GM's Executive Vice President of Global Product Development recently hinted the company was working on a more affordable Camaro with a V8 engine and it appears that won't be the only variant getting special attention.
In an interview with GM Authority, Chevrolet's Todd Christensen confirmed “We’re trying to do more in the lower end" so the company is thinking of "ways to repackage and reprice" the Camaro. Christensen went on to say Chevrolet is looking at several different options and noted the V8 engine has seen higher demand than originally expected.
This creates a bit of a problem as the Camaro SS starts at $37,000 which is $1,905 more than the 2018 Ford Mustang GT. As a result, Christensen hinted a more affordable V8-powered model could "be one way to make the middle of the market grow a bit more."
The V8 model might not be the only one getting special attention as Christensen said the company needs to shine a spotlight on the car's turbocharged 2.0-liter four-cylinder engine. Unfortunately, that's another Camaro weak spot as the engine produces 275 hp (205 kW) and 295 lb-ft (400 Nm) of torque which is significantly less than the Mustang's 2.3-liter EcoBoost four-cylinder which pumps out 310 hp (231 kW) and 350 lb-ft (474 Nm) of torque.
Christensen was declined to say when we could see the changes but Chevrolet is working on a facelifted Camaro and it wouldn't be too surprising if the company waited until the car's unveiling to introduce more affordable variants.