New Chevrolet Camaro Convertible Production Begins, Prices Start from $30,000

General Motor today celebrated the start of regular production of the 2011 Chevrolet Camaro Convertible at its Oshawa assembly plant in Canada. The drop-top version of the Detroit firm's muscle car will go on sale in the U.S. in February and will be available with two engine options and four trim packages with prices starting from US$30,000 MSRP including an $850 destination fee.

The entry-level 1LT (US$30,000) and 2LT (US$33,500) Camaro Convertible models are powered by a 3.6-liter direct injection V6 motor rated at 312 horsepower and 278 lb.-ft. or 370 Nm of torque, and can be equipped with either a standard six-speed manual gearbox or an optional six-speed automatic transmission.

Those seeking more power can opt for the 1SS (US$37,500) or the 2SS (US$40,500), which are offered with a choice of two 6.2-liter V8 powertrains, , including the L99 with 400HP and 410 lb-ft of torque on automatic-equipped vehicles and the LS3 with 426HP and 420 lb-ft on manual-equipped models.

Customers can choose from nine production exterior colors with tops offered in black or tan, while all convertible models are fitted with a rear parking assist system as standard.

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Mercedes-Benz Readying Baby CLS and Small SUV, will Arrive in the U.S. within the next Three Years

In order to attract younger customers, Mercedes is planning to launch several new compact models, all based on the brand’s upcoming MFA (Mercedes Front-wheel-drive Architecture) platform. These new vehicles will also be offered in North America. According to an Automotive News Europe report, the Stuttgart automaker is currently working on a 'baby' CLS four-door coupe model and an SUV, which could be joined later on by a convertible or shooting brake variant.

“We will introduce the next generation of our MFA family to the U.S.”, Joachim Schmidt, Mercedes' global sales and marketing boss, told ANE in an interview. “Two variants, maybe even a third, are planned for the U.S.”, he added.

Described by company insiders as a “baby CLS”, the coupe is said to resemble the larger CLS four-door coupe and is due in summer 2013. It will be followed a year later by a BMW X1 rival with both variants to be offered in Europe three to five months ahead their U.S. debut.

The new compact car family will also replace the European A- and B-Class models, starting with the A-Class in late summer 2012. Currently, the automaker has no plans to sell these cars in America, but could do so if consumers show interest.

“The U.S. is not the typical compact hatchback market but if the demand arises, we could react very quickly and introduce these two variants in the U.S. far quicker than in the past”, the inside source said.

Furthermore, the MFA platform could be used by Mercedes’ new partner, Renault-Nissan, for a new-entry level Infiniti model, although nothing has been decided yet, Schmidt said.

Source: ANE