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Opel, which will provide one third of the imported car line up Holden, was sold to Peugeot-Citroen.
Holden fell to the French News Source Limited.
The agreement is almost here nine years ago under the influence of the global financial crisis, but US giant General Motors has decided to keep Opel at the eleventh hour, however, since then, Opel has lost 9 billion amazing and now GM wants out.
During talks between GM and Peugeot-Citroen surfaced last month, according to analysts initially the agreement was a slim chance of going forward, as it was across However, before a joint announcement was made tonight after the board of directors of the two companies reached an agreement last Friday.
Holden says there will be no impact on its range of exposure for the next five years or so, because Peugeot-Citroen is unlikely to scrap Opel cars is going to bring.
Holden said he would rely on the supply of imported cars from General Motors in North America and Opel in Europe.
A camouflaged version of the Holden Commodore 2018 Provided Source provided.
A statement from Holden said Holden and Opel have close ties for many years and delivered fantastic vehicles to Australian customers, including the new current Astra and the next generation Commodore due in 2018. The good news is these product programs are not affected at all.
Holden plans to source a third of its range of Opel, including the new generation of Germany Commodore It currently supplies the Opel Astra in the UK and Poland.
Peugeot Citroen says it plans to keep Opel as a separate brand, in a deal that would see him become the biggest car company in Europe after Volkswagen.
However, the next generation of Opel cars Holden sources about 2025 are likely to be radically different when Peugeot-Citroën begins to rationalize the range of models to cut costs.
A computer generated image of the Holden Commodore 2018 Source Supplied.
The biggest threat for Holden is that he will lose his influence with key international decision makers, which could possibly weaken the Holden line-up For example, Opel in Germany added a V6 in the purely imported in 2018 for Commodore Holden asks, but only after million rubber stamped Detroit additional investment to get there.
The Commodore 2018 was supposed to have four-cylinder engines, but begged for a V6 Holden to avoid buyer backlash in Australia Given the declining share of Holden market in a country that is only 2 percent of global car sales, Holden won t have anywhere near as much leverage with Peugeot-Citroën to adapt the cars according to Australian conditions.
Small cars are less profitable than SUVs and utes.
In the short term, the showroom Holden won t look different.
But Peugeot Citroen will merge some Opel models with its own in the early to mid 2020s.
Holden won t have much leverage in negotiating changes to its European cars according to Australian tastes.
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