{"id":377272,"date":"2018-09-14T14:15:40","date_gmt":"2018-09-14T13:15:40","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/camaros-crisis-lewrockwell\/"},"modified":"2018-09-14T14:15:40","modified_gmt":"2018-09-14T13:15:40","slug":"camaros-crisis-lewrockwell","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/camaros-crisis-lewrockwell\/","title":{"rendered":"Camaro\u2019s Crisis &#8211; LewRockwell"},"content":{"rendered":"<div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t                            \t<!-- S3 Cache --><!-- S3:S3:Non-Original -->\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>It\u2019s 1975 all over again \u2013 for the Chevy Camaro.<\/p>\n<p>That year, there was no Z28 and the next year there was almost no Camaro. Chevy \u2013 GM management \u2013 came very close to cancelling both the Camaro and its sister car, the Pontiac Firebird, because of wilting sales.<\/p>\n<p>Things are much worse now than they were back in \u201975.<\/p>\n<p>So far this year, Chevy has sold\u00a0<a href=\"http:\/\/www.autonews.com\/article\/20180902\/RETAIL01\/180909961\/camaro-mustang-challenger-muscle\">29,551 Camaros<\/a>.<\/p>\n<p>In \u201975 \u2013 a\u00a0<em>bad<\/em>\u00a0year for Camaro \u2013 145,770 were sold.\u00a0\u00a0The more relevant figure to GM\u2019s current predicament may be last year\u2019s sales \u2013 which were more than twice this year\u2019s \u2013 67,940 cars sold.<\/p>\n<p>There are still four months left in this year, so it will\u00a0probably not be that bad by the end of the year, but it is still bad enough. GM is publicly worried enough that it has announced it will be cutting the 2019 Camaro\u2019s price by $1,000 to $25,995 and offering a new and lower-cost 1LE Turbo performance package to go with the four cylinder engine that is the current Camaro\u2019s standard engine. GM believes this will make the Camaro more competitive with the Ford Mustang, which also offers a turbo four \u2013 and outsells the Camaro dramatically.<\/p>\n<p>So far this year, Ford has found homes for 48,362 Mustangs. That\u2019s a difference of almost 20,000 cars so far and no small thing.<span class=\"amazon-element-wrapper-custom align-right last-count\"><br \/>\n<span class=\"amazon-element-med-image\"><span class=\"amazon-image-wrapper\"><a href=\"https:\/\/www.amazon.com\/Camaro-Fifty-Years-Chevy-Performance\/dp\/0760350345?SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;tag=lrc18-20&amp;linkCode=xm2&amp;camp=2025&amp;creative=165953&amp;creativeASIN=0760350345\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/images-na.ssl-images-amazon.com\/images\/I\/51TFMrJzxsL.jpg\" alt=\"\" class=\"amazon-image amazon-image-medium\"\/><\/a><\/span><\/span><br \/>\n<span class=\"amazon-element-title\"><span class=\"appip-title\"><a href=\"https:\/\/www.amazon.com\/Camaro-Fifty-Years-Chevy-Performance\/dp\/0760350345?SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;tag=lrc18-20&amp;linkCode=xm2&amp;camp=2025&amp;creative=165953&amp;creativeASIN=0760350345\" target=\"_blank\" rel=\"nofollow\">Camaro: Fifty Years of&#8230;<\/a><\/span><\/span><br \/>\n<span class=\"amazon-element-author\">Mike Mueller<\/span><br \/>\n<span class=\"amazon-element-lowest-used\"><span class=\"appip-lowest-used\"><span class=\"appip-label label-lowest-used\">Best Price: <\/span>$27.56<\/span><\/span><br \/>\n<span class=\"amazon-element-formatted-price\"><span class=\"appip-formatted-price\"><span class=\"appip-label label-formatted-price\">Buy New <\/span>$27.94<\/span><\/span><br \/>\n<span class=\"amazon-element-disclaimer-new\"><span style=\"display:block;color:#888;font-size: .80em; padding: 0 0 3px 0;\">(as of 08:40 EDT &#8211; <span style=\"cursor:pointer;\" title=\"Product prices and availability are accurate as of the date\/time indicated and are subject to change. Any price and availability information displayed on Amazon.com at the time of purchase will apply to the purchase of this product.\">Details<\/span>)<\/span><\/span><br \/>\n<span class=\"amazon-element-button\"><a target=\"_blank\" href=\"https:\/\/www.amazon.com\/gp\/aws\/cart\/add.html?AssociateTag=lrc18-20&amp;SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;ASIN.1=0760350345&amp;Quantity.1=1\" rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.lewrockwell.com\/wp-content\/mu-plugins\/amazon-ad-link-lr\/img\/buy-from-tan.gif\" border=\"0\"\/><\/a><\/span><br \/>\n<\/span><\/p>\n<p>Dodge is also selling more Challengers than Chevy is Camaros \u2013 and the 2018 Challenger is the same car, more or less, as the 2008 Challenger. It hasn\u2019t been significantly updated in a decade while Camaro has been radically updated just recently.<\/p>\n<p>But that brings us to the Camaro\u2019s problem \u2013 which isn\u2019t really a\u00a0<em>sales<\/em>\u00a0problem.<\/p>\n<p>It is a\u00a0<em>Camaro<\/em>\u00a0problem.<\/p>\n<p>Back in \u201975, the&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.lewrockwell.com\/2018\/09\/eric-peters\/camaros-crisis\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s 1975 all over again \u2013 for the Chevy Camaro. That year, there was no Z28 and the next year there was almost no Camaro. Chevy \u2013 GM management \u2013 came very close to cancelling both the Camaro and its sister car, the Pontiac Firebird, because of wilting sales. Things are much worse now than [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-377272","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/377272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=377272"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/377272\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=377272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=377272"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=377272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}