GM International Operations Senior Vice President
'Through its proud 160-year history, Holden has not only made cars, it has been a powerful driver of the industrialization and advancement of
'Over recent years, as the industry underwent significant change globally and locally, we implemented a number of alternative strategies to try to sustain and improve the business, together with the local team.'
'After comprehensive assessment, we regret that we could not prioritize the investment required for Holden to be successful for the long term in
'This decision is based on global priorities and does not reflect the hard work, talent and professionalism of the Holden team.'
GM Holden Interim Chairman and Managing Director
'Holden will always have a special place in the development of our countries. As
'Today's announcement will be felt deeply by the many people who love Holdens, drive Holdens and feel connected to our company which has been with us for 160 years and is almost ubiquitous in our lives.
'Unfortunately, all the hard work and talent of the Holden family, the support of our parent company
'We understand the impact of this decision on our people, our customers, our dealers and our partners - and will work closely with all stakeholders to deliver a dignified and respectful transition.'
Holden customers can be assured that the company will honour all warranties and servicing offers made at time of sale. Holden will provide servicing and spare parts for at least 10 years, through national aftersales networks in
Impacted Holden employees will be provided separation packages and employment transition support.
Holden will work with its dealer network on appropriate transition arrangements, including offering dealers the opportunity to continue as authorized service outlets to support Holden customers.
Holden Customer Care is available to answer customer inquiries and all warranties and service agreements. Holden customers in
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www.media.holden.com.au
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daniel.cotterill@gm.com
www.media.holden.com.au
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