The Federal Chamber of Automotive Industries (FCAI) reports that the Holden brand sold 1113 new vehicles in July 2020, as it prepares to become a national service company.
In the previous corresponding period, Holden dealers sold 3266 new vehicles in July 2019.
Year-to-date Holden dealers have sold 15,213 new vehicles, as opposed to 27,783 in the same period in 2019.
Dealer sources have told CarAdvice that Holden has around 2000 vehicles in dealer stock, holding yards and in transit.
The website is reporting that some dealers are yet to receive their last shipments of Colorado utes from Thailand and Commodore passenger cars from Germany.
It is also reporting that stock of the Holden Equinox and Acadia SUVS are being held in storage yards.
According to CarAdvice some Holden dealerships are already removing their signage, some have already started representing other marques, and some are using showrooms to display used car stock until new franchise representation is found.
Autotalk has approached GM Holden for comment and is awaiting a reply.
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