CUSTOM CAR HOLDEN

GM Holden Ltd, commonly designated Holden, is an Australian automaker that operates in Australasia and is headquartered in Port Melbourne, Victoria. The company was founded in 1856 as a saddlery manufacturer. In 1908 it moved into the automotive field, before becoming a subsidiary of the United States-based General Motors (GM) in 1931. After becoming a subsidiary of GM, the company was named General Motors-Holden’s Ltd, becoming Holden Ltd in 1998—the current name was adopted in 2005.

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Holden announced on 11 December 2013 that production in Australia would cease by the end of 2017. Holden will retain their design center, but with reduced staffing. In the last few years, Holden incurred losses due to the strong Australian dollar, with government grants being reduced in future. In May 2014 GM reversed their decision to abandon the Lang Lang Proving Ground and have decided to keep it as part of their engineering capability in Australia

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