- Third generation: Production 1982–1992
- Model years; 1982–1992
- Body style; 2-door coupé and convertible
- Assembly; Van Nuys, California and Norwood, Ohio
The third-generation Camaro was the first Camaros to offer modern fuel injection, Turbo-Hydramatic 700R4 four-speed automatic transmissions, five speed manual transmissions, 16 inch wheels, a standard 4-cylinder engine, and hatchback bodies. The cars were nearly 500 pounds (227 kg) lighter than the second generation model. The IROC-Z (the IROC stands for International Race of Champions) was introduced in 1985 and continued through 1990.
In 1987, the L98 5.7 L V8 engine became an option on the IROC-Z, paired with an automatic transmission. The “20th Anniversary Commemorative Edition” was offered in 1987, as well as a “25th Anniversary Heritage Package” in 1992 that included a 305 cu in (5.0 L) High Output engine. Beginning in 1988, the 1LE performance package was introduced, optional on street models and for showroom stock racing in the U.S. and Canada. The B4C or “police” package was made available beginning in 1991. This basically created a Z28 in more subtle RS styling.