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Holden signs deal to develop cars for China

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Local car maker Holden has signed a deal to develop at least two new vehicles for China. The company has signed an agreement with Shanghai General Motors (SGM) and the Pan Asia Technical Automotive Center (PATAC) to develop new vehicles for SGM.

The agreement will involve a team of Melbourne-based engineers and designers tailoring vehicles for the Chinese market based on GM global platforms.

Holden chairman and managing director Mike Devereux said Holden was a valued source of expertise within GM’s international operations and was one of only seven fully integrated design, engineering and manufacturing operations in the GM group.

“We have worked with SGM and PATAC in recent years on smaller projects, but this is the first significant, long-term project to partner our organisations,” he said.

“It gives the Holden workforce a great sense of pride to work on global vehicle programs like this and to see Australian design, engineering and manufacturing expertise exported around the world.”

Holden has not given details of the type of vehicles to be developed for China under the new arrangement.

Via: NineMsn.

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