GM Holden Ltd is an automaker that operates in Australie, based in Port Melbourne, Victoria. The company wis foondit in 1856 as a saddlery business, but later moved intae the automotive field, becomin a subsidiary o the U.S.-based General Motors (GM) in 1931. Efter the GM takeover, the company wis named General Motors-Holden's Ltd, becomin Holden Ltd in 1998, wi the current name adoptit in 2005.
Holden haes taken charge o vehicle operations for GM in Australasie an, on behauf o GM, held partial awnership o GM Daewoo in Sooth Korea atween 2002 an 2009. Ower the years, Holden haes affered a broad range o locally producit vehicles, supplemented by imported GM models. In the past, Holden has offered badge ingineered Chevrolet, Nissan, Suzuki, Toyota, an Vauxhall Motors models in sharin arrangements, wi Daewoo, Opel an Isuzu-sourced models sauld currently.
Currently, aw Australian-built Holden vehicles are manufactured at Elizabeth, Sooth Australie an ingines are produced at the Fishermens Bend plant in Port Melbourne, Victoria. Historically, production or assembly plants wur operatit in aw mainland states o Australie, wi GM's New Zealand subsidiary Holden New Zealand operatin a plant till 1990. The consolidation o caur production at Elizabeth wis completit in 1988, but some assembly operations continued at Dandenong till 1996.
Although Holden's involvement in exports haes fluctuatit since the 1950s, the declinin sales o lairge caurs in Australie haes led the company tae leuk tae internaitional markets tae increase profitability.