Wednesday, August 22, 2012

Report: High tarriffs curb resurgent U.S. hopes for Holden Ute

Report: High tarriffs curb resurgent U.S. hopes for Holden Ute:
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2012 Holden Redline Ute - red, front three-quarter view



With the Holden Commodore sedan on its way back to the States as the Chevrolet SS, we were hoping that the El Camino-like, two-seat Ute wouldn't be far behind (after all, the halfbreed was supposed to be offered here as the Pontiac G8 Sport Truck before General Motors offed the brand altogether). Unfortunately, however, the Aussies have been informed that the Ute falls under our light commercial tariff rate of 35 percent - roughly three times the rate on passenger vehicle imports.



"We were hopeful at one stage, we thought we might be able to duck in under it, but it was ruled out," Holden executive director Richard Phillips tells the Herald Sun. "With the dollar where it is, exports can only be pursued that are niche... and profitable in this environment."



Bummer.

High tarriffs curb resurgent U.S. hopes for Holden Ute originally appeared on Autoblog on Tue, 21 Aug 2012 14:29:00 EST. Please see our terms for use of feeds.



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