GM Boss Says Chevy Camaro Could Return as a $35,000 EV | Carscoops - Latest Global News

GM Boss Says Chevy Camaro Could Return as a $35,000 EV | Carscoops

GM President Mark Reuss recently said he wanted the Camaro to return to its roots and be affordable

    GM boss says Chevy Camaro could return as a $35,000 EV

  • GM President Mark Reuss has hinted that the Camaro could return as an electric vehicle.
  • This contradicts previous statements about a direct successor, but is consistent with GM’s focus on electric cars.
  • The potential Camaro EV could emphasize style over performance and cost around $35,000.

When Chevrolet announced that the sixth-generation Camaro would be retired at the end of the 2024 model year, officials were adamant that the car would eventually return. In particular, they told us: “Although there is no immediate successor, this is not the end [the] Camaro’s story.”

As the last model rolled off the assembly line in December, we’re starting to learn more about the Camaro’s next chapter. Speaking to MotorTrend, GM President Mark Reuss said he wanted the car to “go back to its roots” and be an affordable vehicle with broad appeal. He further suggested that the Camaro could return as an electric vehicle with a similar base price to the Equinox electric vehicle.

More: What would you like to see in the next-generation Camaro?

This particular model starts at $34,995 and would make the Camaro EV significantly more expensive than its predecessor, which started at $30,900. However, as the release noted, the vehicle would likely qualify for a $7,500 tax credit, which could bring the price down to around $27,495.

To keep prices low, the Camaro EV could focus more on style than performance. That might anger the purists, but the V8-powered muscle car started at $40,395 and climbed to $73,695 in ZL1 trim.

    GM boss says Chevy Camaro could return as a $35,000 EV
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Little else is known about the next-generation Camaro, and the release states that it “feels like the car vs. crossover debate at GM has not yet been resolved.” Even if the Camaro returns as a car, it probably won’t be a coupe since that segment has all but disappeared.

Instead, the Camaro could return as a four-door coupe. This could make a lot of sense, especially given the death of the Malibu.

However, crossovers are king and Ford has paved the way with the Mustang Mach-E. Therefore, a Camaro crossover would be attractive to bean counters, even if it would be difficult to classify it between the Blazer EV and the Equinox EV.

Given that a lot of things are still up in the air, it doesn’t sound like the Camaro will be returning any time soon.

    GM boss says Chevy Camaro could return as a $35,000 EV

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