Company chairman Mike Devereux dropped the bombshell today during a media preview for the heavily revised VF Commodore that it will reveal publicly on Sunday morning.
There has been plenty of speculation that Holden would be forced to drop the Commodore name when the VF is replaced by an all-new vehicle, based on a global General Motors model, will be manufactured in Australia at the end of 2016.
"A lot of folks have been speculating about whether this is the last Commodore ... I can I categorically tell you we have already begun working on the Commodore that comes after this one," he said.
"People love this nameplate. We're going to have another one of these," Devereux said. "General Motors has started working on it, the team here is obviously involved in that as they are working on all sorts of different things and I will say no more of it.
"We will launch another Commodore after this one," he said. "This thing will run through end of '16, after that time we're going to be putting two architectures into the plant ... one of them will underpin the Commodore that replaces the VF.
"It's a huge year for Holden - we're back," he said.