556-hp Chevrolet Camaro Z/28 is done, but on hold until financial condition improves

Posted: Feb 17, 2009
Filed under: Chevrolet, GM

As General Motors continues to survive on taxpayer’s bailout money, it must be very careful on how and where it spends cash. That includes how the automaker spends money on future products already in the pipeline. According to Motor Trend, the Chevrolet Camaro Z/28 is already done; however, GM has put the Z/28 on hold since it ran out of money to launch the car.

The General has to be very careful where it spends its taxpayer bailout money since a car like the Camaro Z/28, which is expected to return a fuel economy of 13/19 mpg, will most probably be looked down upon during the company’s current financial situation (aka pissing off taxpayers around the nation).

Under the hood of the Chevrolet Camaro Z/28 will be the same 6.2L LSA V8 supercharged engine from the Cadillac CTS-V. It will produce a neck-snapping 556-hp with a peak torque of 551 lb-ft. The Z/28 will also share the 6-speed manual and automatic transmission with the Cadillac CTS-V. 0 to 60 mph is expected come in at 3.9 seconds with a top speed of 193 mph for the manual version.

While all that makes us muscle car fans drool, General Motors will have to stick to building fuel-sippers like the Chevrolet Cruze and the Chevrolet Volt for now. Let’s just hope by the time GM can make the Z/28, the market will still be willing to buy it.

Source: Motor Trend

Related Posts:

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  3. Scratch That: 2011 Chevrolet Camaro Convertible coming in April 2010
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  5. Chevrolet Camaro Convertible put on hold

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  • CleggyZ28
    IvanGutierrez: wait til they come out and go test drive one, then you'll see the point of the car.

    Allen: what's your problem? The problem with the Big Three is they spent more money on trucks and SUVs than pony cars (GM hasn't had a real pony car since the '02 Camaro/Trans Am and the '06 GTO, and no the Monte Carlo doesn't count). As for a fun car by GM, have you seen the Pontiac G8? It'll beat the living daylights out of a BMW 5 series and costs half as much. I do agree with you that Japanese/foreign cars are boring (with the exception of Nissan Altima and Maxima). But rednecks are people, too, and yes, we're everywhere. As for you comment about Chrysler, I think it should be Ford instead, but keep the mustang
  • Ivan Gutierrez
    I thought the SS was going to be the top of the line. I really don't see the point of this car.
  • Allen
    The problem is, General Motors has spent all its money making these niche pony cars.

    If they'd had a program of building good, affordable and fun cars for people over the last decade, they wouldn't be in this position. Some people (myself included) are always pointing to the Japanese as an example of General Motors anti-thesis. But the thing is, the Japanese don't build exciting cars anymore. Only Mazda remains of the companies offering affordable, practical fun cars to drive. Ford is starting to enter that realm as well. If General Motors were to do a fun car that held together and was affordable, it would be swimming in cash: all the Japanese offer nowadays is safe, practical, and boring.

    But, GM decided that there were more rednecks than people in America, and hence it builds what we see above. Crapola.
  • Bobmarley
    I agree with you on the "fun to drive" point. But I think you and I are minorities, the Japanese are doing it right with safe, practical and most importantly reliability which has become the main focus of critiques and consumers. Reliability makes consumers happier in the long run about their purchase and more likely to be a return customer...and tell all their friends about it.
  • Pat
    I'd buy this if they priced it properly.... but im guessing it'll be at least above $50,000.
  • Bobmarley
    doesnt the SS start at $30k? I would guess itl be under 50k...but i have no idea what their thinking over at GM these days....i dont think they know what their thinking!?
  • zermatt
    I agree that this car should be sub $50,000.

    I would have thought that they would have held off on announcing more variations of a can that they haven't even delivered the first one.

    Why buy the SS if the more powerful Z/28 is just around the corner?
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