The sixth-generation Chevrolet Camaro has been on a roller coaster ride since it made an impactful debut on 2015. The Camaro was selling like pancakes up until September when sales begin to decline, which unfortunately lasted for a long time. GM engineers and makers are now set to look for ways to reduce the price of the car, in order to make it much more competitive.

GM announced that a new base model, the Camaro 1LS, will soon be released. The new base model will only cost $26,900, which is a $400 price difference from the previous base model. The 1LS is going to be similar to the 1LT Version.

Although the Camaro had been beaten in sales by the Ford Mustang sixth-generation last month, The Camaro had been leading in sales for over two years especially when the Mustang suffered a sharp decline in sales that forced Ford to stop production for a week. With the 1LS, Chevy is expecting sales to go up again.

The new 2017 Chevrolet Camaro 1LS is basically similar to the 1LT version, with the two variants' difference lying only in their transmission. The 1LS will exclusively have the six-speed manual transmission while the Hydra-Matic Automatic 8 relations will be the only option available for the 1LT, according to NSEA Voice.

Both versions will have no difference in looks, equipment, infotainment system, and Android Auto and Apple connectivity. The climate control, 18-inch wheels and a rear-parking camera will be available on both models. However, only the Camaro 1LT will be equipped with a remote start system.

Aside from the $400 price drop of the base model, the range-topping Camaro will have the biggest price drop of $2,900. With similar specifications to the 1LT , the 2017 Chevrolet Camaro should be able to stand on equal footing with the Ford Mustang. With the Chevy Camaro much more affordable, Ford's iconic Mustang might be in trouble.