While the new Camaro will be manufactured overseas in Canada, this announcement still bodes well for the viability of the Australian-developed car.
GM-Holden developed the Chevrolet Camaro from scratch following overwhelming response to what was initially a concept-only show car, displayed initially at the 2006 Detroit Auto Show.
"We're a little bit surprised at the model mix. We thought we'd have a lot of V8 orders, SS orders, that type of thing, which we do."But we are getting a considerable amount of V6 orders," said Mark LaNeve, GM's head of North American marketing and sales. He said the orders are coming from "people who are just interested in a very stylish car that gets pretty good fuel economy. It's kind of a sign of the times."
Although there may be a delay in its release, with GM suing Cadence Innovation, a bankrupt interior parts supplier that is in liquidation, to get back parts and equipment it needs for the Camaro.
As is standard industry practice, GM supplied Cadence with the parts it needed to produce components for the new Camaro.
However after the firm entered liquidation it refused to return any of the production equipment, which GM says must be returned by January 12 or the start of Camaro production will be delayed.