Holden has announced plans to build two models in Australia by 2020. They will be underpinned by global architectures from GM.

Holden has announced plans to build two models in Australia by 2020.

While the company didn't reveal details about the vehicles, they will be funded, in part, by a $275 million investment package from the Australian, South Australian and Victorian governments. Holden will also invest over $1 billion into the program.

According to Holden Chairman Mike Devereux, "The two new Australian-made cars will be world-class. They will be underpinned by global architectures from within General Motors and bring new fuel-saving, connectivity and safety technologies to Holden's portfolio."

Holden confirms two all-new models for Australia