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Holden - Australian car manufacturer , originally independent , now the Department of General Motors.James Alexander Holden emigrated to South Australia from England in 1852 and in 1856 founded the firm JA Holden and Co in Adelaide. "The announcement today stopped short of confirming the next stage of export plans for Commodore and its WM long-wheelbase variants, however.On speculation that Holden would announce an export program to Korea today, Mooney initially declined to comment but relented saying: "There's probably more to come on Korea, but not today. It's almost definite it will get a V8 engine.Holden also confirmed expectations that the Chevrolet SS will form the basis for the US brand’s new NASCAR race car challenger - pictured below the main image top in prototype disguise.CarAdvice understands the export program involves a few thousand units, though Holden does describe the Chevrolet SS as a “limited production derivative”.The Holden is faring significantly better than its traditional rival, however, the Ford Falcon – by 10,596 to 4407 so far in 2012.“I think the US has come to know us [Holden],” says Tyus. “We’re respected for the Camaro, which is well beloved, and we’re known for rear-wheel-drive performance sedans.Holden seems to be keeping its options open for the second model, however, as the sales trend for large cars continues a dramatic decline in Australia.Holden Commodore sales fell 12 per cent in 2011, allowing the Mazda3 to end the large car’s 15-year run as Australia’s best-selling car. ""The announcement highlights GM Holden's expertise in developing, designing, engineering and manufacturing great rear-wheel drive products. It follows the aforementioned Pontiac G8, the Chevrolet Camaro muscle car and a police car called the Chevrolet Caprice PPV.Holden says parent company General Motors wasn’t placed under any pressure by the federal government to arrange an export deal as part of a $275 million co-investment package announced in March.“We understood it would take time [for the PPV to penetrate the police car market]. Up for sale is Holden Commodore 1 tonner ute. For over 80 years, Australia had it's own mini pickup truck, called the 'ute' which is short for coupe utility. This is recognition within the GM world that is well deserved," Mooney said.CarPoint/Carsales sources suggest that such an announcement could be made as soon as the Melbourne Motor Show next month, and that further, an announcement that GM will commence production of a WM long-wheelbase based car in China is also imminent.Mr Mooney said that G8 program would continue for the lifecycle of this Commodore model and stated he believed the car was the start of a "longterm relationship" with the US-based brand.He stated that as one of GM's smaller US brands, the Holden-Pontiac fit made sense.The program to develop the car cost Holden around $25m, largely due to the requirement to tweak internal and bumper details to satisfy US crash regulations.