Holden says the 2.0 litre turbocharged base car will sell for $33,690, almost $4000 less than the locally-built, entry-level model.

Despite the cheaper price for the base car, Commodore buyers will pay much more if they want a V6 engine. The Calais V6 all-wheel-drive will cost a hefty $51,990.

The top-of-the-range VXR V6 all-wheel-drive will come to the market at $55,990.

Holden will be hoping the new car will arrest a slide in Commodore sales so far this year.

To the end of November, demand for the locally-built version was down almost 10 per cent in an overall market that was up by 0.6 per cent.

Marketing director Mark Harland says the new Commodore looks “sleek and sporty” and has a long list of user-friendly, high-tech features including Adaptive Cruise Control, Apple CarPlay/Android Auto and wireless phone charging.

While Holden has “rested” the SS badge, it has retained the “Calais” name within the new range.

The company says it has sought feedback from Commodore lovers on the next version of the iconic car.

“We’ve hosted over 400 customers at the Lang Lang proving ground in the last few months to show them the next-generation Commodore in development and get their feedback on how it drives,” said Holden’s Vehicle Development Manager, Jeremy Tassone.

“We’ve had a few skeptical people come for a drive but once they’ve been in the car and experienced the work the team has put in, they’ve left with huge smiles on their faces. It’s been great to see and be able to involve them.”

The new Commodore will be available from dealers from late February 2018.

The last Australian-built Holden rolled off the assembly line in Elizabeth in October, with hundreds of factory workers losing their jobs.

– with AAP