In light of increasing competition from the Ford Mustang, Chevy intends to bring back the Z28 by the end of 2011. Originally scheduled to launch about a year ago, GM's bankruptcy problems caused the project to be delayed. Some even wondered if it was going to happen at all. It will feature the 6.2-liter supercharged LSA V8 that's also in the Cadillac CTS-V, 556 horsepower, a six-speed manual, and a top speed of around 190 mph.
In addition, unique 20-inch wheels will be standard along with a number of body upgrades mainly in the front and rear fascias. This information tells us a few things. One is that GM is in much better financial shape than it was a year ago. Emerging from bankruptcy and even looking to go public again are great signs. The next reason is that Ford has just released its all-new 5.0 liter V8 in the 2011 Mustang GT. Lastly, Chevy needs a high-performance sports car that is less expensive than the Corvette.
The base Camaro V6 starts at around $22,000. Pricing hasn't been announced yet for the Z28, but expect it to be in the $34,000 to $36,000 range. The pony car wars are about to heat up again.