2010 Chevrolet Camaro

Also per ponycar tradition, the new Camaros will offer at least one budget-friendly V6 and one performance-oriented V8. Models using the V6 will employ GM's newer 3.6-liter twincam design with direct injection, as found in the Cadillac CTS. The V8, as on the concepts, should be the 6.0-liter base-Corvette engine equipped with GM's gas-saving Active Fuel Management cylinder-deactivation. If gas prices keep rising, GM's Bob Lutz has suggested the company may look at powering the Camaro with turbocharged 4-cylinder engines. Chevy may also offer a lower-power, lower-cost V-8, as Mustang does. All Camaro engines should team with six-speed manual or optional six-speed automatic transmissions.

2010 Chevrolet Camaro Prices: They're a bit hard to predict, what with an on-sale date nearly a year away. But GM has said Camaro will be a premium car, and it won't compete with the Ford Mustang on price. Our guesstimate: The 2010 Chevrolet Camaro V6 coupe will start around $22,000 with the V8 model around $28,000. Convertibles will likely start at around $28,000 for a V6 model and range up to $35,000 for a V8.

Pricing has not been officially announced yet, however, GM has stated that it will be competitive with the Ford Mustang.