The new car is meant to be a "modern interpretation of the 1969 model, considered by many to be the best design of the car's first generation," said Ed Welburn, GM's global vice president of design. It will use a rear-wheel-drive chassis being developed in Australia for use by GM's Holden brand headquartered there. A V-6 and a V-8 engine will be offered. The car will use a modern independent rear suspension instead of the bumpy-riding, tricky-handling solid-axle design of the original.