GM to discontinue Chevy Camaro makes future of muscle car uncertain

New York (CNN) General Motors announced Wednesday that it will end production of the latest generation of the Chevrolet Camaro, leaving the Ford Mustang as the last remaining gasoline-powered American performance coupe.

Stellandis had earlier announced that it would end production of the larger Dodge Challenger by the end of this year. At the same time, Dodge executives made a revelation Electric muscle car concept car They said they provided a preview of the future model.

GM hasn’t announced any future versions of the Camaro, though it has teased that there may be some future for the brand.

“While we are not announcing an immediate successor today, rest assured, this is not the end of the Camaro’s story,” said Scott Bell, Vice President of Global Chevrolet.

GM is in the process of transitioning to a An all-electric line of vehicles By 2035, investing billions in designing and building future EV models, 75% of capital spending is now dedicated to EVs and autonomous vehicles. As a result investment in new versions of traditional internal combustion engine vehicles has been severely curtailed.

The current model is the sixth version of the Camaro in its history. It is built at the Lansing Grand River Assembly Plant in Michigan, which will cease construction in January 2024.

The Camaro model was first introduced in 1966 as a rival to Ford’s hugely successful Mustang, which came out in 1964. After five generations of redesigned models, the Camaro was dropped from the lineup in 2002, but was brought back in 2010.

In recent years, its sales have not matched those of the more popular Challenger or Mustang. In 2022, GM projects US Camaro sales at nearly 25,000, more than half of the nearly 48,000 Mazdas sold by Ford and less than half of the 55,000 Challengers sold by Dodge.

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Ford released A A new generation of Mustang At the Detroit Auto Show last September. The new Mustang, which goes on sale next summer, will be powered entirely by gasoline, not electric or hybrid. This will mark the Mustang’s seventh generation and 58th consecutive year of production.

These muscle cars, or pony cars, were among the last car models — as opposed to SUVs or trucks — produced by the three automakers.

— CNN’s Chris Isidore contributed to this report

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