Holden To Shut Down? Disaster Looming For Holden Dealers

UPDATE: IT'S OFFICIAL - Holden Ending Australian Production By 2017

The rumours of an imminent announcement of Holden’s intention to shut down manufacturing operations here refuse to die, and with each hour a little more information surfaces.

Aside from the whispers originating from within the Abbott Government, and news from within GM Detroit itself that a press release had been prepared by GM US announcing the closure of Holden’s Elizabeth plant, one more piece to the puzzle has emerged.

GM Detroit on Thursday announced that Chevrolet would be withdrawn from sale in Europe.

GM vice-chairman Stephen Girsky, said that the decision had been made to “focus resources on reviving the company's Opel brand”.