Let's not forget that the Camaro came out in 67, 3 (or 2 1/2 if we wanna get technical...

) years after the Mustang came out, and was Chevy's answer to the Mustang... The rivalry goes back ever since the Camaro came out.
The Camaro SS is going to be competing with some fast company... We're talking Shelby Mustang GT500 territory, and Dodge Challenger SRT-8 that cost almost 10k more...
And of course the V6 Camaro will be competing with the likes of the V6 Mustang, and Challenger, 350Z, Hyundai Genesis Coupe V6, Infiniti G37, etc...