It will also abandon the smaller New Zealand market. And the timeline is by 2021.
Sunrise host Samantha Armytage has come out swinging amid the shock news that beloved vehicle brand Holden is shutting up shop in Australia due to dwindling sales.
The bombshell decision has left Dane seeking urgent meetings with Holden bosses to work out his team's future.
Leading teams in the Supercars Championship have reacted to the news that the famous brand will be retired by General Motors next year.
"We're still a Suzuki dealer and a HSV dealer, which is selling Chevrolet product that's converted".
As mentioned, Holden will support all new auto sales made from today for the life of the warranty, and with spares and support until 2031. "Thank you, from Holden".
"It is sad." Sam's co-host David "Kochie" Koch said of Holden's demise.
"The homologation from Supercars will be valid for several more years, as it always is", he said.
Yes. Holden will continue to honour all existing warranties.
Gilbert said she was concerned there would no longer be any Holden sponsorship available for the event. It will also handle any recalls and safety-related issues if they arise, as required, working with governmental agencies.
In December, Holden axed the Commodore and Astra due to slow sales, saying at the time it was concentrating on more profitable, higher volume SUVs. That operational commitment is expected to last some 10 years.
We have a long transition in front of us and we are focused on supporting our customers and our Dealers through this change. The American car-making giant said the decision was part of its efforts to "transform its worldwide operations".
The National Sales Company; Design, Engineering, Maven, Holden Financial Services. We are thankful for their support, and proud of what we have achieved together, including seven Bathurst 1000 victories, and six driver championships.
Wouldn't it have been better to close Holden when local manufacturing ended?
"No-one wants to hang onto them now, we want to get rid of them as quickly as possible or even put them on the used-car lot".
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GM is aiming to refocus its worldwide business around its "core markets" of South America, the Middle East and South Korea, with Blissett adding: "In markets where we don't have significant scale, such as Japan, Russia and Europe, we are pursuing a niche presence by selling profitable, high-end imported vehicles - supported by a lean GM structure".
Speaking on air with Brisbane radio show Stav, Abby and Matt on Tuesday morning, Holden worker Ethan said he found out the news on an online video before being pulled into a meeting with management.
Australia and New Zealand aren't the only RHD markets where GM is scaling back. "That is still a work in progress, we've made good progress so far but we're not final, so yes we intend to have a presence in this market".
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The Holden brand has had a huge fan following in Australia and that makes it a cultural icon in the country.
"Undoubtedly we will see some change coming up, I'm not going to tell you what that change is at the moment but you will see some change", he teased.
"'Why didn't we buy Holdens' - I bought two of them, everyone in my family owned one, I was part of a local Holden club sponsored by Holden themselves".
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