by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
The Mercury Cars Guide : October 17th 2009
8--- Classifieds 62 300 400 • carsguide.com.au Saturday, October 17, 2009 Stronger Thais for Mazda THE smallest model in the Mazda line-up could soon come from Thailand. Mazda Australia is investigating the possibility of sourcing future Mazda2s out of Thailand, where it now gets the BT-50 utility. The move could slash prices for the entry model, which starts at $16,390 for the three-door. Despite Mazda Motor Corp man- aging executive officer Yuji Naka- mine confirming that Australian- bound 2s will come from Thailand within a year, Mazda Australia remains non-committal. Mazda Australia spokesman Steve Maciver says Japan will re- main the source for Australian- bound 2s at present. Thailand is certainly on the table, but there have been no decisions, he says. At this stage Mazda2 production in Thailand is confirmed only for South-East Asian countries. With cheap Chinese car imports starting soon and Proton s aggres- sively priced 1.6-litre S16 sedan due in showrooms next month, Mazda needs a fightback strategy to keep its popular entry model on the boil. Production of the Mazda2 hatch has just started at the $500 million AutoAlliance Thailand factory at Rayong. The AAT plant also builds the Ford Fiesta, which shares Maz- da2 underpinnings. Ford Australia has already con- firmed it will start importing the Fiesta from Thailand next year. NEIL McDONALD New regime takes reins MOVE OVER: Hummer's new partner Sichuan Tengzhong Heavy Industrial Machinery CEO Yang Yi, left, and Hummer CEO James Taylor. America s off-road freedom fighter has been saved by the communists. Neil McDonald explains how AFTER months of speculation the China-based Si- chuan Tengz- hong Heavy Industrial Ma- chinery Co Ltd is now the new owner of General Mo- tor's Hummer brand. The deal needs final ap- proval from both the Chi- nese and US governments, but executives on both sides are confident this will happen by the end of the year. The change of owner- ship is unlikely to affect its Australian operations in the short term. Spokesman Scott Whif- fin says Hummer remains a strong part of GM Pre- mium Brands which in- cludes Saab. ''At this stage it's abso- lutely business as usual,'' he says. ''There is no change to the dealer network or the distribution channel. ''In Australia, there are no changes for customers or dealers to sales and service arrangements. Likewise warranty agree- ments will continue to be honoured.'' GM-Holden is believed to have brought in consul- tants to look at the ongoing viability of both Hummer and Saab. Tengzhong will acquire ownership of the brand, trademark and trade- names, as well as license rights necessary to build Hummers. GM builds three Hum- mer models --- the military-based H1 and H2 and H3. But only the H3 is sold locally. H3 sales locally have halved this year as buyers retreat from the gas- guzzling off-roader be- cause of speculation over its future. Just 403 H3s have found buyers compared to 923 for the same period last year. As part of the agree- ment, Tengzhong will maintain existing dealer agreements with the deal- ership network but it's not sure what this means for Australia's 20-odd dealers. Tengzhong will hold an 80 per cent stake in Hum- mer through an invest- ment entity. Suolang Duoji, a private entrepreneur with hold- ings that include the Hong Kong-listed mineral pro- ducer Lumena, will hold the remaining 20 per cent. Details of the agreement were not disclosed but sources have said the deal is worth about $170 mil- lion. GM president and CEO, Fritz Henderson says Hummer remains a strong global niche brand. ''This agreement signi- fies another important milestone in writing the next chapter for both GM and Hummer,'' he says. Henderson says the com- bination of Tengzhong fi- nancing and Hummer's knowledgeable leadership team was a good fit. Under the agreement, Hummer will contract ve- hicle manufacturing, key components and business services from GM during a transitional period. The deal is expected to secure more than 3000 jobs in the US. Hummer's existing lead- ership team remains in place and James Taylor continues as chief execu- tive officer. ''We are fortunate to have a partner who under- stands and recognises the importance of continuing investment in Hummer's heritage with a view to- ward capitalising on glo- bal opportunities,'' Taylor says. Tengzhong will acceler- ate more efficient power- trains for the brand and new six-speed transmis- sions. From next year, Hum- mers will have E85 Flex- Fuel engines on its H3 models. The Chinese deal follows the off-loading of GM's other premium brand, Saab to Swedish sportscar maker Koenigsegg. Hummer first came to prominence in the 1990 Gulf War as a military vehicle. 14525Jono $29,990 $29,990 $59,990 $39,990 jeep patriot sport Dodge caliber sxt chrysler 300c Dodge nitro sxt NOW NOW NOW NOW ONE ONLY ONE ONLY ONE ONLY ONE ONLY Drive away Drive away Drive away Drive away SAVE $5,000 SAVE $6,000 SAVE $3,950 $39,990 $59,990 Dodge Journey sxt jeep crand cherokee laredo NOW NOW Drive away Drive away SAVE over $3,000 SAVE $7,000 ONE ONLY View more specials online at www.motors.com.au Photos depict models only Hobart Cnr Barrack & Collins Sts 6230 7111 Launceston Cnr Bathurst & Elizabeth Streets 6332 9101 Also available: dodge journey RT CRD. 1 only $53,000 drive away
October 10th 2009
October 24th 2009