Sourced from Newshub.co.nz
Holden vehicles will no longer be sold in New Zealand and Australia, General Motors announced yesterday. The operations will wind down in 2021.
GM international operations senior vice president Julian Blissett said in a statement it was a “difficult decision” to axe the brand. The statement says GM analysed the investment required for Holden to be competitive, including the support needed to grow the brand and delivering a profit.
GM Holden interim chairperson and managing director Kristian Aquilina says the announcement will be “felt deeply” by Holden fans.
He says GM will work closely with customers, dealers and partners to make sure there’s a smooth transition.
All warranties and servicing offers made at the time of sale will still be valid for Holden customers. Servicing and parts will be available for at least 10 years.
Any recalls or safety issues will continue to be dealt with if they arise.
Impacted Holden employees will be given employment transition support.