Holden FX 1948-53 Photo by Blow the Truth Gold Coast Car Show The Holden 48-215 is a mid-size sedan that was produced by the Australian automaker Holden between November 1948 and October 1953. A coupe utility derivative, coded as the 50-2106 and marketed as the Holden Coupe Utility, was produced in January 1951. The 48-215 was the first model from General Motors in Australia to bear the Holden name.In mainstream parlance, the official name of "Holden 48-215" was eschewed in favour of the shortened "Holden" designation. Following the replacement of the first Holden, the 48-215 gained the unofficial nickname of Holden FX. This designation was first used in the Drawing Office at GM-H in 1952 as an unofficial means of distinguishing between early 48-215 vehicles with front suspension using lever-action shock absorbers, and those with the new telescopic shock absorber front suspension introduced in 1953 - the term "FX" was pencilled onto a parts