$40m grant for ‘greener’ Holden Commodore

24-05-2011

The Federal Government has partnered with GM Holden to create a leaner and greener Commodore.

Using a $39.8 million Green Car Innovation Fund grant, Holden will transform the way they design, engineer and manufacture the Commodore — Australia’s top-selling large car — reducing fuel consumption by more than 7 per cent.

This fuel consumption equates to an average of 3.6 million litres per year — and an average cut of 9000 tonnes of emissions — from the Australian Commodore fleet.

Innovation and Industry Minister Senator Kim Carr said environmental and economic benefits would flow from Holden’s innovation through reduced carbon emissions, increased employment and skills, and far-reaching commercial opportunities.

“Production of the new Commodore will contribute $1.13 billion in wages to the Australian economy over the life of this project and inject $420 million into the local components industry each year,” Senator Carr said.

“The research and development and technology advancement behind this project are vital to the future of Holden and its workers, complementing the localised Cruze launched earlier this year.”

Senator Carr said the Government investment in partnership with GMH would help produce a better Australian made car.

This includes reducing the weight of the car by using aluminium body panels. Holden will also look at ways to increase the aerodynamic performance of the Commodore.

 “These innovations will help Holden and Australia’s automotive manufacturing industry respond to environmental and consumer needs,” said Senator Carr.

Holden has been producing affordable family cars in Australia for more than 60 years.

Senator Carr said the GCIF was an integral element of the Australian Government’s bold New Car Plan for a Greener Future and is transforming the Australian automotive industry for a more economically and environmentally sustainable future.

“The Innovation grants in the auto sector will enable the Australian industry to remain viable in an increasingly competitive global market,” Senator Carr said.

“The New Car Plan is helping our smart manufacturers develop and produce Aussie vehicles and technologies that keep motoring affordable for families and the environment.”

For more information on the New Car Plan, visit: www.innovation.gov.au

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