Camaro will hit streets again

0 Comments | USA TODAY, August, 2006 | by Sharon Silke Carty

TRAVERSE CITY, Mich. -- It took eight months to publicly reach a decision, but General Motors finally announced Thursday that it will build the Chevrolet Camaro, a retro-design muscle car that grabbed headlines at the Detroit auto show in January.

The move is an attempt to continue strengthening GM's product lineup, one of the key points in the ailing automaker's restructuring plan. GM is struggling to regain its footing in North America, its most important market, to help turn around the business.

GM lost $85 million in North America during the second quarter, which may seem like a huge number but is $1.1 billion better than a year earlier.

The Camaro won't go on sale until the first quarter of 2009.

It will use a rear-wheel-drive chassis being...