CANBERRA – General Motors Corp. subsidiary Holden Ltd. says slow sales of the Australian-built Monaro – badged as a Pontiac GTO in the U.S. – will not affect its production schedule in Adelaide. U.S. dealers have described the GTO's Euro-styling as bland and say at $33,000 it is priced too high compared with Ford's new $25,000 V-8 Mustang GT. Pontiac GTO A Holden spokesman says despite the slow sales in the U.S., Holden's third shift at its Australian plant will not be affected. He ...
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