Last month, Holden has officially announced that it will be retiring from its Australia and New Zealand markets by the end of the year. This is after the brand has ended its production in the Land Down Under, following GM’s direction to veer away from right-hand-drive markets and optimize its global business.
Honda might take the same route this year, according to a report by Australia’s CarAdvice, although the company might not reach the same drastic move by the GM brand.
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According to CarAdvice‘s report, Honda Australia’s car sales fell by 15 percent in 2019. This is amid the country’s 7.8 percent car sales deficit in the same year as compared to the previous year. Of note, Honda Australia’s 2019 sales performance is the weakest in three years.
CarAdvice also reported that Honda Australia representatives told its dealer network that…
