The new Camaro exemplifies GM's global development process with the design concept originating in the United States; engineering directed by GM's global rear-wheel drive team in Australia; validation conducted on roads around the world and assembly to take place in Canada.
Among the onlookers was reigning V8 Supercar Champ and Camaro enthusiast, Garth Tander, who brought his own 1969 Camaro SS to Port Melbourne, and several generations of Camaros represented by Melbourne's Camaro Car Club.
With GM's global rear-wheel drive team based in Australia, much of the design and engineering work for the new Camaro was undertaken in Victoria, giving this vehicle an important place in Australia's auto history.
Ed Peper, GM North America Vice President for Chevrolet, said the Camaro delivered all of the things that make Chevrolet such a revered, global brand.
"It competes with the world's best sports cars and does so with styling, fuel economy and value our competitors simply can't match.
Under the bonnet of the new Camaro is an advanced, efficient 3.6-litre direct injected V6 with variable valve timing. This is standard on LS and LT models. Direct injection technology helps the engine deliver more power through increased efficiency, while maintaining fuel economy and lowering hydrocarbon emissions.
The high performance Camaro SS is equipped with a powerful 6.2-litre V8, with a choice of a six-speed manual or six-speed automatic transmission.
Standard, manual transmission equipped models receive the LS3 engine, which uses high flow cylinder heads based on the Corvette Z06's LS7 engine enabling great low end torque and high rpm power.
A new, L99 V8 engine is used on automatic transmission equipped SS models. This is based on the LS3 and carries all of its high performance design features, but also includes GM's fuel saving Active Fuel Management feature. This enables the engine to run on only four cylinders during light load driving conditions, such as highway cruising, to improve fuel economy.