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The Chevrolet Camaro as you know it will fall out of production next year, GM says - TL;DR CNBC

The Chevrolet Camaro as you know it will fall out of production next year, GM says

Publishing timestamp: 2023-03-22 13:59:04


Summary

General Motors will end production of the Chevrolet Camaro in its current form early next year as it transitions to all-electric vehicles. The company did not announce a replacement or next generation of the car, but it said the current sixth-generation muscle car will not be the "end of Camaro's story." The Camaro is part of a shrinking segment of American performance vehicles with V6 and V8 engines, as automakers transition to all-electric vehicles. Sales of Detroit automakers' mainstream performance cars have declined since 2015, including nearly a 50% drop for two-door coupes such as the Challenger, Camaro, and Mustang.


Sentiment: NEUTRAL

Tickers: GM

Keywords: autosdetroittransportationbusinessbreaking news: businessbusiness newsgeneral motors co

Source: https://www.cnbc.com/2023/03/22/gm-chevrolet-camaro-out-of-production.html


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