According to a new report from GM Authority, any hopes of a seventh-generation Camaro have been put to rest by GM - for now! Chevrolet, or Chevy as it's often called, is a household name and a major division of General Motors.

Chevrolet’s pony car has taken a sabbatical before, most notably between the fourth generation’s departure in 2002 and the introduction of the fifth-gen car in 2010. According to the GM Authority report, this not-so-green light for the Camaro stems from its potential profitability—or lack thereof.

Many expected General Motors to push forward a next-generation Chevrolet Camaro after discontinuing the long-running sixth-gen cars, but a new report throws serious doubt into the rumor mill. GM Authority recently reported that the seventh-generation car was dead,