News - Holden
Holden in the black in 2015
GMH admits it has to rejuvenate brand as it struggles to hold market share in 2016
6 May 2016
By IAN PORTER
- GM Holden has broken a run of heavy losses by posting an after-tax profit of $128.2 million for 2015, despite continuing losses from the manufacturing operations which are set to close late in 2017.
- Holden chairman and managing director Mark Bernhard said company remained “consistently profitable” on its imported vehicles, but admitted that the company had a lot of work to do to rejuvenate the brand.
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