In late 2004, Holden introduced the VZ range of Commodore vehicles which in 2005 were upgraded to feature the 6.0-litre L76 V8 engine in SS sedans and other variants.
The Monaro CV8 was similarly upgraded and also received revised front and rear bumper assemblies, to be now referred to as the VZ Monaro CV8. The revised rear bumper and new ducted bonnet pressing would soon find their way onto the export Pontiac GTO.
However, in July 2005 Holden announced that production of the current generation Monaro CV8 would soon be coming to an end. A run of 1100 of a limited-edition model, called the CV8-Z, was produced to farewell the legendary Monaro name, much as had been done with the LE coupe back in 1976. The CV8-Z had unique features including special wheels and a sunroof along with a choice of body colours, including a bold new orange/gold metallic called 'Fusion'.
The last Holden Monaro-badged coupe was purchased by Emerald, Queensland businessman Darryl Mattingley for A$187,355.55— around three times the normal retail price, on 19 February 2006. The car was bought through eBay, with the money going to the Leukaemia Foundation, setting an Australian eBay record for highest price to date in the process. Mattingley, a huge Ford collector, has stated that his only Holden will not be registered, but will make appearances at auto shows.
Despite an end to production of the Holden Monaro-badged coupe it remained in production for HSV and for export markets until 14 June 2006 when the last model, a Pontiac GTO, quietly rolled off the production line bound for the US..
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