The bright spot in GM - Camaro

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Though GM faces problems galore, there is one bright spot in the auto maker’s difficulties. Its Camaro car is selling like there’s no tomorrow and there are no stocks with dealers. The car sells so fast at the starting sticker price of $22,040 even though there are incentives that dealers want more stock

The 2010 Chevrolet Camaro is so much in demand that it can call for $500 more than the list price, forget about incentives. The company had an order book of 25,000 and it has fulfilled half the order book. Now dealers are wanting more because the car is selling so fast, but it will take time for GM to deliver stock.

The Camaro competes with Ford Motor Co.’s Ford Mustang and Chrysler Group LLC’s Dodge Challenger. It has probably benefited from its use as Bumblebee in the movie, Transformers.

The sports car, made in Oshawa, Ontario, is available with a 3.6-liter, direct-injected V-6 engine or a 6.2-liter V-8. When powered by the V-6, the Camaro is rated at 29 miles per gallon on the highway and 18 mpg in the city with an automatic transmission. Dealers who are otherwise going in losses or have lots of unsold stock would like to have more of these cars because of the speed with which they are selling.