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GM withdraws from SA

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18 May 2017 @ 13:57:51 pm
Hurricane
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See GM announced today that they will stop selling Chev vehicles from end 2017 and sell their local factory to Isuzu. Opel is already being taken over by Peugeot so I guess Opel products will also not be made here anymore. This is more or less what happened in Australia when GM closed shop followed a year or so later by Toyota and Ford leaving the Aussies with not a single manufacturer. Wonder if this will happen here too? Thank goodness I do not have a Chev or Opel product at the moment.....The first major casualty after downgrade to junk status? (GM stated that they see no logic in any further or maintaining any further investment in SA)
18 May 2017 @ 14:07:49 pm
Campervan
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We are junk...
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18 May 2017 @ 16:22:55 pm
Chris Boucher
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I will not be bothered by GM's withdrawel whatsoever. After owing one GM product and experiencing their agents appalling service, I took the decision that a GM product will never have the privilege to stand in my garage again. And the same applies for Mitsubishi.
18 May 2017 @ 16:29:28 pm
pwven
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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.

Geniet die lewe so lank as jy kan
18 May 2017 @ 16:46:18 pm
Lennie
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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.

Lennie
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18 May 2017 @ 17:18:31 pm
Hennievr
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If you do not get a return on investment and the unions damand become more than you profit you go seek better investment some other place. Hope Isuzu see it and bring prices of part down, some are really out of line.
You only live once on earth, live life as if there is no tomorrow.
18 May 2017 @ 17:27:01 pm
Hurricane
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Don't confuse the 80's GM/Delta thing, that was driven by sanctions and pressure on GM by their shareholders but we still could get many of their non-American products (scary thing is that at the time almost all the others were also close to pulling out of the country and would have if '94 did not happen). I am not concerned as such as I do not drive a GM product (although the Trialblazer is a nice vehicle...). I am more concerned about the potential reaction by other manufacturers (most do not really make a profit here unless they can export; I attended a presentation a few years ago by Jurgen Schempp where he stated that its actually cheaper to build a C-class Merc in Germany than here)
18 May 2017 @ 18:49:45 pm
See liefhebber
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Dis jammer...altyd goed om kompetisie te hê. Chev se utility dink ek was goeie kompetisie vir NP200. Sien chev se utility was afgelope maand no5 op bakkie verkope.......sal seker nou drasties sak
18 May 2017 @ 20:53:28 pm
dassie
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I am not to sure which brands GM sold here .I was under the impression that isuzu fell under the Key Delta flag and how will it effect the Isuzu range should Gm pull out .Also did not notice a lot of the Chevrolet cars ,SUV around so maybe they did not sell well here .
19 May 2017 @ 06:35:13 am
It'l dodat
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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....

Slightly quicker downhill....
These days a teeny-tiny bit more slightly quicker....
19 May 2017 @ 07:06:20 am
Joe Stieger
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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....


My sentiments exactly,and who do we have to thank?
19 May 2017 @ 07:53:53 am
Chris Centurion
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Piet, GM het in 'n persverklaring bekend gemaak dat alle waarborge en diensplanne nagekom sal word en dat dit deur die Isuzu agentskappe gedoen sal word. Hulle het ook gemeld dat hul fabriek in PE aan Isuzu verkoop is.
Moeg geploeg.
19 May 2017 @ 07:57:53 am
Nico
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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.

19 May 2017 @ 08:33:28 am
Hennievr
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Chev here is not a true chev at all, all are daewoo or some other buy in.Lumina was the closest and it was a Holden.
You only live once on earth, live life as if there is no tomorrow.
19 May 2017 @ 08:39:16 am
Chuck Norris
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Volgende voertuig is n OUSUZU of Suzopel.
Toemaar hulle sal name uitdink.
As jy wil he jou drome moet waar word, moet jy eers wakker word.

Oupa se Fransmannetjie. (Parys - Frankryk)
19 May 2017 @ 08:40:12 am
Back Packer
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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.  

"Where there is no vision, the people perish"
-Proverbs29:18-
19 May 2017 @ 09:01:43 am
Hurricane
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Koop nie daai "ons sal waarborge en diensplanne gestand doen" ding nie, ook nie die "onderdele sal vir minstens 10 jaar beskikbaar wees" ding nie. As hulle eers uit is het eienaars geen werklike comeback nie, en die onderdele wat wel beskikbaar is sal teen helse pryse verkoop word. Dink hulle produkte se inruilwaarde sal ook nou in die hek duik...
19 May 2017 @ 11:03:36 am
OOM JEEP
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Onthou nog van die Ranger 2.5 .... Modified opel rekord.
Julle Cadilac manne sal nou moet stick by hom. Hahahaha.
Of dalk gaan ek n Cadelac suv optel vir goeie prys.
Volvo is ook in 75 uit die land en het eers na 94 weer terug gekom. Ondrrdele via swaziland deur Tom Campfer motors ingevoer. Ek het my ou Volvo tot 94 gery. Toe verkoop ve 6000. Helse goeie prys maar hy was in uitstekende toestand.
I love camping all year round
19 May 2017 @ 12:46:57 pm
Fred
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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.

Het is beter rijk te leven dan rijk te sterven
19 May 2017 @ 14:21:09 pm
It'l dodat
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My sentiments exactly,and who do we have to thank?

Apartheid???????????????????????????????????????????????????????????????????????????

Ek roer, soek weer pap lepel toekenning

 

Slightly quicker downhill....
These days a teeny-tiny bit more slightly quicker....
19 May 2017 @ 16:41:22 pm
dassie
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Iemand het genoem dat die wedywer tussen Ford en Chev daai jare nogal ernstig was .Laat my dink aan die storie van die 3 broers wat gesoute Chev manne was .Hulle besluit hulle moet n nuwe Chev bakkie gaan koop op die dorp .By die handelaar gekom is daar nie 1 Chev op die vloer nie .Wat nou moet hulle n (spoeg) Ford koop .Besluit hulle gaan hotel toe vir n paar doppe om hulle te help met besluit maak .Later lekker geknetter stap hulle toe by die Ford handelaar in en koop n Ford .Nou ry hulle terug plaas toe en omdat die voorsit plek nou is ,sit die 3 de broer agter maar hy gee nie om nie want die manne voor gee deur die agter venster vir hom n bottel .Hy vat n paar slukke en gee die bottel weer terug .Op n skerp draai ,dis grondpad, verloor die bestuurder beheer oor die Ford en daar rol hulle broer wat agter sit trek soos n vrot vel deur die lug en val sy wind uit .Na die stof gesak het gelukkig niemand seergekry kom kyk hulle waar die man wat agter gery het sit .Het jy seergekry vra hulle ,die ou staan op en stof homself af en se Ek het julle gese om nie die Ford te koop kyk hoe stof die ding
19 May 2017 @ 17:05:07 pm
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Fred ek stem saam oor die kultuur. Het groot geword met Chev C10 en Ford F100 en F250. Self geleer bestuur in i Chev Impala V8. Ook my B&O en toe as gen drywer die kursus gedoen met prakties in i Pontiac Parisienne wat presies soos my pa se Impala was. Wie kan die Fairlane en Galaxy vergeet? Neewat die Japsnese het die wiele wereld verander.
19 May 2017 @ 17:25:30 pm
Global Traveller
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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???

Slower and lower is better than higher and faster!
19 May 2017 @ 17:28:53 pm
neef Herman
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Voordat ons tot allerhande gevolgtrekkings kom omrede die skuif, is die volgende gese ;

" This would allow GM to focus more money, engineering effort and senior management time on expanding where the company is strong, including China and the North American pickup and SUV business, where GM has a “product onslaught coming."

"Where the company is strong" vertel my dat hulle markaandeel van huidige produktereeks nie sterk is nie, en dit sluit die Oos Afrika streek in wat van hier bedryf was.



20 May 2017 @ 06:24:08 am
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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.

"Where there is no vision, the people perish"
-Proverbs29:18-
20 May 2017 @ 08:48:29 am
Somer Kamper
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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.

 

20 May 2017 @ 14:42:01 pm
Docker
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GM is also pulling out of Australia in December 2017, together with Ford & Toyota. AU will have to import all their cars.
20 May 2017 @ 16:38:55 pm
Fred
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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. 

 

Het is beter rijk te leven dan rijk te sterven
20 May 2017 @ 20:44:36 pm
Froggy
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Dit is eintlik baie jammer.

Maar ek dink baie van ons het die soort van dinge sien kom.

Twyfel of dit beter gaan raak.

Jammer as baie mense hulle werk gaan verloor.
Froggy ons Sprinter bussie Harry & Yvonne
21 May 2017 @ 09:51:34 am
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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. 

Slower and lower is better than higher and faster!
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