Quick Facts: Camaro was first built in 1967. Offered in V-6-powered LS and LT models, and the V-8-powered SS. First shown as a concept car at the 2007 NAIAS in Detroit. Will offer an estimated 26 mpg on the highway. Sales will begin in the first quarter of 2009.

For the first time since 2002, Chevrolet unveiled a new Camaro, the iconic sports car first introduced in 1967.

The car, revealed Monday in Detroit, will offer an estimated 26 mpg on the highway. The car will be a 2010 model and sales will begin in the first quarter of 2009.

"Camaro delivers all of the things that make Chevrolet such a revered, global brand," said Ed Peper, GM North America vice president for Chevrolet. "It competes with the world's best sports cars and does so with styling, fuel economy and value our competitors simply can't match."

The Camaro is built on GM's new, global rear-wheel-drive architecture, and is offered in V-6-powered LS and LT models, as well as the V-8-powered SS. All models and powertrain combinations include fuel-saving six-speed transmissions.

"The new Chevrolet Camaro delivers a thoroughly modern, advanced package of performance, comfort and technology," said Peper. "It's a sports car for a new generation of enthusiasts that doesn't forget the heritage that helped make the original a cultural icon. That is no small feat and it took a worldwide commitment to achieve it."

The design concept originated in the United States; engineering was directed by GM's global rear-wheel-drive team in Australia; validation was conducted on roads around the world and assembly will take place at GM's Oshawa facility in Canada.

"The new Camaro is just that -- new," said Ed Welburn, vice president of GM Global Design. "We acknowledge the nameplate's strong heritage in the design, but recognize that keeping this modern sports car relevant meant more than simply honoring a classic car. The line forms, stance and overall execution are consistent with other new Chevrolets."

The car was first shown as a concept car at the 2007 North American International Auto Show in Detroit.