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Some dealers ‘will lose everything’ in Holden’s exit from Australia, Senate inquiry hears – ABC News
Marriages and family car dealerships are under strain as General Motors prepares for Holden’s exit from Australia, a Senate inquiry hears.
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:
- An inquiry into Holden’s withdrawal from the Australian market receives 77 submissions
- 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
General Motors announced…
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