Holden boss Dave Buttner resigns after sales slump

AutoExec Summary
Holden’s managing director, Dave Buttner, has resigned after 16 months, coinciding with a significant sales decline of 26.6% this year. His interim replacement, Kristian Aquilina, is the seventh leader in a decade. Holden’s market share has been shrinking since 2013, and sales have drastically decreased from 112,059 to just 37,301 in the first ten months of the current year. General Motors is re-evaluating Holden’s future in Australia amid ongoing challenges and competition in the automotive market.

Brands mentioned: Toyota, Holden, General Motors, Opel, Vauxhall, Peugeot-Citroen