MC&T was first to report that plans that were once in place for a seventh-generation Chevrolet Camaro were extinguished. Two years since our story, we’ve been monitoring the Camaro’s future like a lifeguard watches the shoreline. And where others have bit on fluctuating rumors on the matter, we have remained firm. After 2024, the sixth-generation Chevrolet Camaro will be no more, with no immediate replacement in sight. However, an analytical forecast from Automotive News believes that General Motors will replace the Camaro with an electric performance sedan, not unlike what Dodge is doing with the 2024 Charger.
The Future Of The Chevrolet Camaro
The fact is this: in five short years, General Motors intends to have a portfolio of at least 20 electric vehicles in North America. An ambitious project that requires a staggering $35 billion USD of the company’s money through 2025. It doesn’t take an accounting degree to even mildly understand that there’s little budget left for anything else.
And it seems like nothing is sacred, either. The Chevrolet Camaro, for example, represents an uncompromising buyer that demands the drama of a pushrod V8 engine, head-turning looks, and great value (look no further than Camaro LT1 sales as proof). In fact, the entire muscle car market seems to live and die by this customer, which may or may not be shifting to off-road performance trucks and SUVs; a flourishing segment that has expanded while muscle car sales have shriveled.
The Outline Of The 2024 Dodge Charger Electric Vehicle.## Muscle Cars Are Endangered
Despite the traditional customer demands of the Ford Mustang, Chevrolet Camaro, Dodge Challenger, and the Dodge Charger, the Detroit Three automakers are attempting to completely replace the existing muscle car formula by the end of the decade. Ford is reportedly going to offer an electric Mustang by 2028, while Dodge is more openly shedding its high-octane philosophy for an electric performance vehicle lineup, represented by a fratzog. A move that The Brotherhood of Muscle doesn’t seem too happy about (Stellantis videos detailing Dodge’s product plans have had their comment sections turned off). As for Chevrolet, which has seen Camaro sales drop to their lowest point since discontinuing the nameplate after 2004, EV performance seems to be more in-line with current corporate marching orders, and that seems to have all roads leading to a new electric performance sedan powered by GM’s patented Ultium battery technology, presumably at the expense of the Camaro.
Very soon, it looks like the only way for a muscle car customer to get what they’re looking for will be on the used car market; which has seen average transaction prices skyrocket due to new product shortages, as well as on the news surrounding a policy-driven EV transition, and a lack of ability to repair them.
Chevrolet Camaro buyers: you better get while the getting is good. Because after after the 2024 model year, it would appear that it’s the end of the road. And the end of era.
Image Via Chevrolet.
