Several factors are weighing down Camaro sales, including its lame duck status. Chevy is launching a new generation of the Camaro this year that's more than 200 pounds lighter, offers a new turbo four-cylinder engine option, and has a nicer interior than the outgoing model. Put simply: wait a few months and you can get a better car. It's also unlikely Chevy will jack up the price much, as it's historically kept the Camaro within reach of everyday enthusiasts.
While Chevy fans wait in anticipation for their new sports car, Ford and Dodge have downshifted. The new Mustang, which went on sale last year, is lighter, faster, and more sophisticated than its predecessor. It also offers a 2.3-liter EcoBoost four-cylinder, which Ford has credited for the Mustang's recent uptick and makes up 36 percent of the car's sales, Ford analyst Erich Merkle said.
The rankings have allowed the Blue Oval some bragging rights this year, and Ford sales and marketing vice president Mark LaNeve called the Mustang's sales "smoking hot." They've sizzled in California, where retail 'Stang sales increased 157 percent in June, Merkle said.
Even through the rankings have shuffled this year among the Mustang, Camaro, and Challenger, the across-the-board sales increases in June indicate general health for the market. "US sales in June reflect a more optimistic consumer, from increases in sporty car sales like the Ford Mustang and Chevrolet Camaro to the continued growth in SUV sales," IHS Automotive senior analyst Stephanie Brinley said in a statement.
While Ford and Dodge have capitalized on the Chevy's time of transition, the gen six Camaro is mere months away. Despite its strengthened competition, Chevy doesn't plan to remain No. 2. As General Motors product chief Mark Reuss put it: "If you're not here to win, why play the game?"