HSV was established in 1987 and is currently based in Clayton, Victoria. Through the years, the division has modified not only Holden vehicles, but also some other models from the General Motors portfolio, but in very small volumes.
HSV was created as a joint-venture between Holden and Tom Walkinshaw Racing – a company owned and operated by Scottish racing car driver and entrepreneur Tom Walkinshaw. The new division, controlled by the joint ownership company Premoso Pty, replaced the Holden Dealer Team (HDT) special vehicles operation run by Peter Brock in 1987.
The range of products of the company is exported to New Zealand and the Middle East without any rebranding. HSV also exports cars to the United Kingdom, where they are offered as Vauxhall and CSV, respectively.
With the expected name change, all new products of HSV will wear the Walkinshaw moniker in Australia and New Zealand.