Oz to get new V-6 plant from Holden CANBERRA — Holden Ltd. is close to winning a new A$500 million (US$272 million) engine plant, says General Motors Corp. Chairman John F. Smith Jr. “The negotiations now amount to what form the engine will be built in,” Smith told a Holden media gathering in Wollongong, New South Wales. “Australia has passed all our tests with flying colors.” The V-6 plant is expected to be operating by 2003, building more than 250,000 engines a year. Holden Chairman and ...
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