THE LAST OF THE BIG FALCONS
The 1970s was characterised by the big Aussie family models from the big three — Ford, Holden, and Chrysler. However the fuel crisis at the end of the decade led to a change in direction for manufacturers across the world due to a lack of oil production resulting from the Iranian Revolution. Fuel shortages followed leading to rising prices and long lines at petrol stations similar to those witnessed in 1973.
The US market reacted to not only the oil crisis but also the impact imported compacts were having on the sales race highlighted by the Toyota Corolla.
Holden announced that it was replacing
