The Third-Generation Camaro was released for sale in January 1982. The 1982 model introduced the first Camaros with factory fuel injection, a hatchback body style, and a four-cylinder engine. The Camaro Z28 was Motor Trend magazine's Car of the Year for 1982. Three models were available: Sport Coupe, Berlinetta, and Z28. Third generation Camaros also had a suspension system that was much more capable in corners than the previous generation.
The Sport Coupe came standard with the 2.5 L 151 cid LQ9 four-cylinder engine. The 2.8 L 173 LC1 V6 and 5.0 L 305 LG4 V8 were optional. Dog dish-style hubcaps were standard; full wheel covers were optional as were steel, five-spoke 14x7-inch body-colored rally wheels.
The Berlinetta came with the standard 2.8 LC1 V6 or the optional 5.0 LG4 V8. The Berlinetta came standard with its own unique 14x7-inch finned aluminum wheel with gold accenting and 'Berlinetta' center cap. Its own lower body pin striping, gold 'Berlinetta' badging, and headlamp pockets were painted in an accent color. The taillights got a gold and black horizontal divider bar. The interior came standard with custom cloth interior, a rear storage well cover and additional carpeting on rear wheelhouses. It also came standard with additional body insulation and full instrumentation.