Long Live the GTO!! (& maybe the El Camino!?)

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The Pontiac GTO lives! It will be replaced in late 2008 by an all-new model underpinned by General Motors’ latest rear-wheel-drive Zeta platform, with a strong likelihood of it being built on the same production line as the Chevrolet Camaro in North America.

But Lutz has told AutoWeek that reports of the rear-wheel-drive coupe’s death were premature and the next-generation GTO’s development program was only really placed on hold, and—after some internal reorganization to ensure profitability targets can be met—it is now back on.

“It was my fault that it got out of control in the first place,” he added. “It was going to be the world’s greatest car and apparently cost nothing to make. So we’ve started over now. The program is back on and it’s going full tilt.”

Lutz confirmed that the GTO was “only ever off for two months, but that break has enabled us to get a more feasible program up.” The program he points to is General Motors’ Zeta rear-wheel-drive platform, which is being developed by Holden in Australia and set to underpin the new-generation Commodore due to be launched in August.

Besides Camaro and GTO, other models set to be based on the Zeta platform are upcoming replacements for the Chevrolet Impala and Monte Carlo, and a new car called the Buick Statesman, according to Lutz.

Contrary to rumors, however, Lutz said General Motors is not planning to revive the Pontiac Firebird. “No, that’s not something we are planning. We are not going to do that car,” he said.

When pushed on whether GM was thinking about bringing back the El Camino off the Zeta platform, Lutz beamed with enthusiasm. “The kids in the company, myself included, would love to do another El Camino, but the grown-ups amongst us don’t share that way of thinking,” he said. “It would be fairly simple. We’d only have to put a Chevrolet face on the Holden Ute [a car-like pickup sold in Australia]. The building blocks are there.”

Despite being developed in Australia, however, there are strong indications the next GTO will be built in North America. “Whether the GTO will be built in Australia [as the current Pontiac GTO is] will largely depend on the [U.S. vs. Australian dollar] exchange rate at the time,” said Lutz. He added, “With the current strength of the Australian dollar and the recent Free Trade Agreement between Australia and the U.S., it would be more feasible to build the GTO in North America. This raises the possibility of both the new-generation GTO and Camaro being imported to Australia in right-hand-drive guise.
 
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“The kids in the company, myself included, would love to do another El Camino, but the grown-ups amongst us don’t share that way of thinking,” he said.
Once again, GM shows why they struggle - they could take a huge calculated risk, but a huge potential win, by reintroducing the El Camino, but they wuss out....
 

epj3

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Another reason GM's sell bad

"We’d only have to put a Chevrolet face on the Holden Ute [a car-like pickup sold in Australia]."

Come on, I know for a FACT I have seen posts and talked to potential GTO buyers who said the new gto was just bland and it's not a REAL american car. That's the big selling point of muscle cars, you buy them because they are all american. Even a new el camino off another country's design IMO is just another failure to happen.
 


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