Hillhater
100 TW
GM have announced it will withdraw completely from the Australian market and other markets for RH drive vehicles..EG., Japan, N Z, India, Malasia, etc
So , no GM EVs for Aus/NZ then ?
GM will effectively focus on the North America and China markets !The announcement comes more than two years after GM ended vehicle manufacturing in Australia, a place the automaker used as a proving ground for up-and-coming executives, including GM President Mark Reuss.
Reuss, in the release, said the company explored a range of options to continue Holden operations, but “none could overcome the challenges of the investments needed for the highly fragmented right-hand-drive market, the economics to support growing the brand, and delivering an appropriate return on investment.”
“At the highest levels of our company we have the deepest respect for Holden’s heritage and contribution to our company and to the countries of Australia and New Zealand,” Reuss said.
The market exits add to unprecedented actions by GM to retreat from underperforming markets in recent years, most notably selling its European operations to French automaker PSA Group in 2017. It also restructured its operations in South Korea and ended or limited operations in Russia, Australia, yIndia and Thailand...
So , no GM EVs for Aus/NZ then ?