Here's the sugar coated poop from holden.com:
http://www.holden.com.au/www-holden/...CategoryId=all
I think if you were to scratch below the surface of this, you'd find that Holden's management is pretty P.O.'d at GMNA's idiotic decision to scrap the Zeta platform in favor of building more stupid SUVs. That gut punched all their replacements for the Monaro, Ute and Commodore. I'm sure there are conference calls going on saying "come on, you Aussies will love selling Holden-badged Monte Carlo and Impala SSess." Uh-huh.
I'm think I'm gonna puke. You know, this goes a long way to explain why the car hasn't been included in the employee discount program, why the cars haven't been moving from the docks to the trains, etc. This announcement may very well give GMNA an excuse to ditch the 2006 GTO -- to focus resources on the launch of the Solstice and sell the built up inventory of 2005s.
Bottom line? This car is expensive to make and difficult to sell. The money simply isn't there -- especially with gas heading for $3 a gallon.