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#1 | |||
FF.Com.Au Hardcore
Join Date: Nov 2009
Posts: 3,876
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Interesting, big money being talked about - wouldn't be surprised if its a bank or Super fund that is interested. Obviously all pie in the sky stuff at this stage, but way too much value sitting there to throw away.
http://www.adelaidenow.com.au/news/s...-1226821061430 Quote:
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#2 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Canberra Region
Posts: 8,923
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Theres no way GM will sell any of its intellectual property.
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2016 FGX XR8 Sprint, 6speed manual, Kinetic Blue #170 2004 BA wagon RTV project. 1998 EL XR8, Auto, Hot Chilli Red 1993 ED XR6, 5speed, Polynesian Green. 1 of 329. Retired 1968 XT Falcon 500 wagon, 3 on the tree, 3.6L. Patina project. |
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#3 | ||
FF.Com.Au Hardcore
Join Date: Nov 2009
Posts: 3,876
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I think from memory when GM sold Saab it included the intellectual property. If it does get bought I doubt they will build the Commodore anyway.
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#4 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Canberra Region
Posts: 8,923
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I suspect it might be Tata or some Chinese auto group.
I cant see any local companies being interested in it, unless its to redevelop the land. But I dont think its worth $750m for that purpose, especially when it would need $100s of millions spent on cleaning up the site.
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2016 FGX XR8 Sprint, 6speed manual, Kinetic Blue #170 2004 BA wagon RTV project. 1998 EL XR8, Auto, Hot Chilli Red 1993 ED XR6, 5speed, Polynesian Green. 1 of 329. Retired 1968 XT Falcon 500 wagon, 3 on the tree, 3.6L. Patina project. |
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#5 | ||
Ford screwed the Falcon
Join Date: Sep 2013
Posts: 7,061
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The Elizabeth site was built in the 1950s. A lot of it has asbestos and would need millions of dollars to bring it up to scratch. I don't see how it could be economically viable.
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Falcon: 1960 - 2016 My cars Current ride 2016 FG X XR6 - 6 speed manual Previous rides 2009 FG XR6 - 6 speed auto 2006 BF MkII XT ESP - 6 speed auto 2003 BA XT V8 - 5 speed manual 1999 AU Forte - 5 speed manual 1997 EL Fairmont - 4 speed auto 1990 EAII Fairmont Ghia - 4 speed auto |
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#6 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Melb north
Posts: 12,025
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Pretty game even contemplating building cars here, and i wouldn't like to pin my hopes on the aussie dollar behaving itself for more than 5 minutes.
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#7 | ||
3..2..1..
Join Date: Nov 2009
Location: Bellbird park
Posts: 7,218
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I don't know anything about the plants, but wouldn't the ford plant be a better one to buy?
Being smaller? No new business would surely need a facility as big as holdens. Wouldn't it make the fixed running costs so much higher? |
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#8 | ||
Oo\===/oO
Join Date: Jan 2007
Location: Tamworth
Posts: 11,348
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That will go well...
If this happend, no doubt GM would rebrand its Australian opetation as Chevrolet, leaving the group of investors with the manufacturing side only. They can only take the VF out till 2017-2018 anyway, then will have to invest in a new platform... Not to mention gaving to sorce or creating supply chains for components, engines... I can't see it happening...
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#9 | ||
FG Falcon fan
Join Date: Apr 2008
Location: Canberra, ACT
Posts: 913
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If this is to succeed then its crucial that all level of governments devote 75% or more of their fleets to this car.
And imagine if they could buy the EcoBoost 2.3L off Ford ![]() |
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#10 | ||
Boss 335
Join Date: Jan 2006
Posts: 4,330
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Ford Geelong is located very near to a deep-sea shipping port. Would make a lot more sense than Holden's Elizabeth Plant in SA.
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#11 | |||
Boss 335
Join Date: Jan 2006
Posts: 4,330
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Quote:
![]() Someone should buy up Ford Facilities and keep pumping out AU3 Wagons or BF3 Wagons forever for taxi use... |
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#12 | ||
Wirlankarra yanama
Join Date: May 2006
Location: God's Country
Posts: 2,103
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#13 | ||
Au Falcon = Mr Reliable
Join Date: Sep 2009
Location: North West Slopes & Plains NSW
Posts: 4,076
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I wish em all the best if it means more Aussie jobs for South Australia, i will be looking foward to more info in the coming weeks & months.
cheers, Maka
__________________
Ford AU Series Magazine Scans Here - www.fordforums.com.au/photos/index.php?cat=2792 Proud owner of a optioned keeper S1 Tickford Falcon AU XR6 VCT - "it's actually a better-balanced car than the XR8, goes almost as hard and uses about two-thirds of the fuel" (Drive.com 2007) |
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#14 | |||
Au Falcon = Mr Reliable
Join Date: Sep 2009
Location: North West Slopes & Plains NSW
Posts: 4,076
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Quote:
![]() cheers, Maka
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Ford AU Series Magazine Scans Here - www.fordforums.com.au/photos/index.php?cat=2792 Proud owner of a optioned keeper S1 Tickford Falcon AU XR6 VCT - "it's actually a better-balanced car than the XR8, goes almost as hard and uses about two-thirds of the fuel" (Drive.com 2007) |
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#16 | ||
FF.Com.Au Hardcore
Join Date: Oct 2008
Posts: 1,094
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"Interesting, big money being talked about-wouldn't be surprised if its a bank or Super fund that is interested. "
No bank or pension fund would come within 100 miles of a deal like this. Its easy to put a "consortium" togther ...but it's very hard (read impossible) to find funding for meaningless projects like this. |
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#17 | ||
FF.Com.Au Hardcore
Join Date: Oct 2008
Posts: 1,094
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#18 | |||
Au Falcon = Mr Reliable
Join Date: Sep 2009
Location: North West Slopes & Plains NSW
Posts: 4,076
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Quote:
cheers, Maka
__________________
Ford AU Series Magazine Scans Here - www.fordforums.com.au/photos/index.php?cat=2792 Proud owner of a optioned keeper S1 Tickford Falcon AU XR6 VCT - "it's actually a better-balanced car than the XR8, goes almost as hard and uses about two-thirds of the fuel" (Drive.com 2007) |
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#19 | ||
Pity the fool
Join Date: Jan 2007
Location: Wait Awhile
Posts: 8,997
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But GM has just devalued Holden to $71 Million...
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Fords I own or have owned: 1970 XW Falcon GT replica ![]() Proud to buy Australian and support Ford Australia through thick and thin |
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#20 | |||
FF.Com.Au Hardcore
Join Date: Nov 2009
Posts: 3,876
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Quote:
As the pool continues to grow (about $5 billion a week) the super funds are screaming for manufacturing investments to place the money. Its why small manufacturers in Australia have been able to stay Australian owned as the super funds have very little choice but to have a holding which keeps the share price in demand and make it harder for foreign takeover. I'm thinking of companies especially like Futuris, Bluescope, Boart Longyear which should have been picked off a long time ago. A large manufacturing concern listed in the ASX would have potentially a huge pool of money to play with. Last edited by Brazen; 08-02-2014 at 12:22 PM. |
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#21 | |||
Ford screwed the Falcon
Join Date: Sep 2013
Posts: 7,061
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Quote:
__________________
Falcon: 1960 - 2016 My cars Current ride 2016 FG X XR6 - 6 speed manual Previous rides 2009 FG XR6 - 6 speed auto 2006 BF MkII XT ESP - 6 speed auto 2003 BA XT V8 - 5 speed manual 1999 AU Forte - 5 speed manual 1997 EL Fairmont - 4 speed auto 1990 EAII Fairmont Ghia - 4 speed auto |
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#22 | |||
FF.Com.Au Hardcore
Join Date: Oct 2008
Posts: 1,094
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Quote:
By way of backround, I am a fund manager in the Australain Pension fund market, so I sort of get how things tick. Prior to switching to funds management I spent 12 years in bond trading/asset finanacing/corporate finance in one of the larger investment banks. |
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#23 | ||
FF.Com.Au Hardcore
Join Date: Feb 2010
Posts: 1,242
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Its far worse than a Nigerian scam. The article mentions members of the South Australian government.
Last edited by bobthebilda; 08-02-2014 at 02:35 PM. |
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#24 | |||
Experienced Member
Join Date: Sep 2006
Location: Australasia
Posts: 7,537
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Quote:
It would be like betting on a nag in a horse race! |
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#25 | ||
Pity the fool
Join Date: Jan 2007
Location: Wait Awhile
Posts: 8,997
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The big missing link in all this is what would this new rejuvenated car plant make - no good going back to building Commodores. They will be back to where we are now in 5 years time.
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Fords I own or have owned: 1970 XW Falcon GT replica ![]() Proud to buy Australian and support Ford Australia through thick and thin |
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#27 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: In Front of a Monitor
Posts: 1,640
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I think Bunnings should buy it.
People can go into the plant and pick and choose the parts they want and assemble their own car.
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2004 Mercury Silver Falcon XR6T - 5 Speed 2017 Platinum White Mustang GT - 6 Speed 2022 Blue Thai-Special for Daily Duties - Auto |
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#28 | |||
Au Falcon = Mr Reliable
Join Date: Sep 2009
Location: North West Slopes & Plains NSW
Posts: 4,076
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Quote:
![]() cheers, Maka
__________________
Ford AU Series Magazine Scans Here - www.fordforums.com.au/photos/index.php?cat=2792 Proud owner of a optioned keeper S1 Tickford Falcon AU XR6 VCT - "it's actually a better-balanced car than the XR8, goes almost as hard and uses about two-thirds of the fuel" (Drive.com 2007) |
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#29 | ||
Regular Member
Join Date: Apr 2010
Posts: 487
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#30 | |||
Boss 335
Join Date: Jan 2006
Posts: 4,330
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Quote:
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