Two views on this...
I have two views on this.
The negative way to look at this is to fear that GM may not be able to sell enough V8s (or supercharged Z28s) with $4-5/gal gas. This will impact overall sales volume. I worry that the sales envelope for this car is slowly closing. I don't think anyone believes we are going back to $2/gas anytime (or ever?).
On a positive note, if the V6 is really as good as reported, perhaps we have a winner in the V6 even if the V8 is a sales dud. A 300bhp V6 with good/excellent mileage could be a real winner in this economy. People want to drive a "cool" car... and if a Camaro gets the same mileage as a V6 Accord... well, I think the sales will do well, very very well. My only concern is that GM will need to advertise the HELL out of the mileage numbers.
As much as I want to see ads that boast about "4/500 BHP" supercharged Z-28 PWR! I think it would be a poor campaign... if they emphasize fuel mileage, and let the design sell on looks, then I think the Camaro's return will do well.
My only advice, don't wait to buy a V8... if you *really* want a V8, buy it on launch, as I can foresee the big dog getting taken out behind the shed if gas goes to $200/bbl.
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