Holden local built four cylinder

[Wretched]

http://www.news.com.au/adelaidenow/s...006301,00.html

Article from: The Advertiser
PAUL GOVER, MELBOURNE/MICHAEL OWEN

November 27, 2008 12:30am

HOLDEN is planning to build its first four-cylinder car since the the 1980s at its Elizabeth plant under a deal worth up to $500 million to secure the company's future in Australia.
The new compact car is likely to be signed off in the next few months and would be built in Adelaide alongside the VE Commodore from 2011 or 2012.

It follows "high-level discussions" with Premier Mike Rann about the long-term future of the South Australian operation.

The new car, which would be about the same size as the Korean-made Holden Viva, is being pitched as a major export earner and could also be produced with a range of body styles, including an SUV.

Early details of the plan have emerged from sources in the U.S. and after discussions between Holden and local unions, although there is no confirmation from the company's Victorian-based Australian headquarters.