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UK auction house to sell its fleet of Holden Coronas to the world

The British automotive giant Holden Motor Co has said it will sell its Holden Coronet fleet to the United States.

The decision comes after a four-year legal battle with the UK government to secure the sale of the Coronacs, which are built by Holden in Battersea, south-west London.

A spokesman for Holden said the carmaker “welcomes the opportunity to offer our loyal customers the opportunity of returning their favourite cars to the UK”.

“The decision to sell our Coronac vehicles to the US will be an exciting moment for us,” he said.

“Our Coronascans will be returned to the company in the UK, with a special brand ambassador on hand to introduce our cars to customers.”

Holden has said that the Corons are among the finest cars it has ever built, but its main challenge is to keep them in production in the US, which has seen a sharp decline in sales and a rise in pollution.

The company, which also runs the Jaguar XE, has previously said it is in talks with the US government to obtain a green light for its Coronans to be sold.

In 2014, Holden and the government reached an agreement over the Coronet’s sale and a deal was struck for a $9.7bn loan.

Holden had already announced that it was to sell at least 80 Coronases to the American market, but the loan was delayed for five years.

In December 2015, the government said it was ready to sell the Coroner and Holden cars in return for the sale in 2019 of the Holden-owned Coronaut.

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