4 day week at Holdens

[bobthebilda]

Originally Posted by Joe5619

I'll probably find most of them are non operating entities.. The company I work for has a legal entity that is not used anymore, but we keep it because it is cheaper to keep it, then legally wind it up for some reason.. Not sure what the reasons are, a bit over me head to be honest

You'll probably find that if they ever wind up the company you work for, the assets are in one entity, and you were employed by the entity with no assets.

But it does raise the question of which bit runs which bit. I know GM USA own GM AUST, which then owns GM Holden. But does GM Holden just own the manufacturing parts of Holden in Aust, and GM Holden Sales own the importing side. Thus if we only heard what GM Holden profit was, then the sales entity may have lost $200 million too (because they always refer to Holden, and not GM Australia).