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KamAZ and Sollers (it owns the Ulyanovsk Automobile Plant, the Russian production of Ford Transit and a share in the joint venture with Mazda) are negotiating to create an alliance. At the first stage, it is planned to develop joint production and sales of commercial vehicles. Sollers will also help KamAZ build a cargo model that can compete with the Gazelle.
Now negotiations are underway between KamAZ and Sollers on the form of partnership, and the final decision on the conclusion of the alliance is planned to be made by the end of 2020. Various options for its implementation are being studied, up to the merger of the business.
Source: Vedomosti
Australian brand Holden will cease to exist
General Motors has announced that it will liquidate the Holden brand, under which GM cars are sold in Australia and New Zealand, by 2021. A design studio and test center will close in Melbourne in the coming months. They will lay off 600 employees, and the remaining 200 people will be involved in providing car service over the next 10 years.
Holden was founded by James Alexander Holden in 1864 and initially focused on saddlery for horses. In 1913, the company switched to car manufacturing, and in 1931 became part of General Motors.
In Australia, Holden was engaged in the release of cars, including the original design, until 2017, after which he sold only redesigned Chevrolet, Buick and Opel models. Following the liquidation of the Australian brand, the Chevrolet Tahoe and Suburban SUVs, Camaro and Corvette sports cars and Silverado pickups will be offered in Australia and New Zealand under their original brands.
