General Motors’ Holden saga is far from being over in Australia despite The General having announced the death of its Aussie brand earlier this year.

Many Holden dealers are not satisfied with the compensation package offered by GM and chances are the negotiations will carry on for a while. That, however, does not stop the U.S. carmaker from preparing for a post-Holden future in Australia.

In a press release, GM announced its new venture GMSV (General Motors Specialty Vehicles) is scheduled to commence trading in Australia and New Zealand in the fourth quarter of 2020.

See Also: GM Kills Holden Brand As It Withdraws From Right-Hand Drive Markets

The Corvette Stingray will come to Australia in late 2021 as a right-hand-drive model

Effectively replacing HSV (Holden Special Vehicles), GMSV will get support from the Walkinshaw Automotive Group (WAG), which will continue to re-manufacture the Chevrolet Silverado range at its Clayton, Victoria premises. WAG also says it looks forward “to working closely with GM on future models and projects.”

Australian Corvette fans will be glad to learn that one of those future models is the all-new C8. Confirmed for Australia and New Zealand in December 2019 as a right-hand-drive model for the first time, the mid-engined sports car became uncertain Down Under after GM announced it would pull the plug on Holden.

Now, however, GM has stated that the Corvette C8 will come to Australia next year in RHD form under the new GMSV brand. The Corvette and Silverado will be the halo models of the new brand of U.S. imports, and a number of existing Holden or HSV dealerships will be rebranded GMSV.

WAG will continue the engineering of selected left-hand-drive models to right-hand-drive, and local remanufacturing

“I am proud to be announcing GM Specialty Vehicles which represents an important new investment by GM in Australia,” GM Holden Interim Chairman and Managing Director, Kristian Aquilina, was quoted as saying by Cars Guide.

“The initial product line-up will feature the latest Chevrolet Silverado 1500 LTZ, with other derivatives, including the Silverado 2500 and spectacular mid-engine Corvette anticipated to follow in 2021.”

For now, it is not clear what other models GM will bring to Australia, but GMSV will probably be more than just a two-model brand. Other vehicles that could be under consideration are the new Chevrolet Tahoe SUV as well as electric GMC Hummer and Cadillac models.

2020 Chevrolet Corvette Stingray Z51 in U.S. specification