DETROIT -- General Motors earned some good news in an otherwise dismal sales month in June: the Chevrolet Camaro outsold the Ford Mustang for the first time since 1993.
The reborn Camaro throttled the restyled Mustang, 9,320 to 7,362. The last time the Camaro beat the Mustang in a U.S. monthly sales race was October 1993, when Chevy sold 10, 985 Camaros and Ford sold 5,680 Mustangs.
The Camaro's success emerged as GM -- which has been operating in Chapter 11 bankruptcy since June 1 -- posted a 33.4 percent monthly sales decline in June and a 40.4 percent plunge for the first half of the year.
The last time the Camaro outsold the Mustang for a full year was 1985. That year, Chevrolet sold 199,985 Camaros, while Ford moved 157,821 Mustangs.
Mark LaNeve, General Motors vice president of vehicle sales, service and marketing, said nearly every Camaro sale in June was at retail, and sales for the month were nearly double the number GM expected.
Camaro was selling best in California, LaNeve said, and GM has only a six-day supply of the vehicle.
Some dealers have reported selling the cars right off the delivery truck, with some consumers paying as much as $500 over sticker -- making the sports coupe one of the few vehicles in the industry hot enough to do that.
Ford has restyled the Mustang for 2010, making it look smaller and upgrading the interior but keeping the same powertrains. The Camaro is all new and features a base V-6 engine that delivers almost as much horsepower as the V-8 in the Mustang.
Camaros entry-level V-6 comes with direct fuel injection, 304 hp and an EPA rating of 29 mpg on the highway. The Camaros base price is $23,040 and the Mustangs is $21,845. Both prices include shipping.