Holden dealers sign $150 million compensation deal

The majority of Holden dealers have finally signed compensation packages – worth a combined value of close to $150 million – with US car giant General Motors. It follows a protracted legal battle that spilled onto the political field and caught the attention of Australia’s peak consumer and business watchdog. In the end, General Motors did not increase its initial offer by $1. Dealers who are yet to sign say they have not given up the fight with Detroit.