Originally Posted by monaroCountry
Lets make things a bit clearer Holden is a subsidiary of GM, making them 100% seperate from other GMNA subsidiary's i.e. chevy, pontiac etc. Holden is the major shareholder in Daewoo 40%, GM have also contributed a further 17%. This kind of arrangement is a bit wiered but you have to remember that although Holden is 100% owned by GM, both companies are run separately. Therefore I would say that Holden ownes Daewoo, since its Holden that bought the 40% of shares, not GM.
Think of it this way, GM NA is shedding subsidaries i.e. oldsmobile while holden is on an increase i.e. daewoo, new engine facility, new design facility and platforms.
Also I agree with you on the engine, the LSx is a GM corporate engine. I was simply making things easier for everyone.