Former Holden Dealers lose Court Case against GM

[EBSXR6]

https://www.drive.com.au/news/holden...se-against-gm/

[Travesty]

This will send some dealers to the wall, even those that diversified to other makes.

[Interceptor]

Whats that old chestnut about the law being an ***? This is a prime example about legal rights and benefits going to those who can afford the better legal representation.

[jpd80]

Makes me wonder if they shouldn’t have just taken the offer…

It is the conclusion of a case initiated after the group of dealers declined to accept General Motors' offer of compensation at the time of Holden's exit in 2020 – reported to be $1500 per car sold in a set period, plus more for showroom upgrades – valued at a combined $150 million.

[Interceptor]

Originally Posted by jpd80

Makes me wonder if they shouldn’t have just taken the offer…

Considering the BS Holden pulled in the dealership/franchise agreements 8-10 years ago, I dont blame the dealers one iota for going for GM's Jugular.

Ie: showrooms had to be updated with new floor tiles from *one* supplier, at considerable cost.

Then after it all fell apart, the stunts they puled in the name of "Protecting the brand"

[Travesty]

Originally Posted by jpd80

Makes me wonder if they shouldn’t have just taken the offer…

The offer was cents in the dollar

[CyberWasp]

They can join the Australian Tax Payers who also lost against GM.

How many dollars did they take again?