The fact the next-generation Camaro will replace the current model for the 2016 model year is no longer a mystery, but Chevrolet->ke199 has finally made things official, confirming that 2015 will be last year on the market for the fifth-gen pony->ke507. The announcement, which came with a shorts list of updates -- basically just one new color -- for the 2015 Camaro->ke248, was quite brief and lacked any details on the redesigned model. However, previous reports have suggested the Camaro will get a new platform and an evolutionary styling that's pretty familiar to customers.

Of course, the 2016 Camaro will get plenty of powertrain updates, with more horsepower coming out of its V-6 and V-8 engines, and possibly with the Corvette's seven-speed manual transmission offered as standard. Interior revisions may include more soft-touch materials and premium surfaces, and loads of technology that will help the Camaro catch up with the 2015 Mustang.

As for the 2015 model, there are no horsepower improvements on the horizon, with all the current models to keep their respective specs and configurations. The main novelty is a new Blue Velvet Metallic color to the existing palette. With no significant updates on the table, pricing for the 2015 Camaro lineup is likely to remain nearly unchanged.

Click past the jump to read more about the current Chevrolet Camaro.

Why It Matters

2016 may be more than a year away, but the next-generation Camaro is just around the corner. With production and sales to commence in 2015, Chevy will probably unveil the brand-new pony at the Detroit Auto Show->ke222 in January. This means we have until the end of the year to ogle at spy shots, renderings and any info that may leak onto the Internet. And we know they will.

Fifth-Generation Chevrolet Camaro

The fifth-generation Camaro went on sale in the 2010 model year and marked the nameplate's return to the lineup after a seven-year hiatus. The current pony is retailed with a choice of V-6 and V-8 engines with outputs ranging from 323 to 580 horsepower. The ZL1 is the most powerful model you can get, and it sports a supercharged, 6.2-liter mill that delivers 580 ponies. Chevrolet also sells a track-capable Z/28 version that features a naturally aspirated, 7.0-liter V-8 rated at 505 horsepower.