A new report alleged that the seventh-generation Chevrolet Camaro has been cancelled, but we have now received new intel indicating the car has actually just been delayed.

The report cited unnamed sources who said the seventh-generation Chevrolet Camaro has been shelved. It’s not that GM is abandoning the Camaro nameplate altogether, though, but has rather delayed the introduction of the seventh-gen car until further notice.

The good news is that the current version of the muscle coupe isn’t going anywhere soon, with production expected to last until 2023. That leaves room for another potential refresh after the recently introduced 2020 model year update, along with more model variants (ahem, Z/28, anyone?).

Dwindling sales and a shifting business strategy may have driven GM to reconsider its Camaro strategy. Not only is the Camaro losing the sales race to the Mustang and even the Challenger, it’s somewhat at odds with GM’s strategy to focus on trucks, crossovers, SUVs and hybrid/electric vehicles in the United States.

If the seventh-generation Camaro ended up getting the green light as previously planned, it would have likely ended up on the A2XX/Alpha 2 platform that underpins the new Cadillac CT5 and CT4 sport sedans, which is an evolution of the Camaro’s current platform.

The next-generation Ford Mustang is expected to arrive in 2021 or after. Dodge is also believed to be working on next-generation Challenger that will arrive sometime after 2022. Chevy will attempt to keep pace with its rivals with the sixth-generation Camaro by applying heavy updates to the car.

(A previous version of this story indicated the seventh-generation Chevrolet Camaro had been cancelled, but we received word that it has actually been delayed until further notice.)

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