 The range debuted alongside the smaller VE series Holden Commodore, which the Caprice shares its "Zeta" platform with, on 16 July 2006 at the Melbourne Convention and Exhibition Centre.The WM Caprice and Statesman were an A$190 million investment, in combination with the $1.03 billion VE Commodore programme.The car's main target market was to senior Federal and State politicians, government officials, businesspeople and private buyers in Australia and overseas.