[1] Launched in April 1995, the VS Commodore served as a mechanical update of the second generation architecture, destined to assist sales before the all-new VT model in August 1997.

Holden mated the new engine with a modified version of the GM 4L60-E automatic transmission, bringing improved throttle response and smoother changes between gears.

Other changes included elliptical side turn signals, interior tweaks and the introduction of a L67 Supercharged V6 engine for selected trim levels.

In June 1998 an upgraded version of the Utility, the Series III, was released, which was unique in the Commodore's history as it was limited to just a single variant.

The new model Ute was identified by Series III badges and clear side blinker repeater lights, and featured a number of interior upgrades.

The interior featured a leather wrapped sports steering wheel, hand brake and gearshift knob, and the seats had SS identification.

Power windows and air-conditioning was standard, as were the Getrag 5-speed manual transmission, limited-slip differential, sports suspension and ABS brakes.

The final batch of Singapore-bound Opel Calais models were produced in August 1997 and featured the newer 2.5-litre X25XE V6 engine with the 4L30-E automatic transmission.

As the vehicles were not compliant for sale in Australia, they were instead exported to New Zealand and retailed through Ebbett Waikato dealerships, complied as 1998 models, and rebranded as the Holden Commodore Royale.

The latter was exclusively painted in XU-3 Yellah with matching seat colour inserts, and it featured a big race-style rear carbon-fibre wing.

The VS Series II saw the fitment of HSV's ISS (Integrated Security System) as standard as well as new steering-wheel mounted stereo controls.

The United Australian Automobile Industries (UAAI) joint venture agreement with Toyota Australia first starting with the VN Commodore continued up to the VS.