NEW YORK (CNNMoney) -- When General Motors unveils the Chevrolet Camaro for Chinese customers at the Shanghai Auto Show next month it will have a new Chinese name: Ke Mei Luo.
The Ke Mei Luo will be billed as a "luxury" car commanding a price far higher than Americans typically pay.
A V6-powered Ke Mei Luo will cost about 500,000 Chinese Yuan, or roughly $76,000. Prices for a V6-powered Camaro in the U.S. typically start at about $22,000.
There has been no word, yet, on how much a V8 Powered Ke Mei Luo will cost.
The luxury performance market segment has been flourishing in China, according to GM, growing 141% in 2010.
Just as the word Camaro has no meaning in English, Ke Mei Luo means nothing in particular in Chinese, according to a GM spokesman. The automaker simply wanted to use Chinese characters that would sound like Camaro when spoken.
A court-appointed administrator announced the distribution Friday of $76 million to roughly 27,500 U.S. customers of now-defunct Full Tilt Poker. More
In villages across Asia and Africa, nearly 1.5 billion people live in "off the grid" villages with an acute electricity shortage. Often their only source of light is kerosene lamps, which expose families to toxic fumes and risk of home fires. More
As free checking disappears from the nation's biggest banks, the accounts remain alive and well at credit unions. More