Trying to look unfazed by their company’s shaky financials, GM just unveiled the new 2010 Chevy Camaro. Set for availability in 2009, the new Camaro hopes to that car that would strike the balance between form and substance. And in today’s world of gallon-pinching, the Camaro’s return of 26 mpg makes it practical as well.

The Camaro uses GM’s rear-wheel drive architecture and would feature three variants sporting two different engines - a 3.6L V6 and a 6.2L V8. The V6 dishes out 300 hp while the V8 packs 422 horses. These engines are mixed and matched to six-speed trannies designed to give optimum performance and fuel efficiency.

All variants feature four-wheel disc brakes with ABS and are equipped with GM’s StabilTrak electronic stability control. The car also offers rear parking assist, remote starting, Bluetooth connectivity, airbags for safety, and an XM satellite radio.

I’d like to see how the new Camaro would fare in the market. The features and the performance figures seem to make this a practical choice for those gunning for a sports car that wouldn’t break the bank. Still, it makes me curious whether GM’s image as a faltering company will have an effect to public reception.

Source: Chevrolet