PRESS RELEASE 10 DECEMBER 2019 Holden is today announcing a modified portfolio dedicated exclusively to SUVs and light commercial vehicles. Holden Interim Chairman and Managing Director, Kristian Aquilina, said the focus of the portfolio was consistent with customer preferences, with the Acadia, Trailblazer, Equinox and Trax rounding out a comprehensive SUV portfolio; and the Colorado tackling rivals in the light commercial vehicle (LCV) segment. “Holden is taking this decisive action to ensure a sharp focus on the largest and most buoyant market segments. “So far this year SUVs and Utes have increased to 76 percent of Holden sales, a trend we only see continuing,” he said. The company has elected to retire the ZB Commodore and the BK Astra in 2020. At its peak, the large car segment in Australia accounted for 217,882 sales in 1998. This year it is projected to come in at about 8,700 units. “The SUV segment is approaching half a million units, and LCVs ...