Z/28 has been put on hold again? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

a_Username · 12-03-2009, 09:52 AM

http://www.gminsidenews.com/forums/f...le-pics-86679/

According to this thread:

Quote:

The much anticipated, higher performance Z28 model Camaro has reportedly been scrapped, with the low-volume sales and a reported $50 million production tag sealing its fate.

Is this more or less a rumor? Any confirmed sources saying the same thing?

Scott@Bjorn3D · 12-03-2009, 09:57 AM

Rumbling going around that GM's Board killed it and that was another issue that helped with the ouster the other day. The board is ran by the govermemnt appointees and they are not wanting to spend money on another non green car.

All-Or-Nothing · 12-03-2009, 10:01 AM

I think it's good thing. GM right now is still operating at a loss. They need cash and that money would do better invested in cars that will sell in higher volumes. Z28 may fulfill enthusiasts dreams but it won't bring in enough cash to justify the investment. GM needs to get in the black before wasting money this way or they will be back in BK court.

D1BADZ · 12-03-2009, 10:02 AM

oh well

coolman · 12-03-2009, 10:03 AM

Yea right. Next week it will be back on. I never seen a more talked about car that doesn't exist. I can believe it though, because gm an slp hooked up to sell cars so why would they bring out a z/28. I would seem redundant.

a_Username · 12-03-2009, 10:09 AM

Quote:

Originally Posted by All-Or-Nothing

I think it's good thing. GM right now is still operating at a loss. They need cash and that money would do better invested in cars that will sell in higher volumes. Z28 may fulfill enthusiasts dreams but it won't bring in enough cash to justify the investment. GM needs to get in the black before wasting money this way or they will be back in BK court.

The Camaro was an enthusiast's dream and it is doing very well. I believe the Z/28 would turn in more than enough profit to justify it's production. I firmly believe though, that when the Camaro sales start slipping, then they will release the Z/28 to get the hype stirring once again. Then again, they could capitalize on the popularity right now, however it is a hard business decision that I'm glad I do not have to make.

All-Or-Nothing · 12-03-2009, 10:15 AM

Quote:

Originally Posted by a_Username

The Camaro was an enthusiast's dream and it is doing very well. I believe the Z/28 would turn in more than enough profit to justify it's production. I firmly believe though, that when the Camaro sales start slipping, then they will release the Z/28 to get the hype stirring once again. Then again, they could capitalize on the popularity right now, however it is a hard business decision that I'm glad I do not have to make.

Yes it is a car that most of the buying public could afford. Even with dealers jacking up the prices. The Z28 will not fall into that price bracket and it will be less attainable by most of those same people. In another financial situation i would say do it but GM needs to focus on more popular segments right now.

D1BADZ · 12-03-2009, 10:15 AM

OH snap they took that site down!

All-Or-Nothing · 12-03-2009, 10:20 AM

Quote:

Originally Posted by D1BADZ

OH snap they took that site down!

It's just scheduled site maintenance.

a_Username · 12-03-2009, 10:27 AM

Quote:

Originally Posted by All-Or-Nothing

Yes it is a car that most of the buying public could afford. Even with dealers jacking up the prices. The Z28 will not fall into that price bracket and it will be less attainable by most of those same people. In another financial situation i would say do it but GM needs to focus on more popular segments right now.

This trim level wouldn't be made to outsell the other Camaros. It would have a different target market, obviously upper middle class to upper class buyers. It would do good for it is supposed to do, which would be to compete with the higher end segments of the Challengers (SRT8), Mustangs (GT500), etc.The GT500 seems to be justified enough to produce, give that benchmark plus the added popularity of the Camaro over the Mustang, as of right now, then the Z/28 would be a good business decision.

D1BADZ · 12-03-2009, 10:36 AM

Quote:

Originally Posted by All-Or-Nothing

It's just scheduled site maintenance.

So they say............

coolman · 12-03-2009, 10:36 AM

Gm needs a car that they can sell like hot cakes at and all you can eat pancake breakfast.
They don't need to sock a bunch of money into another low volume car right now. Until they start making money again I think cars like that should go on hold. And Believe me it's not because I don't want one. I just don't want my tax dollars to go waisted.

OUTATIME · 12-03-2009, 10:47 AM

Quote:

Originally Posted by coolman

Gm needs a car that they can sell like hot cakes at and all you can eat pancake breakfast.
They don't need to sock a bunch of money into another low volume car right now. Until they start making money again I think cars like that should go on hold. And Believe me it's not because I don't want one. I just don't want my tax dollars to go waisted.

As much as I want one, I agree.

tacotylert · 12-03-2009, 10:58 AM

yeah its ok we don't need the z28 to keep up with the gt500s anyways...even though the gt500 is atleast 20,000 more it is barely faster than a stock ss

12-03-2009, 10:02 AM	#4
D1BADZ hmmmmm Drives: 2010 IOM in-n-out 2SS Join Date: Oct 2008 Location: San Jose, Ca Posts: 1,325 View My Garage	oh well __________________ "Responsibility is a Heavy Responsibilty" (Cheech)

12-03-2009, 10:15 AM	#8
D1BADZ hmmmmm Drives: 2010 IOM in-n-out 2SS Join Date: Oct 2008 Location: San Jose, Ca Posts: 1,325 View My Garage	OH snap they took that site down! __________________ "Responsibility is a Heavy Responsibilty" (Cheech)

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12-03-2009, 09:57 AM	#2
Scott@Bjorn3D Drives: Kami, 2013 2SS LS3 Luvin Join Date: Oct 2008 Location: Eufaula, Alabama Posts: 6,427	Rumbling going around that GM's Board killed it and that was another issue that helped with the ouster the other day. The board is ran by the govermemnt appointees and they are not wanting to spend money on another non green car.

12-03-2009, 10:01 AM	#3
All-Or-Nothing Account Suspended Drives: BMW 6 series Vert Join Date: Aug 2009 Location: Right Here Posts: 979	I think it's good thing. GM right now is still operating at a loss. They need cash and that money would do better invested in cars that will sell in higher volumes. Z28 may fulfill enthusiasts dreams but it won't bring in enough cash to justify the investment. GM needs to get in the black before wasting money this way or they will be back in BK court.

12-03-2009, 10:03 AM	#5
coolman Guest Join Date: Jun 2009 Location: PA Posts: 4,812	Yea right. Next week it will be back on. I never seen a more talked about car that doesn't exist. I can believe it though, because gm an slp hooked up to sell cars so why would they bring out a z/28. I would seem redundant.

12-03-2009, 10:36 AM	#12
coolman Guest Join Date: Jun 2009 Location: PA Posts: 4,812	Gm needs a car that they can sell like hot cakes at and all you can eat pancake breakfast. They don't need to sock a bunch of money into another low volume car right now. Until they start making money again I think cars like that should go on hold. And Believe me it's not because I don't want one. I just don't want my tax dollars to go waisted.

12-03-2009, 10:58 AM	#14
tacotylert Drives: 2010 Camaro SS Red Jewel Join Date: Jul 2009 Location: Bedford, IN Posts: 17	yeah its ok we don't need the z28 to keep up with the gt500s anyways...even though the gt500 is atleast 20,000 more it is barely faster than a stock ss