UK-BASED automotive importer and distributor Inchcape is assessing the possibility of taking over GM Holdens operations in Australia, according to a report in the Australian Financial Review.
The report says that Inchcape Australia is gauging the commitment of GMs Australian operation as a full-time importer, following its switch from being a local manufacturer in October 2017 with the discontinuation of the locally built Commodore.
Since becoming a full-time importer, Holdens Australian sales have suffered, dropping 32.7 per cent, from 90,306 vehicles sold in 2017, to 60,751 in 2018.
Furthermore, GMs global operations have been under a restructure, with it announcing in November that it would axe 15 per cent of its global workforce …
Read the full article at: https://www.goauto.com.au/news/holden/inchcape-considering-gm-holden-business-case-report/2019-02-11/77522.html