Mitsubishi Bailout
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Mitsubishi Bailout
$50,000,000 for Mitsubishi. 'The Australian Page 6'
Well, isn't it funny that the govt. bails out Mitsubish but does little to help Ansett.
Not that I condone any waste of taxpayers $$ - also $50 mil. Would have been a drop in the bucket for Ansett.
It just seems more than a bit hypocritical to me.
Well, isn't it funny that the govt. bails out Mitsubish but does little to help Ansett.
Not that I condone any waste of taxpayers $$ - also $50 mil. Would have been a drop in the bucket for Ansett.
It just seems more than a bit hypocritical to me.
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I think the total amount so far is closer to $2 billion, from what I read in The Advertiser.
I wonder when the government will stop giving them money. If the company needs this extra money all the time just to remain competive, then it could be time they asked some serious questions about Mitsubishi's operation.
I think they need to look up the road to Holden's operations, then they could get some hints on how to make a real car, that makes money !!
Cheers,
Capt EFIS.
I wonder when the government will stop giving them money. If the company needs this extra money all the time just to remain competive, then it could be time they asked some serious questions about Mitsubishi's operation.
I think they need to look up the road to Holden's operations, then they could get some hints on how to make a real car, that makes money !!
Cheers,
Capt EFIS.
Mitsi VS Holden
Mr EFIS,
Have you ever wondered why there are no Holdens anywhere except OZ?
The reason for their continued good sales performance is not the integral excellence of its american supplied design and parts but merely the government tariffs and foreign import restrictions. Take away the gov protection and your precious and poor performing. high maintenance Holden will be ancient history.
Since I am currently surrounded by american vehicle models, I can confirm that even the yanks are switching to Jap because the american design, durability and quality are crap.
As for Ansett. I think you aussies had plenty of time to fark that up yourselves before ANZ got hold of it.
Have you ever wondered why there are no Holdens anywhere except OZ?
The reason for their continued good sales performance is not the integral excellence of its american supplied design and parts but merely the government tariffs and foreign import restrictions. Take away the gov protection and your precious and poor performing. high maintenance Holden will be ancient history.
Since I am currently surrounded by american vehicle models, I can confirm that even the yanks are switching to Jap because the american design, durability and quality are crap.
As for Ansett. I think you aussies had plenty of time to fark that up yourselves before ANZ got hold of it.
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No Holdens anywhere except Australia??
Holden export about 30,000 cars to overseas markets each year, the reason you might not know of them is that they are renamed as "Chevrolet" and other brands depending on where they go.
Cheers,
Capt EFIS.
Holden export about 30,000 cars to overseas markets each year, the reason you might not know of them is that they are renamed as "Chevrolet" and other brands depending on where they go.
Cheers,
Capt EFIS.
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Global Holdens
Best selling car in NZ for two years running was the Holden Commodore. And that includes beating Toyota Corolla. They are known elsewhere as Capt EFIS says by Chevrolet, Opel or some other GM badge name.
Kermie
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Have you ever wondered why there are no Holdens anywhere except OZ?
Um, Saudi Arabia, Kuwait, the United Arab Emirates, Oman, Qatar, Bahrain, Lebanon, Syria and Yemen, left hand drive Commodores are marketed as Chevrolet Luminas.
Holden's export portfolio expanded in 1999, with the first shipments of long wheelbase left hand drive Holden Statesman models to the Middle East.
Branded as the Chevrolet Caprice, sporting the Generation III V8 engine and available in three levels - LS, LTZ and SS - these models satisfy the Middle Eastern markets' preference for large, powerful rear wheel drive vehicles.
In 2000 Holden began shipments of right hand drive SS Commodores to South Africa, Namibia and Botswana.
Other significant Holden export markets include South America and New Zealand.
Regionally, Holden has expansion plans for a number of Asian markets, including Indonesia.
A number of vehicle collectors in the 'states have also imported their own Commodores from Australia to the US for their own use.
Regards,
4/J
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I see Australian made, rebadge Commodore / Chevy cars all over Middle East and have read recently that your long wheel Commodore and stunning Monaro are to be rebadge and exported to the USA at the end of 2002.
It is hard for someone from outside to understand why Australians are not proud of some of the best looking big rear wheel drive cars in world.
It is hard for someone from outside to understand why Australians are not proud of some of the best looking big rear wheel drive cars in world.
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I recall a couple of years ago - the Commodore (rebadged as a Chevy) clearly won a head-to-head competition for the lucrative USA Police Pursuit Car Tender.
As part of the G.M. group, it was presented as a good 'ol 'merican auto.
But alas, a whinge from a couple of the losers resulted in the 'USA company clause' in the contract to be re-interprated as 'Made in the USA'
Pity, would have been many 000s of vehicle exported.
It would be weird seeing a SS Commodore on 'COPS'.
As part of the G.M. group, it was presented as a good 'ol 'merican auto.
But alas, a whinge from a couple of the losers resulted in the 'USA company clause' in the contract to be re-interprated as 'Made in the USA'
Pity, would have been many 000s of vehicle exported.
It would be weird seeing a SS Commodore on 'COPS'.
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Perhaps previous events fade with passage of time but I do recall that Holden, Ford and Toyota have received many hundreds of millions from governments both Federal and State. The motor industry has been one of the major beneficiaries of taxpayer handouts. Not trying to justify it but just pointing out the facts.
Last edited by pterodactyl; 28th Apr 2002 at 06:01.
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Again
If we have a Govt. (labour & Lib/Nat) that is in the hadit of using taxpayers money to save cancerous companies - why wasn't Ansett given a better chance.
16,000 jobs + 30,000 indirect jobs is not insignificant.
16,000 jobs + 30,000 indirect jobs is not insignificant.
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Rich-Fine-Green,
The simple (and simplistic) answer is that the Minister for Qantas was involved in the decission making.
As to car exports, Ford did a bit in the late 80's, sending a coulpe of hundred Fairlanes to Japan, Mitsubishi have sent Magnas to the US, and Holden have been sending Commodores to Singapore & Sth Africa since the late '80's. Australia's 6th largest car maker, HSV has been exporting to NZ and the UK for a number of years.
The simple (and simplistic) answer is that the Minister for Qantas was involved in the decission making.
As to car exports, Ford did a bit in the late 80's, sending a coulpe of hundred Fairlanes to Japan, Mitsubishi have sent Magnas to the US, and Holden have been sending Commodores to Singapore & Sth Africa since the late '80's. Australia's 6th largest car maker, HSV has been exporting to NZ and the UK for a number of years.
Hang on here a minute - without reverting to all that old '89 stuff, Rich-Fine-Green I think you fail to realise that at that very time Ansett and indeed Australian Airlines were given an amount of money by the Federal Government.
How much??????? Ironically........ A$50,000,000.
Now my personal opinion was that it was highly immoral for any government to put taxpayers money into a private company (especially when one company was owned by a mate of the PM's).
Furthermore, how much do you need to put into a basket case to keep it alive?
Companies will always come and go and there will be replacements providing employment for many more than their inefficient predecessors.
Putting more $ into a fiscal disaster area like Ansett would have been a complete waste of the 49 cents in the dollar I pay as an income earner in Australia. I have also been affected by company collapses and it aint fun, but I do not believe in propping up inefficient corporate monoliths who by virtue of their slovenliness are retarding an industry which may well otherwise boom.
How much??????? Ironically........ A$50,000,000.
Now my personal opinion was that it was highly immoral for any government to put taxpayers money into a private company (especially when one company was owned by a mate of the PM's).
Furthermore, how much do you need to put into a basket case to keep it alive?
Companies will always come and go and there will be replacements providing employment for many more than their inefficient predecessors.
Putting more $ into a fiscal disaster area like Ansett would have been a complete waste of the 49 cents in the dollar I pay as an income earner in Australia. I have also been affected by company collapses and it aint fun, but I do not believe in propping up inefficient corporate monoliths who by virtue of their slovenliness are retarding an industry which may well otherwise boom.
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Regarding the informed comments of my learned peers....
The car industry and airlines are chalk and cheese......
No time to support avaition unless you are sitting on the back of a huge share offering from Qantas, flying first class everywhere.
The amazing thing in all the rhetoric that ebbs from the mouths in Canberra is that aren't we supporting a zero tariff policy? where the competition on international markets dictates the end product supplied? yadda yadda, level playing field?
Funny though cars are different to agriculture, minerals and even aviation. The good ol boys in Canberra told us so many times the market with a competitive environment is so much better for the consumer, more products/services and more choices, therefore lower prices.
Apply this theory to Aviation. Regulated environment,Ansett and Qantas. A fantasitic duopoly....De-regulate it and you end up with Qantas and a lil VB....Prices well......Choices well?
As Ive said before 50 years ago we were throwing bullets at those same Japenese now we throw money to them. We listen to garbage from politicians about national interest. I simply pose the question. Surely being able to get to regional Australia is part of the National interest? Surely a viable Aviation industry is national interest as valuable as any manufacturing sector...then again only 57 years after the end of WW2 construction of a railroad is beginning that will link Darwin and Alice Springs. The lack of transportation infrastructure very nearly cost a lot more than national interest 60 years ago......
Then again maybe we should start again get rid of those who claim to protect the national interest, bit like the French did....Then again they ended up with Chirac........hmm
My head hurts.
"9 iron James"
The car industry and airlines are chalk and cheese......
No time to support avaition unless you are sitting on the back of a huge share offering from Qantas, flying first class everywhere.
The amazing thing in all the rhetoric that ebbs from the mouths in Canberra is that aren't we supporting a zero tariff policy? where the competition on international markets dictates the end product supplied? yadda yadda, level playing field?
Funny though cars are different to agriculture, minerals and even aviation. The good ol boys in Canberra told us so many times the market with a competitive environment is so much better for the consumer, more products/services and more choices, therefore lower prices.
Apply this theory to Aviation. Regulated environment,Ansett and Qantas. A fantasitic duopoly....De-regulate it and you end up with Qantas and a lil VB....Prices well......Choices well?
As Ive said before 50 years ago we were throwing bullets at those same Japenese now we throw money to them. We listen to garbage from politicians about national interest. I simply pose the question. Surely being able to get to regional Australia is part of the National interest? Surely a viable Aviation industry is national interest as valuable as any manufacturing sector...then again only 57 years after the end of WW2 construction of a railroad is beginning that will link Darwin and Alice Springs. The lack of transportation infrastructure very nearly cost a lot more than national interest 60 years ago......
Then again maybe we should start again get rid of those who claim to protect the national interest, bit like the French did....Then again they ended up with Chirac........hmm
My head hurts.
"9 iron James"
