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GM is pushing back all 2021 model year refreshes back to the 2022MY, but this won't change the life cycles of most of their cars. If there was going to be one last version of the 6th gen Camaro, it would have started on-road testing very soon, but that would be delayed.
Also consider the effects that the 2018 restructuring and the 2019 strikes had on GM's plans. They may have cut funding for current-gen Camaro projects or ended them.
GM is shifting all of their vehicles onto just a handful of platforms by 2025, so the next Camaro's platform would already be under development. The current platform, the Alpha chassis, is shared with the now-dead Cadillac ATS and CTS, while their replacements, the CT4 and CT5, use the updated Alpha II platform. GM has missed the window to release a Camaro on the Alpha II platform, but running the current generation out until the 2024 or 2025 model year would be stupid. There's no way that the current Gen lives past the 2023 model year, so I expect there to be a couple of years without a Camaro before the next generation.
I know that this is a very sensitive topic around here, but this whole situation favors electric vehicle development, and that's where GM will continue to focus its money, even if they are losing profits. The Camaro is now a low-volume car with lots of incentives at dealerships, so it has low priority in the company's budget. If GM goes through another round of cost-cutting, it could be the nail in the coffin for gas-powered Camaros, but we aren't ready for that conversation yet.
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