Why did Holden shut down? The reason behind the collapse?

The Holden was one of the most iconic car manufacturing brands of Australia. However, the company announced its retirement in October 2017 and officially ended its operations in February 2020. Many Holden lovers, especially from Australia and New Zealand, are wondering why Holden shut down.

There were many reasons for the brand’s disappearance; the main one was declining sales. Many buyers’ interests shifted toward international brands such as Toyota, Hyundai, and Mazda, with a significant impact on sales.

Another main reason was high manufacturing costs. Local manufacturing in Australia becomes too expensive, largely due to the strong currency, making it much cheaper to import vehicles than to manufacture them locally. As a result of these challenges, Holden made the decision to close down. Despite its closure, Holden remains an important part of Australia’s automotive history.