General Motors Holden responds to threats of legal action

US car giant General Motors has hit back at claims its compensation offer to Holden dealers over the shutdown of the brand is unfair – and says accusations of unconscionable and misleading conduct are “baseless”, “plainly wrong”, and “unsupported by fact or law”. Holden dealers were initially offered by General Motors compensation equivalent to $1500 per new car sold over a set period of time – in addition to funding for recent showroom upgrades and other associated costs.