It is a great loss. And what happens next?"For those whose roles are impacted, we will provide an appropriate separation package, we will provide placement support and we will provide transition support."The news is significant, not only for the company and its hundreds of employees, but also for the thousands of Australians that own Holden cars, some of whom have been devoted to the brand for decades.This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.Even Holden's great rival Ford Australia expressed its sadness."Every individual is being thought of as part of this transition," Mr Aquilina said."If the words of the executive team are to be trusted — and they must be, because Holden is legally obliged to support existing owners for a number of years — Holden's saying 10 years [ongoing support]," Mr Gardner said.Mr Aquilina says all of these services will "work in exactly the same way as they do today".General Motors has basically said that the investment required to keep Holden alive is greater than the return it is getting, so it will no longer be making that investment.General Motors is pulling the pin on iconic Australian car brand Holden, ending the marque's 72-year existence."We have seen this writing on the wall for many years, if I'm completely honest," Mr Gardner said. ... Holden Trax could save you up to $11,000, ... brand would be retired from sales in Australia and New Zealand and local design and engineering operations will wind down by 2021. After informing Holden staff around midday yesterday, GM said it will undergo a winding down period of roughly two years with the brand to be completely defunct by the end of 2021.

But honestly, this is the latest — perhaps final — installation in what has been a downward decline for many years."Mr Blissett said there were "lots of tears, lots of hugs" among staff when the news was broken.So, what does Holden's closure actually mean for them? Holden closing down: Dealers offer massive discounts across entire range of brand new vehicles. Holden announced Sunday that its parent company, General Motors, will be shutting down the sub-brand effective 2021. Holden closing down, to be axed from Australia by the end of 2021. EXCLUSIVE Bargain hunters are expected to stampede Holden dealers across Australia as a dealer bulletin obtained by CarAdvice outlines discounts across the entire range of between $7500 and $17,500. It impacts all aspects of the Holden business, including the wind-down of the National Sales Company, GM Holden Engineering, GM Design Australia, Holden Financial Services and Maven Australia. Following our news story yesterday, GM has now officially confirmed it will be closing down the Holden brand. ... Holden announced on 17 February 2020 it is closing down its operations in Australia. A man who was turned away from seeing his dying father in hospital has given voice to how many Queenslanders are feeling with the return of COVID-19 to the state.Three women have been charged with allegedly lying on their Queenland border declarations and are now cooperating with police inquiries.Stuart Marsh is a 9News.com.au senior producer based in Sydney.Stuart took 9Finance from the fifth most-read digital business site to the second, according to Nielsen's digital ratings. Not a lot will change.""It's a very sad day. General Motors has announced it will be ceasing the production and sales of Holden cars, bringing an end to an iconic Australian brand. We are commencing work with our dealer partners on timing to cease sales of new vehicles, as well as transitioning dealerships to authorised service outlets. So if you want to buy a new Holden before the closure, the clock is ticking — they'll all be gone by the end of the year."If you own a Holden and have only just bought one, you'll be able to service it, buy parts, and there'll be after-sales care there for 10 years at least. By Stuart Marsh • Senior Producer. Then thump, it was gone.Omar Elomar was killed "in cold blood" police say as they appeal for new information about his alleged murder.Olivia Muranga was sick for days before she got tested.

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