from 2007, mainly using locally sourced parts and sharing some globally sourced parts. The Park Avenue was discontinued in 2012. In 2008, Holden recommenced Caprice exports to South Korea as the Daewoo Veritas after showcasing a pre-production Daewoo L4X in 2007. Compared to the Australian-specification model, the Veritas is V6-powered only and has a modified rear floorpan to accommodate the electrically adjustable rear seats incorporating a massage function. The head restraints are also electrically adjustable, with the Caprice's dual headrest-mounted LCD screens orphaned in favour of a single, ceiling-mounted unit. GM Daewoo announced an updated Veritas on 31 March 2009 to take effect from 1 April. The update, which was yet to be seen in other markets, comprised a revised powertrain combination, featuring a new direct injection version of the 3.6-litre Alloytec engine. This new engine results in a power increase from to together with more torque and a reduced fuel consumption figure. These efficiency improvements have been enough to satisfy the government of South Korea's "Korea Ultra-Low Emission Vehicle" (KULEV) requirements. In place of the five-speed automatic transmission previously, these revised models ship with a six-speed GM 6L50 unit, featuring Active Select. The update to the Veritas in South Korea was adopted in the Holden versions for the 2010 model year (MY10). This update was announced on 4 August 2009, and released in September. The now direct-injected 3.6-litre V6, labelled Spark Ignition Direct Injection (SIDI) by Holden, is rated at and of torque. Gains in efficiency have been achieved via the implementation of direct fuel injection, improvements to the fuel cutout during coasting, the addition of a more efficient alternator and voltage regulator, a 50 rpm lower idle speed (to 550 rpm), and a new "turbine damper" for the automatic transmission that works to suppress vibrations at low rpm, thus enabling earlier upshifts. In 2010 the Veritas was discontinued after GM phased out the Daewoo brand in South Korea in favour of Chevrolet. In 2010, Holden made the decision to discontinue the Statesman nameplate. To replace this gap in their lineup, Holden reduced the price of the V6 Caprice and removed equipment so it roughly mirrored the equipment levels found in the Statesman. This coincided with the release of the "Series II" versions of the Caprice (non V) which was only available in V6 form and was intended to replace the Statesman in price and equipment, and the introduction