GM to “negotiate in good faith” over Holden dealer compensation

General Motors has agreed to “negotiate in good faith” over compensation offers to dealers in Australia for the shutdown of its Holden brand. The move comes after the Australian Competition and Consumer Commission intervened. The ACCC said it was “preparing for court action had Holden not changed its position.” “We were prepared to litigate today and institute proceedings in the federal court…however Holden has agreed to follow the proper dispute resolution process,” said the ACCC chairman. (Source: CarAdvice) Read the original story…

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