According to reports out of Australia, the Holden Ute is about to be euthanized.

According to reports out of Australia, the Holden Ute is about to be euthanized.

Holden declined to confirm the news but a source told News Corp Australia the decision is part of the company's plan to build two global models in Australia by 2020. The source went on to say that one of them - likely the Commodore replacement - will be a large front-wheel-drive sedan that won't be turned into a Ute.

The Ute has always an odd appeal but sales are down 31 percent to an all-time low. The slow sales are being blamed on Thai-built pickups which are cheaper to produce and imported without a tariff thanks to a 2010 Free Trade Agreement with Thailand. In the first nine months of the year, Holden has only managed to sell 4,100 Utes which makes developing a new model unfeasible.

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Holden Ute getting euthanized in 2016 - report