Dealer Howard Drake has had to find a balance between meeting Cadillac’s evolving brand standards and protecting his California dealership’s landmark status, a pillar of famous Ventura Boulevard.
Between new electric vehicles, luxurious rides and a redesigned midsize crossover, this year’s show promises to have a little bit of everything — even if there will be fewer brands in attendance.
GM says it will close the Holden brand in Australia and New Zealand by 2021, and completely pull out of Thailand. The moves are part of the automaker’s strategy of focusing on its more profitable markets.
CEO Makoto Uchida, under fire from shareholders angry about Nissan’s slow-paced revival, says his team is creating a restructuring plan “fast” and that the company will cut deeply in the critical North American market with “no taboos whatsoever.”