[tw]

Camaro concept becomes a reality
Chairman and Chief Executive Rick Wagoner responded to what he called an "overwhelmingly enthusiastic response" by announcing the automaker will begin production of the revived Camaro at the end of 2008, slated to hit dealer lots in the first quarter of 2009. ...

The concept, first driven across the Cobo Center floor by GM Vice Chairman Bob Lutz, pierced ears with a 6.0-liter V8 engine cranking out 400 horsepower, tied to a six-speed manual gearbox.

... while Ford Motor Co. have pledged to join the muscle-car caravan with a 325-horsepower version of the Shelby GT and the Dodge Challenger, respectively. ...

Despite claims that GM is missing the mark with some of its new products, Joe Wiesenfelder, senior editor at Cars.com, said that the company almost has to go this route with the Camaro.

... "On paper, the outgoing Pontiac GTO sounded great, but it was a relative flop.

Deja vue 1970s - same mistakes made by the same companies before bankruptcy finally fixed them.