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2010 Chevrolet Camaro Z28 Cancelled, Convertible on Hold

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Just as GM begins rolling the highly-anticipated 2010 Chevrolet Camaro off its assembly lines, we get disappointing news from the General regarding the Z28 and convertible variants.
The Z28 is simply a victim of cost-cutting: with an estimated price tag of about $50 million to bring the high-performance variant to market, GM simply can't afford it right now. Although Chevy executives don't want to give up the Z28 completely - the Z28 is the variant they were hoping would dethrone the Mustang in the current muscle car wars - the Camaro's vehicle line executive, Gene Stefanyshyn, says it will take some creative engineering to bring a lower-priced but equally competitive version to market.The convertible Camaro, on the other hand, was set to start production in a year - until the German supplier for the roof went under. Not all is lost, however, as GM is actively seeking another supplier to step in."We're looking to find an alternative source for the roof," Stefanyshyn said. He warned that even if a supplier can be found quickly, however, it will take some time to get the supplier up to speed. The Detroit Bureau cites another source as saying a 6-month delay is inevitable - meaning the convertible would miss the vital spring/summer window.