General Motors' redesigned, 2016 Chevrolet Camaro will be smaller than the current model and will be built on GM's Cadillac ATS compact-car chassis, Chevy says.

It also might offer a turbocharged four-cylinder engine, as the rival Ford Mustang does.

The next-generation Camaro goes on sale late next year.
Chevy hasn't provided any teaser photos of the 2016 Camaro, and says it doesn't plan to unveil the car at the North American International Auto Show in Detroit in January. In fact, Chevy says, it hasn't decided where the next-gen car will make its debut.

The current Camaro, launched in 2009 as a 2010 model, uses a rear-drive chassis that's a modified version of Holden Commodore by GM's Australian brand.

GM says it'll stop building cars in Australia in 2017, so the Camaro has to shift to a platform that'll continue in production.
Cadillac's ATS coupe, the version of the ATS that's most like a Camaro, is shorter, narrower and weighs less than the current Camaro, as well as the new-design, 2015 Ford Mustang.

The ATS chassis was developed to make the car a credible rival to the BMW 3-series, so moving to that setup will mean Camaro joins Mustang is emphasizing a European sporty-car driving feel.

It's a striking move for cars that have defined the American sporty coupe for decades. In fact, such cars are called "pony cars" after the pioneering Mustang. It was launched April 17,1964 and was a sensation.

Ford developed the Mustang to appeal to overseas buyers, hoping to boost sales globally. To target European and Asian shoppers, Ford gave the Mustang a lithe and nimble chassis with independent rear suspension, and a 2.3-liter turbocharged, four-cylinder with V-8 power to muscular.

GM's Cadillac ATS offers a turbo four, so a version of that engine would be a natural for the new Camaro.