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Some dealers will lose everything in Holden s exit from Australia, Senate inquiry hears
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FebFebruary 2021 at 9:41am
Holden s shock exit from the Australian market is under scrutiny with dealers saying they face financial devastation.
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A Senate inquiry into Holden s exit from Australia has been told of catastrophic flow-on effects with some car dealerships at risk of financial and personal ruin.
Key points:
One dealer says General Motors decision will be financially and personally crippling for some dealerships
The ACCC is investigating claims dealers made significant investments in the months before GM s announcement
The Senate s Education and Employment Committee has begun examining the impact of General Motors decision. ....

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