Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: albitz on 15 February 2012, 17:22:33
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Has announced a major restructuring. Sounds ominous. :-\
Details to be announced later apparently.
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$1 billion loss apparently:
http://www.foxbusiness.com/news/2012/02/15/gm-europe-to-post-loss-more-than-1-billion-for-2011-report/ (http://www.foxbusiness.com/news/2012/02/15/gm-europe-to-post-loss-more-than-1-billion-for-2011-report/)
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This gives rather more scary reading:
http://blogs.detroitnews.com/overdrive/2012/02/08/gm-europe-may-have-to-shut-plants-could-jettison-vauxhall-opel/ (http://blogs.detroitnews.com/overdrive/2012/02/08/gm-europe-may-have-to-shut-plants-could-jettison-vauxhall-opel/)
Bye Bye Vauxhall? :(
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GM first of all must get rid of its idiot management..
who said they can sell this crap chevy in europe.. even middle east countries dont like them..
opel sales here are either 4th or 5th even with sky high prices.. and with an absolute crap service..
very expensive parts and waiting period of xx days.. >:(
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next time definitely a japanese car for me.. >:(
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They should get rid of the shit Rebadged Daewoos and leave Vauxhall and Opel alone. Instead of that they want to carry on making cars which are useless.
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Hard to understand why they are doing so badly in Germany, I mean, where's the competition? ;D
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Creative accounting? Move the losses to the least damaging area, then cut the whole lot loose....?
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I can't see why you would be worried about vauxhall. The omega and senator days are long gone. All they make now is run-of-mill saloons, no different from anyone else.
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sometime ago I have seen a brand new chevrolet.. was making an awful noise from the ac.. and the owner was trying to sell it ;D
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It is a crap name in the industry. But it's parts, and more importantly uk jobs, no?
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I reckon that they put the Chevy name on Daewoos as they were intending to use it instead of Opel and Vauxhall . Something that really should have happened years ago. In much the same way that they binned all the tenuously 'different' US brands like Pontiac, Buick etc. After all, the Omega isn't a Vauxhall, it's purely Opel. It's not as if Chevy means much to most Europeans, so getting them used to the name, by using it on cars that weren't important probably looked a good idea.
Although GM also managed to waste the Saab brand by letting them bugger about with the bits that people wouldn't see(electrics, suspension etc) without doing the worthwhile, visible stuff.
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The Daewoo and Chevy names are big in the Ukraine as the investment and profits were backed by Ukrainian 'businessmen' ::) ::) and hence the big import duties on all foreign vehicles except if they are imported in kit form and 'manufactured locally' ie. remove a few bits like seats for assembly locally, but as foreign vehicles they are still very expensive. :o :o :o
To import my miggy into the Ukraine is impossible as RHD, but if LHD would cost due to age and engine size a modest encouraging to do it, small $12,000. :o :o :o :o :o :o :o
Hence, second hand cars are very expensive at least x4 UK prices. >:( >:( >:(
You can buy a new Daewoo or Chevy for around $8,000, but for a Ford or other western manufacturer you are looking at $15,000 upwards. A 2001-2002 Ford Galaxy 2.0 tractor will cost you about $11,000 (£7500), I know where I'm looking for an economical load carrier when I'm over there. :o :o :o
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Hence, second hand cars are very expensive at least x4 UK prices
hmmmm interesting (wonders how much shipping would be to the ukraine) :D :D :D
or even drive it there have a holiday and errrrmm leave it with a very good friend whom you met at least 30mins ago ::)
or at the very least swap it for a huge bundle of notes-----"swapsies isnt selling is it officer" :o
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I reckon that they put the Chevy name on Daewoos as they were intending to use it instead of Opel and Vauxhall . Something that really should have happened years ago.
....
It's not as if Chevy means much to most Europeans, so getting them used to the name, by using it on cars that weren't important probably looked a good idea.
Well, not until recently. Now it means "cheap, nasty, based on a regurgitated 1980's design FWD sh1tbox". ;)
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Creative accounting? Move the losses to the least damaging area, then cut the whole lot loose....?
Having seen the figures being spouted on the news...
Compared to the last round of losses and the following bail out, where GM lost billions across the board.
We are now seeing figures of an 8.5billion profit in the U.S
Where EU lost 1.2 billion in 2010 and 0.7billion in 2011.
A total profit of 7.8 billion including eu loss in 2010.
As I understand it It's quite easy to divide up your profit and loss any way you want, in order to achieve what ever goals.
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I can't see why you would be worried about vauxhall. The omega and senator days are long gone. All they make now is run-of-mill saloons, no different from anyone else.
Nothing to do with what they make really, more about the amount of people they employ in the UK. Another thing is I honestly think they're making some lovely cars at the minute, the new Astra, Insignia, and the Corsa is one of the best handling little cars out there in my opinion.
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Hence, second hand cars are very expensive at least x4 UK prices
hmmmm interesting (wonders how much shipping would be to the ukraine) :D :D :D
or even drive it there have a holiday and errrrmm leave it with a very good friend whom you met at least 30mins ago ::)
or at the very least swap it for a huge bundle of notes-----"swapsies isnt selling is it officer" :o
You can't as all foreign cars are booked in and out of the Ukraine and to register it you have to show you have paid the import duty and VAT and that is based on engine size and age, the older the car the higher the duty so on my Omega the import duty, VAT and registration is €12,000. :o :o :o
Stops by traffic police are frequent in Ukraine so if the car has been in the country for more than 2 months, the driver will have to pay a big bribe fine, and the car will probably be impounded.
All systems have loop holes, but I will NOT encourage any sort of law breaking. :-X :-X :-X
This is a link where you can calculate the taxes due if you are importing a car into the Ukraine, it is in Ukrainian, but you can use Google translate to get the English to use it:
http://autoconsulting.com.ua/custom.php (http://autoconsulting.com.ua/custom.php)
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Hard to understand why they are doing so badly in Germany, I mean, where's the competition? ;D
VW (especially Skoda), Renault (Dacia), japanese motors, and not forgetting the obvious loyality for some to BMW, Mercedes. Furthermore, 7 seaters, MPVs etc tend to be more popular from Ford, VW, Renault rather than Opel
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Hard to understand why they are doing so badly in Germany, I mean, where's the competition? ;D
VW (especially Skoda), Renault (Dacia), japanese motors, and not forgetting the obvious loyality for some to BMW, Mercedes. Furthermore, 7 seaters, MPVs etc tend to be more popular from Ford, VW, Renault rather than Opel
Ah yes, the goog old British sarcastic humour by STMO. ;D
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the yanks buy good car companys and then run them into the ground just like the yanks >:( >:( >:( >:(
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Hard to understand why they are doing so badly in Germany, I mean, where's the competition? ;D
VW (especially Skoda), Renault (Dacia), japanese motors, and not forgetting the obvious loyality for some to BMW, Mercedes. Furthermore, 7 seaters, MPVs etc tend to be more popular from Ford, VW, Renault rather than Opel
i rather go for opel than ford crap or bmw
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Americans think Europe is like the USA, its the same land just split by "states" which they think are all the same. Previous company i work for, the Americans had real problems just understanding European countries were very different. Fact they used different languages was hard to grasp! (no joke!) The reports they asked me to run proved that.
Needless to say the company went from a quite profitable operation, with 50 employee's, to closing last year, at least managed to screw them out of a 5 figure sum when I returned as the only techy ;D ;D
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well even bmw are being built by the yanks the 4 x 4 i mean
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The x3 is yes. But only the Yanks are daft enough not to know that's a complete pile of shite no matter where it's built. ;D
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The x3 is yes. But only the Yanks are daft enough not to know that's a complete pile of shite no matter where it's built. ;D
+1 ;D Too true
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my steplad works for a Vauxhall/Saab dealership and certainly the new Corsa/Astra and -to a lesser degree-Insignia are selling well. No doubt the eco engines and "lifetime" warrantees help. But , as he says, if you really want a good deal look at some of the saabs, especially low mileage second hand ones as the depreciation means that you can get an awful lot of car for your money and its not as if you wont be able to get parts/servicing. Personally theyre not my thing -though I was a bit tempted by a turbo 95 with l/t and the works that he showed me for an exceptionally good price. As others have said, when you start looking around for a replacement to the mig there really isnt a lot out there price wise that can match up in spec or cabin size. Guess Ill just keep mine going for as long as I can, rust or no ;D