Uncertain Future for Chevy Camaro as GM Announces End of Production
TL;DR Summary
General Motors is ending production of the latest generation of the Chevrolet Camaro, leaving the Ford Mustang as the last gasoline-powered American performance coupe. GM has not announced any future versions of the Camaro, but teased that there will be some future for the brand. The move comes as GM shifts to an all-electric lineup of vehicles by 2035, with 75% of capital spending now dedicated to EVs and autonomous vehicles. The Camaro was first introduced in 1966 as a competitor to Ford’s Mustang, and its sales have not matched those of the more popular Challenger or Mustang in recent years.
Topics:business#automotive#chevrolet-camaro#electric-vehicles#ford-mustang#general-motors#muscle-cars
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