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Destined for official début in around 12 months time, our European photographers have been chasing down the all-new Chevrolet Camaro before finally spotting it undergoing cold-weather testing in northern Sweden.

As expected the new Camaro will be a traditional, rear-wheel-drive American sportscar. It might even feature independent rear suspension (IRS).

2009 Chevrolet Camaro spy photos

What we know for sure, however, is that it will be powered by a huge 6.0-litre V8 featuring cylinder shutdown technology to improve fuel economy.

2009 Chevrolet Camaro spy photos

Despite the pictures here, we are still uncertain if the concept car’s 21-inch alloys (22 inches on rear) will make it into production.

2009 Chevrolet Camaro spy photos

Australia’s own Holden is responsible for the development process with the car to be built in Canada. A convertible variant is expected in 2010.