The auto maker says it has negotiated a A$275 million co-investment package with the Australian and South Australian governments that covers a 10-year vehicle-development and manufacturing program.

The Chinese auto maker announces at the Melbourne Truck Trailer and Equipment Show it will partner with Australian vehicle-importer WMC Group to release its lineup of European-designed, Chinese-built Maxus vans and people movers.

Compared with the LSA V-8 that powers the Cadillac CTS-V, the version in the ZL-1 makes 24 horsepower more to a peak SAE-rated 580 ponies at 6,000 rpm, relying on items such as more-efficient Eaton-sourced supercharger.