Holden Short Long Motors

There were very few people who were taken completely by surprise when Holden announced major losses in their most recent financial report. The figure itself may be a surprise, though, as the company posted losses of $554 million for 2013. This may lead many to wonder what could possibly have gone so wrong for the number to be that high. The fact of the matter is that they had a number of substantial payouts to make during the year, including more than $500 million in impairment charges and $122 million in employee separation costs.

To make matters even worse, the feeling amongst financial experts is that the losses are not yet over for Holden. They are still on the hook to pay out another 2,500 employees, with the implications of those losses expected to have a domino effect on the components sector. The companies that supply Holden may well start to get a little nervous in the wake of these financial woes, with many hoping that either Holden or the financial institutions that they work with remain patient through these troubles.

There is a little bit of brightness among the gloom, though, as Holden pulled in more than $4 billion in revenues in 2013, thanks in large part to a rise in the number of units sold. Much of that good news was offset by the fact that the Australian dollar was high for much of the time, resulting in manufacturing costs being as much as 60% more expensive than they were just a decade ago. By the time 2017 rolls around, Holden will have ceased all local production, a move that they believe will put them back in profit. The closures are expected to result in the loss of around 2,900 jobs in Victoria and Elizabeth, combined.

The rise in sales shows that Australians are still purchasing Holden vehicles at a steady clip. As such, there is still a need for Holden imported engines and the repairs that might come with them. The good news here is that Gearbox Engine and Diff have Holden short motors, long motors and other imported engines in stock and ready to ship out to customers all over the country. You can choose from the Holden gearbox engines that you need for your vehicle, as well as from a host of other big name brands, and all at incredibly affordable prices.

All of the gearbox imported engines that are available come with a guarantee of quality that cannot be matched. You will find 1 to 3 month warranty on all of the engines on offer, and you can also have them shipped directly to your front door if need be. There are a number of different payment options available, and you will be hard pressed to find quality imported engines at the prices that are on offer here. Holden may be shutting down local operations, but you still have the opportunity to do business with a great Australian business.