After a long decline, the end of Holden's manufacturing has caused the brand to sharply decline, and it will soon pass away. Few Australian brands are more 'iconic'.
About 600 Holden employees are likely to lose their jobs after parent company General Motors announced it would axe the iconic Australian car brand by the end of the year.
In a statement, GM said the brand was no longer competitive in the current market and would be "retired" from sales, design and engineering across Australia and New Zealand by 2021.
The statement did not clarify what the change would mean for Holden employees, but the ABC understands about 600 workers are likely to lose their jobs.
'Lots of tears, lots of hugs': Holden brand axed
About 600 Holden employees will lose their jobs after parent company General Motors announced it would axe the iconic Australian car brand by the end of the year.
www.abc.net.au