Holden Monaro News
Holden V2 Monaro should never have happened
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By Byron Mathioudakis · 20 Sep 2026
Earlier this month, Audi unveiled a retro-inspired small electric vehicle that is a homage to a car that failed a quarter of a century ago. Spectacularly. Chances are the timely and handsome new A2 will succeed where the overpriced and oddly styled original from 2001 could not, but referencing a flop seems risky. It’s like Ford reviving the AU Falcon (though to be fair it is having a moment), or General Motors exhuming Holden with an ode to the ZB Commodore. Or Epica. Which has us thinking: this isn’t the first time that nostalgia, perhaps served with a side plate of delusion, has led to some confounding decisions. Whether they sold or were received poorly, we outline five resurrections that flopped. And if you disagree, let us know why in the comments below. How the millennial Monaro came about requires context. Holden enjoyed two golden eras: the early years, and for half a decade from 1997, after the then-new VT Commodore became a runaway smash hit. And the next year’s Australian International Motor Show in Sydney was pivotal. Codenamed Monica, the 1998 Holden Coupe Concept – essentially a VT with two doors, a slightly more-rakish windscreen and four (lower) seats – stole the show like no other car ever had before or since. At the time, Holden wasn’t even planning to build it. After all, coupe shelf lives are notoriously short. The original HK Monaro of 1968 proved popular initially, but its HQ-HX successors from 1971 struggled. The Coupe Concept utterly overshadowed Ford’s debuting AU Falcon at the Sydney show, made national news and created a buzz that helped bolster the brand. It was nothing short of sensational. Journalists immediately dubbed it Monaro, something Holden was understandably wary of. Despite what some articles today state, the resulting V2 Monaro failed to meet internal sales expectations when it arrived far later than scheduled, in November, 2001. Priced beyond most buyers’ reach from nearly $95,000 adjusted for inflation today, it went on to account for only a fraction of Commodore volume, at 4274 versus 88,478 units, putting it at 47 spot. From there, sales never improved, and the US-market Pontiac GTO export version of 2004 also failed to find a large-enough audience. By then, GM was floundering as the world moved away from sedans and coupes, in favour of SUVs, with the planned next-generation VE Monaro promptly canned, save for the 2008 Coupe 60 Concept to celebrate Holden’s 60 Anniversary. The Datsun 1600 is regarded as one of Japan’s earliest greats. Launched in 1967, it combined elegant styling with European-style chassis sophistication, to create a brilliant little sedan that dominated world rallying as effortlessly as it won over owners’ hearts. However, the larger and heavier 180B and 200B replacements of 1972 and 1976 respectively completely lacked the 1600’s sporty charm. Stung by widespread criticism, Datsun attempted to recreate the magic with the Stanza in 1978. But, built down to a price, it sorely lacked the fun and finesse that endeared so many owners to the old 1600. Critics were ruthless in their reviews. And though relatively popular and successful in motorsport, the Stanza couldn’t replicate the old 1600’s greatness and lasted only a single generation in Australia. By all objective means, any NSX is a masterpiece. Be it the exquisite 1990 NA1 original that became the first mid-engined supercar in history to love you back, or the NC1 tri-electric motor petrol/hybrid AWD successor of 2016 that was a breathtaking technological showcase, the name signifies engineering mastery. However, while neither generation achieved the sales volumes Honda required, the original has enjoyed a glorious afterlife as one of the all-time sports car greats. But the latter? Sadly, the second – or American – NSX remains misunderstood as being too advanced, and not “analogue” enough for drivers to truly connect with. That Honda cancelled it early (except in Japan) has not helped. Maybe the NC1 was just a decade before its time. Still an amazing achievement. One of Japan’s earliest Volkswagen Golf clones, the Pulsar became a beloved small-car staple in Australia over 25 years and six generations from 1980. That was until Nissan was forced to switch to a smaller replacement with awkward styling, ambitious pricing and a silly name. Inevitably, the 2006 Tiida tanked, even as Australians were clamouring towards smaller cars in the wake of soaring fuel prices. This was the era where the Mazda 3 and Toyota Corolla were king, but Nissan missed the party completely. The reason why the Pulsar ended was that it never properly challenged the Golf, so instead Nissan devised the Qashqai crossover, which immediately became a sales phenomenon. Somehow, Nissan Australia convinced a reluctant Japan to allow the redesigned Tiida hatch of 2012 to be rebadged Pulsar, along with the Thai market Sylphy sedan. Hopes were high of a sales revival but neither interloper possessed the required sophistication or appeal to lure local consumers back. Both Pulsar iterations never saw out their model cycle. The rear-engined air-cooled Beetle, which changed comparatively little between 1937 and 2003, remains the world’s best-selling vehicle of all time, at 21.5 million units. In contrast, the Toyota Corolla regenerated 12 times to date for it to find 50 million buyers. The re-imagined New Beetle, released globally in 1997 and 2000 in Australia, based on the versatile Golf IV architecture and built inexpensively in Mexico, sold strongly at first. But demand tapered off markedly as per most fashion statements, especially when BMW’s Mini reset the bar for retro remakes from 2001. However, after nearly 1.2 million units, VW’s third attempt, officially known as the “The Beetle”, struggled from the outset in 2012, despite featuring significantly more sophisticated drivetrains. Gone by 2019, barely 550,000 units were produced worldwide.
Top classics you can buy now on a budget
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By James Cleary · 02 Jul 2026
CarsGuide’s mission is to provide in-market car buyers with the independent information they need to make an informed purchase decision. Keeping enthusiasts up to date with the latest new model and industry news is also a key focus, as is providing advice across everything from technical and mechanical issues to legal questions and maintenance tips. And after providing all that info, we have cars listed for sale on the site. Getting up towards 100,000 of them, each appearing on carsguide.com.au, as well as Gumtree and Autotrader. Every conceivable configuration across a million different brands. New vehicles as well as used cars, the latter category often including ‘pre-loved’ classics. And if you’ve ever thought about getting into the collector car hobby there’s a smorgasbord of interesting options in there. You can go all out and spend eye-watering sums on a special vehicle but there’s plenty of fun to be had on a relatively modest budget. Here are our top five classic collector car options currently available across our three-site portfolio for less than $50K. The original owner of this imposing sedan strolled into H.R. Owen’s South Kensington dealership in West London and drove away in a 6.75-litre V8-powered gentleman’s club on wheels. Lustrous Brooklands Green finish, tan Connolly hide and “flawless” burr walnut veneer trim. Maybe best not to think about maintenance and potential repair costs. More info At just over 5.2 metres long Ford’s fourth-gen Thunderbird is a big beastie, but the standard 6.4-litre (390ci) V8 keeps it flying at a decent clip. This left-hand drive US import arrived here in 2020 and its Tropical Turquoise finish with two-tone green trim makes for a sure-fire stand-out. Those vast tail-lights are peak 1960s US automotive styling decoration. More info As its name implies this BF Falcon-based MK II Boss 290 GT is powered by a quad-cam, naturally aspirated 5.4-litre V8 producing 290kW/520Nm. Number 244 of close to 1800 BF GTs produced, it features the ZF six-speed auto transmission rather than the Tremec T56 manual gearbox. A lot of modern muscle car for the money. More info The V2 Series 3 Monaro is propelled by the 5.7-litre Gen III LS1 V8 originally delivering 245kW/465Nm to the rear wheels, in this case via the four-speed auto option. The black (full) leather trim looks to be in good shape with the car in standard condition (which isn’t always the case) including the stock 18-inch five-spoke alloy rims. More info Need a bit of V12-powered Japanese limousine luxury in your life? How about an impeccable Toyota Century for less than $40K? This second-gen (GZG50) example is fit to ferry an Emperor with rear seat heating, recline and massage functions as well as soft-close doors and hectares of ultra-soft leather trim. So much indulgent bang for the buck! More info
Iconic GM Designer to retires in July
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By John Law · 09 Jan 2025
Mike Simcoe, designer of some of Australia’s most iconic cars, will retire from his post as head of General Motors design in July.
The greatest Australian cars of this century!
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By Byron Mathioudakis · 02 Jan 2025
What have been the most significant Australian cars since January 1, 2000 so far? With the first 25 years of the 21st century now out of the way, we rate the 10 most important models that left their mark, or came into their own afterwards.
Possible future collectable classic cars
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By Stephen Ottley · 11 Dec 2021
Cars can make good investments, providing you pick the right one.
Unloved Aussie classics now worth big bucks
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By David Morley · 17 Oct 2021
The recent sale of a Ford Falcon GT-HO Phase III for north of $1.3 million confirms a couple of things.
Affordable Aussie muscle still available
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By Neil Dowling · 05 Jun 2021
Six Aussie power-house models that are now on the auctioneer's block have been selected as ones to watch as bidders queue for Australian muscle cars and their prices rocket to huge figures.Peter Brock's personal Group A Commodore hit almost $1.1 million a
Australian classics shooting up in value
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By Neil Dowling · 04 Apr 2021
Aussie cars are well and truly back in vogue, with record prices on sought-after rare examples seen at recent auctions expected to continue for at least another three years.Shannons national auction manager Christophe Boribon told CarsGuide that the heat
The classic Holden cars you should buy
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By David Morley · 08 Mar 2020
With the impending implosion of the Holden brand, it’s worth having a look to see if any of the lion products will be worth hanging onto as investments in the longer term
Holden Heritage Auction
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By Spencer Leech · 07 Nov 2019
Eight highly significant Holden models have been listed on an online auction, including the first production VF Commodore.Built in 2013, the first vehicle to roll off the VF production line was a Calais-V with a six-speed automatic transmission and Prussi