Will have to wait and see what is going to happen to the service of all the cars in SA. My wife drives a Opel Mokka and that is a very nice and nippy car.
General Motors left South Africa during the previous regime and sold to Delta Motor Corporation. After 1994 they returned to South Africa and are now leaving again !
I do not think it has to do with South Africa's junk status because they have now also left Australia.
I think it is a plain business decision that their products are not popular in South Africa.
I'm on the shop floor....
No matter what GM say, the reality is, if there was a fuure here, they would stay.
Reasons for this?
First & foremost....... Shockingly low levels of productivity everywhere in SA
Then come currupt government / junk status currency / and a <justified> worldwide lack of any confidence in SA whatsoever. We are Zim (2)
Blame them?
More to come... and plenty.... This is just the tipping point....
I'm on the shop floor....
No matter what GM say, the reality is, if there was a fuure here, they would stay.
Reasons for this?
First & foremost....... Shockingly low levels of productivity everywhere in SA
Then come currupt government / junk status currency / and a <justified> worldwide lack of any confidence in SA whatsoever. We are Zim (2)
Blame them?
More to come... and plenty.... This is just the tipping point....
The "Chevrolet" products sold here were Daewoo's in any case, so no loss as far as I am concerned. Pity that they are pulling out though, as it is another nail in the coffin for our Labour issues etc.
They obviously weren't making enough profit so, that was the logical step to take.
Ek wonder nou oor die ding, hoeveel het die ontrekking van Chev/GM uit SA en Aus. te doen met Trump se make America grate again aksie.
Dalk is dit dat hulle die fabrieke in die VSA weer gaan opstart as werkskepping vir hulle mense? Wie weet? As dit net uit SA was sou dit dalk die onbetroubare ekonomiese toestand van ons land wees.
Ek dink nie GM se besluit het juis iets met Suid-Afrika se ekonomie te doen nie. Dit is eerder maar 'n gevolg van die wêreldwye ekonomie verswakking wat nou al 'n paar jaar duur. GM is die wêreld se grootste motorvervaardiger en as hulle moet terugsnoei, wys dit net hoe ernstig die toestand werklik is. In die VSA is motorfabrieke baie groot werkverskaffers. Hoewel hierdie besluit nie juis direk vir die VSA kritiek is nie, beteken dit nogtans die moedermaatskappy voel die knyp en daar is dan seker die moontlikheid dat hulle produksie daar sal inkort met die gevolg van baie mense wat hulle werk verloor. Die opkomene Oosterse vervaardigers maak dit ook nie makliker vir die ou name nie.
Ek sal persoonlik nie juis die onttrekking mis nie- daar is nie eers een GM produk wat my enigsins opgewonde maak nie. Dit is wel so effens 'n emosionele verlies. Toe ek klein was, was daar maar twee belangrike motors op die mark: Chev en Ford. Jy was een of die ander, so dit eintlik 'n stukkie kultuur wat verdwyn.
Apartheid???????????????????????????????????????????????????????????????????????????
Ek roer, soek weer pap lepel toekenning
GM will also closedown in India and stop supplying the Indian market with Chevs. Looks like they want to concentrate on their US market which is doing well - maybe they want to help make America great again and stop propping up inefficient, expensive government sponsored work programs in business unfriendly foreign countries like RSA and India???
As mens kyk na die Chev produkte op ons paie vandag, is meeste van hulle onder 2lt. "n paar jaar trug het Dewoo 'n mark gesoek vir hulle voertuie en GM het probeer om die medium en klein motor mark te betree. Hulle het ooreen gekom en Dewoo as Chev bemark en verkoop die Spark; Corsa en ander klein/medium Chevies op ons paie is dus almal Dewoo.
Amerika is besig met 'n werkskepping projek in hulle eie land, in die eerste 3 maande van Trump se termyn het hulle werkloosheid syfer met 25% gedaal. EK HOU NIE VAN DIE MAN NIE, maar dit lyk of sy fokus is op die regte plek le vir die VSA.
Die VSA sit met massiewe skuldvlakke en kook hul syfers al jare lank. Hulle amptelike rentekoerse word kunsmatig laag gehou, aangesien hulle nie andersins die rente op hul skuld sal kan delg nie. Die gewone ouens kry geen rente op beleggings nie en word in die aandelemarkte ingedwing. Dit is waarom die aandelemarkte aanhou om kunsmatig te styg. Die hoofstroom media, wat maar konsortiums is wat deur Wall Street besit word, word gedwing om die amptelike boodskap van die herstel van hul ekonomie te verkondig. Hulle kan nie bekostig dat die aandelemarkte in duie stort nie!
Die middelklas en verbruikers trek daar net so swaar. Dit is hoekom Trump met al sy gebreke die verkiesing gewen het. Die mense is keelvol.
In hul motormark sit die vervaardigers met rekordgetalle onverkoopte voorraad. Ten einde die skyn van "herstel" voor te hou, is baie voertuie op bruikhuur (leases) verkwansel aan mense wat nie werklik vir finansiering gekwalifiseer het nie. Onthou iemand nog die "Subprime" krisis in hul huismarkte? Baie voertuie word nou teruggeneem of teruggegee en die vervaardigers sit met 'n magdom onverkoopte voorraad.
Ford is soos GM een van die groot VSA vervaardigers. Ek heg 'n skakel aan wat wys dat Ford 10% van hul werksmag wêreldwyd wil verminder. Die artikel sit die redes uiteen en die situasie is maar dieselfde vir GM. http://www.zerohedge.com/news/2017-05-15/how-not-recession-ford-slash-10-global-workforce
Suid-Afrika is so onbenullig op die wêreldmark dat dit bloot daaroor gaan of hulle hier wins maak of nie. Dit is duidelik dat die sommetjies tans net nie klop nie.
Companies do not invest or disinvest in countries because they like or dislike the country's politics. They take such decisions on the basis of whether they make the amount of money they want. It is not because of what our present government is or is not, tht GM is withdrawing, or why they are withdrawing from India or Australia. Existing investors or intending ones do not also react solely on the basis of a creditworthy score. A bank will charge a country of a company interest of lending money on the basis or their creditworthyness. A company like GM will withdraw solely on whether they make enough money now and what their future prospects are. International rating agencies' opinion will be a factor they consoider, but this is just one factor, their own research being the main factor.
At the beginning of the year I bought a new Isuzu - for let say R600 000 - the same vehicle is manufactured in Thailand and sold in Thailand, Philippines and India for R400 000. You can buy and import an Isuzu into SA and OZ cheaper than they can be produced in these countries. So why the steep premium? - because these countries are trying to protect their inefficient and overpaid workforces and thereby squeezing the profit margins of the vehicle manufacturers to such an extend that it's not worth their investment. Imagine how many more vehicles would be sold at 2/3 the price of the present prices.