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Old 09-04-2009, 02:47 PM   #40
ranger58
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Join Date: Feb 2009
Location: Melbourne
Posts: 80
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Quote:
Originally Posted by ChemicalHorizon
Its my understanding that when an auto maker leaves the australian market they are obliged under law to provide servicing and parts for for x years after.

Not sure if this applys to bankrupt companies tho :S

Heres the problem Holden is a subsidiary of GM, so you can be sure that should GM file chapter 11 and fail to find a buyer for Holden their lawyers will be out in force to prove legally why they are not responsible for warranties.

GM does seem to be more viable then its American parent company but that is no guarantee GM will keep them, in fact the American oversight comities are now quite vocal on insisting that the money handed out by the US government be used to sure up US jobs and GM should offload Non-US subsidiarys.

Not a good time for any Australian Auto company as similar attitudes are starting to prevail in other companies like Ford and Toyota.
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