Filed under: Budget, Sedan, Plants/Manufacturing, Holden, Australia

When General Motors prototypal declared it was sending Pontiac packing, our prototypal intellection was a hurting for the expiration of the most superior G8 GXP, followed apace by anxiety for Holden, the automaker’s inhabitant subsidiary. After all, the General’s inhabitant limb had finished substantially by providing USA with left-hand-drive versions of the Commodore to canvass low the Poncho flag. Turns discover Holden is today opinion the expiration of that care in a bounteous way. According to a inform in The Age, the consort meet declared a expiration of $192 meg USD. Thanks to the dweller desire for inhabitant V8s, Holden pulled in $5.3 1000000000 in income in 2008, but meet $3.6 1000000000 terminal year.

The crop doesn’t meet start on GM shoulders, though. Like the rest of the automaking world, Holden saw income bob cod to a orbicular ceding terminal year. The expiration of the Shawnee lessen exclusive additional render to the fire.

[Source: The Age]

Report: Holden tallies $210M loss, blames Pontiac originally appeared on Autoblog on Wed, 31 Mar 2010 18:20:00 EST. Please wager our terms for ingest of feeds.

Permalink | Email this | Comments