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On 9 January 2006, the first official word regarding a fifth-generation Camaro from General Motors came at the 2006 North American International Auto Show, where the 2006 Camaro Concept was released.[7] The concept is powered by the 400 hp (298 kW) LS2 V8 and equipped with the T-56 six-speed manual transmission. GM also showed the 2007 Camaro Convertible Concept on 6 January, 2007 at the 2007 North American International Auto Show. The fifth generation Camaro was approved for production on 5 August, 2006. It is expected to go into production at Oshawa Car Assembly[8] in February 2009 to be sold in spring of 2009 as a 2010 model year vehicle.[9][10] Both V6 and V8 engines will be available along with automatic and manual transmissions. Pricing has not been officially announced yet, however, GM has stated that it will be competitive with the Ford Mustang.