In order to fight the fairly fuel-efficient V-6 Mustang--and perhaps as a way to offset any fuel-economy penalties from an upcoming Z28 model--it looks like Chevy might be readying a 2LS V-6 Camaro.

According to GM Inside News, this car is already on the way and will be priced at $24,700. It will come equipped with a 2.92 rear-axle ratio, 18-inch steel wheels, a rear spoiler, and a six-speed automatic transmission. The 1LS will then be available with only one transmission: A six-speed manual.

The goal here is 30 mpg on the highway, which looks better than the current V-6's 29 mpg rating. The forum post from which this news sprang indicates that the car would go on sale February 24th, meaning it could bow at the Chicago Auto Show this week.

[GM Inside News, Motor Authority]