Business
General Motors ‘exploited’ Holden dealers in Australia, inquiry told – The Guardian
GM accused of recklessly allowing dealers to continue with upgrades to facilities in months leading up to closure announcement
General Motors exploited its dealers in the closure of the Holden brand in Australia, a Senate inquiry has been told.
The Australia Automotive Dealer Association told the inquiry on Monday that in the months leading up to the closure announcement in February, GM had recklessly allowed dealers to continue with costly upgrades to their facilities.
The association chief executive, James Voortman, said the company had then refused to negotiate fairly to provide dealers with proper compensation.
G…
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