see any loss of jobs!