The Detroit Bureau is reporting that the Camaro convertible and Z28 variants are being delayed and may eventually be canceled due to the budget crisis hitting GM and its many suppliers. The main issue with the Camaro convertible has to do with the collapse of the German company that was supposed to supply it. It was originally planned that the convertible would launch about a year after the coupe, but since GM now has to seek a new supplier, the convertible could be delayed even further.
As for the Z28, it may just cost too much to produce according to Gene Stefanyshyn, Camaro’s Vehicle Line Executive. Stefanyshyn estimated that it would cost GM approximately $50 million to bring it to market. The Z28 would have featured well over 500 horsepower and would have been the halo car for the Camaro lineup.
Full Story: The Detroit Bureau