CANBERRA – GM Holden Ltd. scoffs at an international analyst’s prediction the Australian subsidiary could be sold if General Motors Corp. continues to see its huge losses grow. Graeme Maxton, Hong Kong-based director and co-founder of international automotive strategic consultants Autopolis, tells The Australian newspaper GM already is taking desperate measures and sell-offs of better-performing divisions can’t be ruled out. "If you look in terms of pure economics, their investment in ...
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