{"id":498820,"date":"2010-03-31T19:20:00","date_gmt":"2010-03-31T23:20:00","guid":{"rendered":"http:\/\/www.autoblog.com\/2010\/03\/31\/report-holden-tallies-210m-loss-blames-pontiac\/"},"modified":"2010-03-31T19:20:00","modified_gmt":"2010-03-31T23:20:00","slug":"report-holden-tallies-210m-loss-blames-pontiac","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/498820","title":{"rendered":"Report: Holden tallies $210M loss, blames Pontiac"},"content":{"rendered":"

Filed under: Budget<\/a>, Sedan<\/a>, Plants\/Manufacturing<\/a>, Holden<\/a>, Australia<\/a><\/p>\n

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2009 Pontiac G8 GXP – Click above for a high-res image gallery<\/small><\/strong><\/em><\/div>\n

\nWhen General Motors<\/a> first announced it was sending Pontiac<\/a> packing, our first thought was a pang for the loss of the most excellent G8 GXP<\/a>, followed quickly by concern for Holden<\/a>, the automaker’s Australian subsidiary. After all, the General’s Australian arm had done well by providing America with left-hand-drive versions of the Commodore<\/a> to sail under the Poncho flag. Turns out Holden is now feeling the loss of that deal in a big way. According to a report in The Age<\/em>, the company just announced a loss of $192 million USD. Thanks to the American thirst for Australian V8s, Holden pulled in $5.3 billion in revenue in 2008, but just $3.6 billion last year.<\/p>\n

The pinch doesn’t just fall on GM shoulders, though. Like the rest of the automaking world, Holden saw sales plummet due to a global recession last year. The loss of the Pontiac contract only added fuel to the fire. <\/p>\n

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Gallery: In the Autoblog Garage: 2009 Pontiac G8 GXP<\/a><\/strong><\/p>\n

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\n[Source: The Age<\/a>]<\/p>\n

Report: Holden tallies $210M loss, blames Pontiac<\/a> originally appeared on Autoblog<\/a> on Wed, 31 Mar 2010 18:20:00 EST. Please see our terms for use of feeds<\/a>.<\/p>\n

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Permalink<\/a> | Email this<\/a> | Comments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Filed under: Budget, Sedan, Plants\/Manufacturing, Holden, Australia 2009 Pontiac G8 GXP – Click above for a high-res image gallery When General Motors first announced it was sending Pontiac packing, our first thought was a pang for the loss of the most excellent G8 GXP, followed quickly by concern for Holden, the automaker’s Australian subsidiary. After […]<\/p>\n","protected":false},"author":6487,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-498820","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/498820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6487"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=498820"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/498820\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=498820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=498820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=498820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}