...Introduction As the one of three local manufacturers of automotive vehicles, GM Holden occupied about 12.8% market share which is the second largest carmaker in Australia. Their local brand vehicle- Holden Commodore series has remained Australia’s bestselling car in 2010 for the 15th year in a row. In spite of tremendous results the company made, a sudden strike of global economic crisis and bankrupt of their foreign parent company General Motors resulted that Holden is facing huge challenges for their own survival. Recently, Holden claimed that the future of locally designed and manufactured vehicles is unsure which caused more negative influences for Australia local automotive market. In this report, the first section will determine the situation of the Australian automotive manufacturing industry. And in the second section, the state of Holden will be debated comprehensively. In the last part, it will focus on Holden’s future with its parent company and the outlook of Holden’s local design and manufacture vehicles. The State of the Australian Automotive Manufacturing Industry In the last five years, Australian automotive manufacturing industry continued the trend of shrinking. On the basis of Australia Autos Report (2011), the new car sales from 2008 to 2009 dropped about 7.4%. Although the total sales in 2010 recovered about 10.5%, with the slower economic growth and unclear policies of carbon tax, Australia new car sales were down by 5.9% in the January-July period...
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...Commonwealth. Requests and inquiries concerning reproduction and rights should be addressed to the Commonwealth Copyright Administration, Attorney General’s Department, Robert Garran Offices, National Circuit, Canberra ACT 2600 or posted at http://www.ag.gov.au/cca CONTENTS PRIME MINISTER’S FOREWORD MINISTER’S FOREWORD EXECUTIVE SUMMARY WHY A NEW CAR PLAN? THE DETAILS THE GOVERNMENT’S RESPONSE TO THE REVIEW OF AUSTRALIA’S AUTOMOTIVE INDUSTRY 1 3 5 7 9 13 PRIME MINISTER’S FOREWORD The Hon Kevin Rudd MP Prime Minister of Australia Our first car took to the road as early as 1897, when David Shearer demonstrated his steam-driven horseless carriage in South Australia. Yet it would be two generations before the first 48-215 Holden came off the line in 1948, and motor vehicle production began in earnest. That’s a measure of how hard it is to establish an automotive industry, and a reminder of why Australian governments have dedicated themselves to ensuring that we remain a car-making country. In the past, governments have tried to protect the industry with tariffs and quotas. The Button Plan of the 1980s showed there was a better way. If we want the Australian car industry to prosper, we have to make it stronger — more innovative, more productive, more competitive and more export-focused. That’s what A New Car Plan for a Greener Future aims to do. Australia is one of only about fifteen nations in the world today that can create a car from scratch — taking it from the...
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...Productivity Commission has rejected calls for extra federal assistance for Toyota's car-manufacturing operations and called for all Australian government subsidies to carmakers to end by 2020(Maher, 2014).This indicates that by 2020 Toyota will be no more and it means jobs are going to be lost too. Mercury, 2014, said that by 2017,2500 jobs would be cut, and Toyota will quit doing business with Australia. It is reported that Toyota has hold talks with some foreign investors who are willing to take over the industry in Australia. Another 6,600nmanufacturing jobs are thought to be axed by May, 2016(Mercury, 2014) Holden is an Australian brand and it is shutting down its business in Australia due to scarcity and economic issues. A reporter from the adviser news, 2017, said that there were potential buyers from unnamed country who were secretly having talks with Holden to take over until...
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...Chevrolet Cruze The 2011 Chevrolet Cruze has the most overall complaints, & we also rate 2011 as the worst model year ranked on several factors such as repair cost & average mileage when problems occur. The most-reported problem is also with the 2011 Chevrolet Cruze for anti freeze smell in the car. Chevrolet Cruze is one of Chevrolet’s premier compact cars. With styles ranging from a four-door compact car to a station wagon style, it is one of the most versatile and affordable of Chevrolet compact car class. The problem is that the Cruze tends to encounter certain issues. These issues are more than the standard maintenance-related and wear issues, as certain components tend to fail more readily than others. Let’s take a quick look at the most common Chevrolet Cruze problems and how a mechanic can help avoid and repair them. 1. Transmission Issues There are several issue that can arise relating to the transmission in a Cruze. Odd smells during driving, rough shifts, problems reversing and even high RPMs while driving can occur. The exact cause of these issues is hard to specify, but they generally relate to the transmission and the system around it. Odd smells, for example, may be produced because of an excessive amount of friction within the transmission box. This can result from imperfections in the transmission gears, inadequate or improper lubricant, metal flakes in the box and a number of problems. The best solution is often to disassemble the transmission system to diagnose...
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...defined as the state of being mentally and emotionally well-developed, and therefore responsible. The Catcher in the Rye is a novel about a teenager named Holden Caulfield who is depressed and lonely, and wanders New York City in hopes of his problems going away. Holden starts off as an immature teenager who ignores his problems instead of facing them, he deals with having depression because of the events that had a huge impact on his life, and struggles to find himself, but by the end of the novel he matures. One of the examples of how Holden matures is how he let’s go of keeping children from adulthood. In addition, he no longer wants to save children from growing up. A quote that Holden says in a very sophisticated manner is one of a couple of supporting reasons to his dream of keeping children from adulthood. On page 211, “The thing with kids is, if they want to grab for the gold ring, you have to let them do it, and not say anything.”. Another quote that is said by Holden is also on...
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...contemporary debates about this issue in the news media. Introduction Car manufacturing in Australia was one of the strongest sector in the Australian economy. Within the past few months and ongoing weeks, there are several news being published that the Australian car manufacturing sector has become so small that that each car company is relying on the survival of the other. In relation to the debates and media news, this essay demonstrates, as to whether the Government should provide funds to car manufactures to prevent them operating overseas. The news has been all over the place that the three main car manufacturers, Toyota, Holden and Ford are expected to shut down their operations in Australia in the coming Years. The local content of the Australian made cars is in decline. According to figures supplied by the car makers, 30% of the parts to make Holden Cruise was sourced locally and 50% was Commodore. To survive beyond current models, car manufactures were going to be forced to rely more on foreign parts to keep the costs down. Due to low sales and low cost sales, the three manufactures are shutting down to recover from the massive financial losses and start making a profit. The data illustrates that the three factories have lost more than 1.5 billion dollars on their local manufacturing operations over the past decade, despite receiving more than twice that in the taxpayer over the same period. Therefore, who’s to blame for this deteriorating times for the car manufactures...
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...Holden Caulfield: Protector of Innocence The novel The Catcher in the Rye is a coming of age tale of a teenager’s journey into a mental breakdown. The main character, Holden Caulfield, sees the world as an extremely phony, cynical place that he wishes to escape from. As a result of this, he forms the idea that the only way to be free of the hypocrisy and cynicism of society is to maintain one’s childlike immaturity and innocence. Because of this idea, throughout the novel, Holden is trying desperately to hold on the shreds of innocence that he has left, all while trying to protect the innocence of those around him as well. Two minor characters mentioned in the novel that Holden tries to protect, Sunny and Phoebe, both display to the reader signs of developing maturity. Holden’s interactions with both Sunny and Phoebe provide prime examples of how even though Holden tries desperately to protect their innocence, growing up cannot be prevented. One of Holden’s most prominent traits throughout the novel is that he is has this urgent need to protect the people around him from losing their innocence like he did when his brother passed. Even though he constantly drinks, smokes, and curses, Holden’s main goal throughout the text is to make sure that innocence is maintained as long as possible before a person grows up and matures. “He struggles to preserve his own tenuous hold on youthful innocence-or as he sometimes puts it, ‘niceness’-and despairs when he finds that innocence lost...
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...world's major languages. Around 250,000 copies are sold each year with total sales of more than 65 million books. The novel's protagonist Holden Caulfield has become an icon for teenage rebellion. The novel was included on Time's 2005 list of the 100 best English-language novels written since 1923, and it was named by Modern Library and its readers as one of the 100 best English-language novels of the 20th century. In 2003, it was listed at number 15 on the BBC's survey The Big Read. The novel also deals with complex issues of identity, belonging, connection, and alienation. Plot summary Holden begins his story at Pencey Prep, an exclusive private school in Agerstown, Pennsylvania, on the Saturday afternoon of the traditional football game with rival school Saxon Hall. Holden misses the game. As manager of the fencing team, he loses their equipment on a New York City subway train that morning, resulting in the cancellation of a match. He goes to the home of his History teacher named Mr. Spencer. Holden has been expelled and is not to return after Christmas break, which begins the following Wednesday. Spencer is a well-meaning but long-winded middle-aged man. To Holden's annoyance, Spencer reads aloud Holden's History paper, in which Holden wrote a note to Spencer so that his teacher would not feel bad about failing him in the subject. Holden returns to his dorm, which is quiet because most of the students are still at the football game. Wearing the new red hunting cap he bought...
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...Asian Social Science May, 2009 An Analysis of the Adolescent Problems in The Catcher in the Rye Lingdi Chen Dept. of Foreign Languages, Dezhou University Daxue xi Road, Dezhou 253023, China E-mail: chld1973@126.com Abstract The Catcher in the Rye was written by famous American writer J.D.Salinger. This paper mainly analyzes the adolescent problems Holden Caulfield confronts on the journey from childhood to adulthood. These adolescent problems include Holden’s protection of innocence, his disgust for the phoniness of the adult world, and his alienation from society. This paper concludes that these adolescent problems produce great impact on him. Holden behaves almost erratically and impulsively and has negative attitudes towards almost everything and everyone he meets. Keywords: Adolescent problems, Innocence, Phoniness, Alienation 1. Introduction The Catcher in the Rye, Salinger’s masterpiece, tells the painful story of a high-school boy growing up in the world of decadent New York. Young Holden Caulfield is expelled from school because of his poor academic performance. He is afraid to meet his parents earlier than they should expect him, so he decides to stay in a New York City hotel. There he meets pimps, prostitutes and “queers.” Soon he becomes aware that the world of adults is a “phony” one. After his meeting with a friend, Holden sneaks back home to see his kid sister Phoebe. She is a loving kid, but her talk about their father “killing” him sickens...
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... the percentage of growth of impulse ice cream increased by 14.4% over a period of 5 years from 2003 to 2008 and is expected to go up to 15.1% in 2011. This proportion will contribute to an incline of 1.5% of total volume growth of ice cream market. Based on data about market share, market growth rate and BCG matrix, current position of Heaven‟s ice cream is question mark. To move its position to star, market penetration strategy has been applied. Marketing objectives of Heaven from 2009 – 2011 are defined below: To increase unprompted awareness of consumers about Heaven brand name from 12% in 2006 (The Media Federation of Australia, 2009) to 30% in 2011. To grow market share from 4.0% in 2008 to 4.8% in 2011 To increase sales revenue from A$ 43.8 million in 2008 to A$ 62.9 million in 2011 To achieve these objectives, marketing strategies has been suggested. Heaven is positioned as a kind of indulgent and luxurious ice cream with an affordable price – A$ 8.39 for each multipacks. In 2009 – 2010, there is an increase in communicating in order to attract more customers as well as gaining unprompted awareness of them through advertising campaigns, sponsorship, in-store communications and impulse channels. These strategies should be implemented widely and deeply. Table of Contents 1. 2. 3. Introduction............................................................................................................................ 1 Mission statement ..........................
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...2009 REPORT TO CONGRESS of the U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION ONE HUNDRED ELEVENTH CONGRESS FIRST SESSION NOVEMBER 2009 Printed for the use of the U.S.-China Economic and Security Review Commission Available via the World Wide Web: http://www.uscc.gov dkrause on GSDDPC29 with K1 VerDate Nov 24 2008 08:23 Nov 10, 2009 Jkt 052771 PO 00000 Frm 00003 Fmt 6012 Sfmt 6602 M:\USCC\2009\52771.XXX APPS06 PsN: 52771 M:\USCC\USChina.eps Report Documentation Page Form Approved OMB No. 0704-0188 Public reporting burden for the collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, to Washington Headquarters Services, Directorate for Information Operations and Reports, 1215 Jefferson Davis Highway, Suite 1204, Arlington VA 22202-4302. Respondents should be aware that notwithstanding any other provision of law, no person shall be subject to a penalty for failing to comply with a collection of information if it does not display a currently valid OMB control number. 1. REPORT DATE 3. DATES COVERED 2. REPORT TYPE 01 NOV 2009 4. TITLE AND SUBTITLE 00-00-2009 to 00-00-2009 ...
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...American International Journal of Contemporary Research Vol. 2 No. 2; February 2012 CLICO’s Collapse: Poor Corporate Governance Wayne Soverall1 Abstract The corporate collapse on January 30, 2009 of CLICO, the largest conglomerate in Trinidad and Tobago and the Caribbean, is the worst financial shock experienced by the region to date. Today, more than two years later, its devastating effects are still being felt as the government continues to struggle with the bailout to stabilize the financial system, mitigate contagion risk, and resolve the CLICO crisis. Even one year after the bailout, there was still no resolution of the crisis. In view of the intractable nature of the CLICO collapse, the People’s Partnership government that came to power on May 24, 2010 established a commission of enquiry to investigate the causes of CLICO’s collapse, the scope of the MOU, the cost of the bailout, and the failure to provide a bailout to the Hindu Credit Union (HCU) that collapsed in 2008. There are many questions that are still unanswered. What were the root causes of CLICO’s collapse? What corporate governance structures and practices precipitated the collapse? Did the bailout create moral hazard? Who or what was to blame for the collapse? What action has the government taken to date? What lessons have been learnt and, more importantly, how can this situation be prevented from being repeated in the future? This concept paper examines these questions, analyzes the evidence to find...
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...* 1. Introduction Next PLC is a UK based public limited company. It fostered its name in 1986 from J Hepworth & Son which was a dowdy men's clothing chain established in Leeds in 1864 and became public in 1984 (Nexis® UK, 2009). Afterwards, the company bought Kendalls with 78-store women's clothing chain. George Davies who was hired by the chairman of retail group Storehouse Terence Conran positioned the company as a fashion type clothing provider with a mainstream price and came up with the word Next as up-to-date. Since then the company has expanded its business and bought Grattan (a British mail-order company) in 1986, retail chain Combined English Stores Group and the Dillons-Preedy chain of newsstands. In 1987 Next launched Childrenswear.. and it became one of the leading retail companies in the United Kingdom. Nowadays Next owns a significant number of retail shops in the UK and many franchise stores overseas (Nexis® UK 2009). The company specialises in stylish clothes, shoes and accessories for women, men, and children. Presently, the retail industry is going through many difficulties caused by a number of factors. These factors have both direct and indirect effects on Next PLC and led to a reduction in its market share. The goal of this study is to: 1. Examine Next´s relative decline in sales 2. Compare the strengths and weaknesses of the Next brand with its main competitors 3. Identify the benefits of Next clothing from the perspective of consumers ...
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...Ryan Somma Information Systems Proposal for XYZ Hospice Table of Contents I. Organization Environment and Requirements......................................3 A. Hospice Care...................................................................................................3 B. Assumptions....................................................................................................3 II. Inputs and Outputs...........................................................................................5 A . Inputs.............................................................................................................5 B. Outputs ...........................................................................................................5 C. Distributed Objects..........................................................................................6 III. System Hardware ...........................................................................................7 A. Client Systems ................................................................................................7 B. Peripherals ......................................................................................................8 C. Server..............................................................................................................8 IV. Software .............................................................................................................9 A. Operating System........................
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...LEHMAN TRIKES: A STORY WITHIN A STORY Donald C. Looney, Black Hills State University CASE DESCRIPTION The primary subject matter of this case is strategic alliances. Secondary issues include business strategy, entrepreneurship and marketing. The case explores the dynamics of an alliance between Harley-Davidson and a small, entrepreneurial, niche market company, Lehman Trikes. CASE SYNOPSIS As the world was in the midst of a crippling recession, on July 22, 2008, Harley-Davidson unveiled the new Tri Glide three-wheeled motorcycle at the annual dealer meeting in Las Vegas. At the same meeting Lehman Trikes, a small but rapidly growing leading manufacturer of three-wheeled motorcycles, announced that it would be the exclusive supplier to Harley-Davidson of the Tri Glide. Ron Hutchinson, senior vice president of product development for Harley-Davidson said, “This is a big deal. The three-wheeled market is a market that we believe has been effectively underserved because it has been done in the aftermarket.” (Pitlick, Harley trikes to be built here, 2008) While the entrance of Harley-Davidson into the trike market would obviously legitimize and add enormous growth opportunities for the three-wheel segment of the motorcycle market, would it profoundly change Lehman’s environment and business model? Dan Patterson, then CEO of Lehman Trikes, would later cryptically write of the event in the 2008 Third Quarter Report, “We are truly pleased...
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