Holden drives to first profit since 2011 on imports, one-offs
Holden has made its first annual profit since 2011, with sales of imported vehicles and one-off accounting gains offsetting heavy losses from its local manufacturing operations to deliver an overall profit of $128 million in 2015.
But Holden managing director Mark Bernhard is cranky about a continued slide in market share over the first four months of 2016 as Holden sales slide to just 7.8 per cent of the total vehicle market compared with 8.9 per cent this time a year ago.
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