They will maintain Holden service outlets to support existing Holden customers with warranty claims, spare parts, servicing and recalls for ten years.
AP Eagers (ASX:APE) has been with Holden for ninety years having commenced operations in 1930, eighteen years prior to Holden’s launch in this country.
It will not be possible for AP Eagers to assess the financial impact of these arrangements on our company, if any, until we have received further details from General Motors.
Shares in A.P. Eagers (ASX:APE) closed 1.53 per cent lower at $9.00 yesterday.