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Holden in the black in 2015

Made in Australia: Local Holden production fell in 2015 by 12 per cent to 56,786 vehicles (64,341) of its Commodore (left) and Cruze ranges.

GMH admits it has to rejuvenate brand as it struggles to hold market share in 2016

Holden logo6 May 2016

- 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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