The Chevrolet Camaro is still in production, although it was discontinued for the 2024 model year. This means that the current generation of Camaro (the sixth generation) will be the last, and no new model is planned.
Reasons for the Camaro's discontinuation:
* Declining Sales: The Camaro's sales have been steadily declining in recent years, especially compared to its rivals like the Ford Mustang.
* Shifting Consumer Preferences: Consumers are increasingly interested in SUVs and crossovers, while the demand for sports cars like the Camaro has waned.
* High Production Costs: Manufacturing sports cars can be expensive, and the Camaro was becoming increasingly difficult to justify financially.
* Focus on Electrification: Chevrolet is prioritizing electric vehicles, and the Camaro does not currently have an electric option.
Future of the Camaro:
While the Camaro is being discontinued, Chevrolet has not ruled out the possibility of reviving the nameplate in the future, possibly as an electric vehicle. However, there are currently no confirmed plans for a new Camaro model.