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#298872 - 9th Mar 2009 1:21pm VAUXHALL/OPEL IN 'TERRIBLE TROUBLE'
StuyMac Offline

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Registered: 24th Nov 2003
Posts: 12002
Loc: Wirralshire
Taken from a Pistonhead artical...

No escape route yet for GM



Vauxhall and Opel are in ‘terrible trouble’ as their parent company General Motors moves closer to filing for bankruptcy in the US.

That’s the frank verdict of business secretary Peter Mandelson who says the UK and German governments are locked in a debate about how - or indeed if – they should intervene to support moves to spin-off the famous European brands as a separate European entity.

The dilemma is likely to be high on the agenda when Gordon Brown meets German chancellor Angela Merkel who is visiting the UK next weekend.

Reports say that two governments are pressing GM for convincing restructuring plans for the two European GM brands. Opel has already requested nearly £3bn in emergency funding from the German government - which has expressed strong anger about the lack of support from GM for its operations in Europe. UK officials say they still have no specific proposals from Detroit as to the level of support that Vauxhall is likely to demand.

Vauxhall employs 5000 people in the UK while Opel employs as many as 25,000 in Germany.


FFS why cant these companys manage themselves well enough not to need "hand outs" from governments think

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#299017 - 9th Mar 2009 5:24pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: StuyMac]
AX_125 Offline

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Registered: 10th Nov 2003
Posts: 3793
Loc: Home
doesn't look good :s
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#299025 - 9th Mar 2009 5:33pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: StuyMac]
uggla Online   content
Smartchild

Registered: 6th Feb 2009
Posts: 509
Loc: Bromborough
The problem is vauxhall are paying 5000 people to build cars they cannot sell.

The recession looks like they isnt an end to it in the near future
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#301688 - 18th Mar 2009 9:32am Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: uggla]
DavidB Offline
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Registered: 7th Dec 2003
Posts: 5610
Loc: Bebington, Wirral
They're building too many cars.
Why don't they just recycle/repair older cars??
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#301708 - 18th Mar 2009 1:33pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: DavidB]
AX_125 Offline

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Registered: 10th Nov 2003
Posts: 3793
Loc: Home
A common joke about GM is that they are a pensions provider with an annoying loss making car building company on the side.

Suppose the problem they face, high margins are based on high output, lower the output and the more processes added into building a car (such as recycling) would add more costs.

Porsche seem to have the right idea, build a lower number of cars with higher margins, makes them a cash rich company
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#301709 - 18th Mar 2009 1:44pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: AX_125]
MGCraig Offline
AlfaHolic
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Registered: 16th Apr 2006
Posts: 5488
Loc: Spital
Also helps if they make good quality, attractive cars that people actually want... not "Just afford"
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#301732 - 18th Mar 2009 4:08pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: MGCraig]
DavidB Offline
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Registered: 7th Dec 2003
Posts: 5610
Loc: Bebington, Wirral
That goes with all mass-produced cars. Brand new car? Yuck, no thanks.
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#301747 - 18th Mar 2009 4:44pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: DavidB]
MGCraig Offline
AlfaHolic
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Registered: 16th Apr 2006
Posts: 5488
Loc: Spital
Well yea.... but no-one sits there in school or university etc and says....

"One day, I wanna live in a 3 bedroom semi detached house with an alcoholic wife, 3 annoying and expensive children, work a crappy 9-5 office job every day of my life....and buy a Superb Looking Silver Vauxhall Astra....Phwoar...thats the life.

raftl raftl

If they do, they need their head checking
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#301756 - 18th Mar 2009 5:15pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: MGCraig]
AX_125 Offline

Forum Guardian

Registered: 10th Nov 2003
Posts: 3793
Loc: Home
Well, cars like vauxhall arn't cars you aspire to own, they are just tools that get you from A to B.

They are pretty good cars in the past 5 years or so.
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#301766 - 18th Mar 2009 6:12pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: AX_125]
MGCraig Offline
AlfaHolic
Forum Veteran

Registered: 16th Apr 2006
Posts: 5488
Loc: Spital
Thats the point.

Maybe they should start making cars that people aspire to purchase..something that when they step out of, they always look bak at before entering the house think
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#301792 - 18th Mar 2009 7:20pm Re: VAUXHALL/OPEL IN 'TERRIBLE TROUBLE' [Re: MGCraig]
DavidB Offline
Wiki Guide

Registered: 7th Dec 2003
Posts: 5610
Loc: Bebington, Wirral
Originally Posted By: AlfaCraig
If they do, they need their head checking


Ford, Honda, Vauxhall, Volkswagen, Fiat, Alfa Romeo, Citroen, Peugeot. They're all the same, all bland and serve one purpose. I have a hatchback for day to day driving (and the boot), but I'll hopefully never have to own one again.
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