GM will no longer sell Holdens in Australia
American car manufacturer General Motors bought Australian car brand Holden in 1931, establishing Holden as an iconic brand in Australia and New Zealand over the following 89 years. However, in 2013 Holden stopped manufacturing operations in Australia due to ballooning costs, and GM has now announced that it is shutting down the Holden brand entirely, stating it cannot continue operations with current cost structures.
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