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.
American companies are ramping up investment in Juarez, Mexico, after years of drug violence. More
Chinese iCloud users are facing a new wave of attacks -- not from cybercriminals, but from their own government. More
Foreign workers, lured by false promises of good jobs and benefits in America, soon find themselves enslaved in plain sight as victims of labor trafficking, a report from the Urban Institute finds. Here's how it can happen. More