ASH8

General Motors HOLDENS to close in AU and NZ

After 160 Years in Australia GMH is to close for good.
Holden was an Iconic brand in Australia...we bought you in the USA the Pontiac G8.
185 Dealers in AU and 34 in NZ will have no supply in the next 6 months.
Private Dealers will be compensated.
Basically all closed down by June 30, 2020.

10 Years ago GMH was No 1 in Australia, now No 10 out of 70 different car brands here.

Since all manufacturing closed about 5 years ago, GMH was getting supply mainly from Opel (Europe) with Holden Badges.

Like all car brands now here all are fully imported, Australia no longer makes any cars.

Apparently a Right Hand Drive Corvette 'was or still is' being developed as we speak in USA also for the AU and UK Market.
It may be sold under a different name or specialty market Dealer in AU.

The cost to GM as they are also closing a Thailand factory, plus here in AU is $1 Billion USD.
This was a decision by General Motors in the USA.

https://media.gm.com/media/au/en/hol...17_Holden.html

https://www.holden.com.au/

ASH8

Here is a .Doc I lifted from a HTML, apologizes IF some images have been repeated...

Some Trivia...

GMH or General Motors Holden's STARTED Down Under in my Home state of Adelaide (city) of South Australia (state)., eventually they set up manufacturing headquarters in same state but in the northern suburbs (county) of Elizabeth (yes officially named so by a very young Queen Elizabeth II on her first Australian tour as new Queen of the Commonwealth).

Also this article lifted from THE ADVERTISER (broad sheet) daily news paper was a major paper in South Australia and managed by a Very Young guy called Rupert Murdoch, his actual first paper here was 'THE NEWS' (News Ltd) an afternoon tabloid paper, so my small State had two newspapers every day.
NEWS LTD eventually bought out The Advertiser, and THE NEWS afternoon paper was dropped back in the 1990's (memory).
''The Advertiser'' became a small tabloid size daily newspaper.

But as we know Rupert Murdoch went on to much larger things, he became a US citizen, purchased many 'good' USA Papers and went into Cable News, something called FOX News, actually named from a very close Australian friend called Lindsay Fox who was/is a giant Transport Company (semis) here in AU, their trucks used to have rear tray sticker saying 'You Just Passed another FOX" (with a picture of a fox animal).

Anyway....
See the .Doc ""General Motors to retire Holden brand from sales by 2021""
I can't put up a URL link as it is Subscription Log in Only.

MattMPS

Big Three are no more big. Ford in Europe is reducing their activities too. GM is off Europe. Chrysler is Fiat here (and for the future PSA-FCA)

ASH8

Another .DOC showing some very early Year Pics of Holden's which first started as a Saddlery business.

https://www.whichcar.com.au/news/hol...els_newsletter

ASH8

Announcement

With a heavy heart, Holden announced today that General Motors will be retiring the Holden brand in Australia and New Zealand. This announcement will be felt deeply by the entire Holden family, our customers and our fans.

We will immediately begin working with our dealer partners across Australia and New Zealand to implement an orderly transition, including support for our existing customers.

Holden will continue to support customers in the following ways:

• Honour all existing warranties and guarantees
• Honour all free scheduled servicing offers
• Ongoing call centre support
• Provide servicing and spare parts for at least 10 years, through national aftersales networks in Australia and New Zealand
• Recalls or safety-related issues if they arise

GM has taken this difficult decision after an exhaustive analysis of the investment required for Holden to be competitive for the long term in Australia's and New Zealand's new car markets. Regrettably, this assessment determined such an investment could not meet GM's investment thresholds, including delivering an appropriate return.

Factors weighing against further investment in Holden included: the highly fragmented right-hand-drive domestic markets; the economics to support growing the brand; and delivering an appropriate return on investment.

More broadly is the issue of scale. The global consolidation of the automotive industry has made it increasingly challenging to support a brand and a business that operates in only two markets, which represent less than one percent of the global industry.

This decision has not been taken lightly, especially considering the iconic status of the Holden brand and the contribution it has made not only to GM, but to the development of the economies of Australia and New Zealand.

It impacts all aspects of the Holden business, including the wind-down of the National Sales Company, GM Holden Engineering, GM Design Australia, Holden Financial Services and Maven Australia.

We are commencing work with our dealer partners on timing to cease sales of new vehicles, as well as transitioning dealerships to authorised service outlets.

Customer Questions

Where can I get my Holden serviced?

Holden will establish a national aftersales network to support existing customers for at least the next 10 years. All current Holden dealers will be offered the opportunity to transition to Holden authorised service outlets.

Will you honour my warranty?

Yes. Holden will continue to honour all existing warranties.

For how long will Holden provide spare parts?

Holden will provide existing Holden customers aftersales support for at least 10 years, including warranty, service, spare parts and any required recall or field actions.

How far will I need to travel to get my car serviced in future?

Holden will establish a national aftersales network. All current Holden dealers will be offered the opportunity to transition to Holden authorised service outlets.

What happens if there is a vehicle recall?

As required, Holden and its aftersales network will also continue to handle any recalls or safety-related issues if they arise, working with the appropriate governmental agencies.

Can I still buy a new Holden?

Yes, Holden Dealerships still have a range of new, demonstrator and used vehicles available for sale. If you are interested, you should contact your local Dealer while stock lasts.

General Questions

When will Holden close?

We are committed to looking after existing Holden customers – and our plan is to provide aftersales support for at least 10 years. We will work closely with our dealers and customers around the appropriate timing to cease sales in Australia and New Zealand.

What parts of the Holden operation are impacted by this decision?

The National Sales Company; Design, Engineering, Maven, Holden Financial Services. We will retain a team to support our aftersales operation.

Wouldn't it have been better to close Holden when local manufacturing ended?

We believed at the time that Holden could continue as a full-line importer.

What will happen to fantastic Lang Lang Proving Ground?

We will explore options around the Lang Lang Proving Ground.

What happens to HSV?

We plan to focus our growth strategies in these markets on the specialty vehicles business and plan to immediately begin work with our partner on that focus.

What happens to Holden's collection of historic vehicles, vehicles of national significance?

We will preserve key heritage vehicles and are working through plans with GM and local partners and institutions.

Is Corvette still coming to Australia and New Zealand?

We will work through this and share information in the coming months.

What is the future of Holden in Supercar racing?

We will begin discussions with the organisers of Supercars and Red Bull Holden Racing Team. We will update you on these discussions at the appropriate time.

Will Holden continue to sponsor Red Bull Holden Racing Team Racing?

We are aware of our commitment and we will work through with Red Bull Holden Racing Team the implications of this decision.

If after reading this information you still have questions, Holden Customer Care is available to answer customer inquiries. Holden customers in Australia can call 1800 46 465 336 or visit www.holden.com.au; Holden customers in New Zealand can call 0800 465 336 or visit www.holden.co.nz.

IMO
Corporate Welfare..
In the end the Australian Government (Taxpayers) was not prepared to subsidize the Australian Manufacturing of any car brand to make cars in Australia.
We are a small populated country and have given $billions (5) over the past 65 years to keep these companies going, why the heck should taxpayers pay an American owned company (no offence) cash to keep their doors open.
Just like European (Mercedes, BMW, Audi and others) Governments subsidize their new cars and workers to keep them in a job which is basically a Corporate shakedown, extortion, theft, whatever, all to privately operated or shareholder companies.
Probably the only ''honourable'' one is the Ford Motor Company who does and did not hold out their hand for taxpayer cash,
Believe me this IS the beginning of the end for most car brands, I see within the next 15 years half of the makes we now know of will disappear and 10 years after that we will be left with 1 major 'car maker' on each continent building the same generic sized and looking electric self drive POS (POShite).
Been revealed that local GMH CEO was given 30 minutes notice of this US made decision to close Holden's before Press Releases.

ASH8

Just another GM brand killed Off by Detroit.
SAAB,
Pontiac,
Buick,
Sold off Opel,
and now Holden.
Do General Motors (GM) really know how to run their companies.??

NotAPreppie

No.
Duh.

MattMPS

Stakes/agreement with Isuzu, Subaru and Suzuki in different moments .

Agreement for buying Fiat (not executed, paid a fine, around 2004 )

UnknownJinX

Don't forget Oldsmobile.

It's kinda sad because GM does make some competent sports cars nowadays. Corvette has only been getting better while the 6th Gen Camaro is also highly praised.

Oh well, at least in North America they will survive by pumping out pickup trucks and SUVs.