Based on the 2006 Camaro Concept and 2007 Camaro Convertible Concept, production of the fifth-generation Camaro was approved on 10 August 2006. Oshawa Car Assembly produces the new Camaro which went on sale in spring of 2009 as a 2010 model year vehicle.
Production began on March 16, 2009. The 2010 Camaro is offered as a coupe only in LS, LT, and SS trim levels. LS and LT models are powered by a 3.6 L (220 cu in) V6 producing 304 hp (227 kW) mated to either a 6-speed manual or a 6-speed automatic with manual shift. The SS is powered by the 6.2 L (380 cu in) LS3 V8 producing 426 hp (318 kW) and is paired with a 6-speed manual. The automatic SS gets the L99 V8 with 400 hp (300 kW). The RS appearance package is available on both the LT and SS and features 20-inch rims with a darker gray tone, halo rings around xenon headlamps, and red RS or SS badges.
On April 1, 2010, the Camaro was named the World Car Design of the Year at the World Car of the Year Awards.