High Performance Camaros to cost more

Looks like the latest CAFE regulations will cause the high end Camaros to cost more than expected.

Chevy Impala and Buick LaCrosse appear to be dead, according to the following article posted on Carconnection.com

General Motors has been forced to rework the investment case for the Chevrolet Camaro in the wake of new fuel-economy rules adopted this past December.

The Camaro will still be built, but higher-end V-8 versions likely will be priced higher than expected. As for other planned GM rear-drivers–a new Chevrolet Impala, Buick LaCrosse and the replacement for the Pontiac G8 due this spring–all have been dropped along with a new V-8 engine GM was contemplating building.

“You can’t kill something that was never approved,” said one GM official, who asked for anonymity but who confirmed the rear-wheel-drive projects are now dead.

Stew Low, a spokesman for GM of Canada, said the Camaro project is safe and is moving forward. The GM of Canada plant in Oshawa, Ontario outside of Toronto should be ready to build the first Camaro late this year, Low said.

Buzz Hargrove, president of the Canadian Auto Workers union, said that GM is spending $2.5 billion in Oshawa - including $435 million from the Ontario and Canadian federal governments.

“We anticipated that would be followed by other rear-wheel-drive vehicles, but the money they spent on the plant makes it a flex plant, so you can build both front-drive and rear-wheel-drive in the facility,'’ Hargrove told reporters in Canada.

Only a proposal for new ultra-luxury rear-wheel-drive Cadillac seems to still have a chance of making it through GM’s product development process and into production. Even that project, though, may well depend on how the Environmental Protection Agency writes the rules enforcing the new fuel-economy standards.


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