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2021 Chevrolet Silverado 1500 LTZ price rises after General Motors takeover

- shares increased the price of the 2021 Chevrolet Silverado 1500 LTZ in Australia by $1000, despite lower import costs following its switch to become a factory-direct operation, which should typically reduce prices for the customer. When Holden Special Vehicles was the Australian importer of Chevrolet, the firm had to buy vehicles through a third party known as International Fleet Sales, which was appointed by General Motors to facilitate distribution to certain foreign markets. The handling fee added thousands of dollars to the cost of each model HSV imported, and the extra cost would be passed on to customers as it was baked into the final recommended retail price.

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