1971 was the first full year of 2nd-Generation Camaro production, as a strike at the Norwood, Ohio GM assembly plant delayed the introduction of the new F-Body Camaro/Firebird generation. When the cars were finally launched in 1970, they were designated as 1970 ½ models due to the constraints of the shortened model year.

The second-generation Chevy Camaro continued to use the F-Body platform and unibody structure with a front subframe, leaf springs controlling the solid rear axle, and an A-arm front suspension. In comparison to the 1st Generation Camaro, the 2nd Gen was longer, wider, lower, and heavier with safety and emission components complying with new EPA regulations.

Since the 1970 Camaros received completely new styling, there were very few changes to the 1971 Chevy Camaro. Slight updates were made to the grille insert and several new options were added, included brown or blue vinyl top offerings. They were variations in the trim details depending on the options ordered. Power disc brakes were standard along with reflectors, side marker lights, washers and dual-speed wipers, defroster, bucket seats, rear bucket-style seat cushions, inside day and night mirror, and outside rearview mirror. A three-speed manual was standard, along with steel side guard rails, cigarette lighter, carpeting, and E78-14 tires. The standard power-plant was the 250 CID six-cylinder unit or the 307 CID V8.

Buyers who selected the Camaro SS received dual exhaust, power brakes, left-hand remote-control sport mirror, special ornamentation, and hood insulation. The SS models rode on F70-14 white lettered tires and 14x7 inch wheels. In the front was a black-finished grille and there were Hide-Away wipers. Under the hood was a 350 CID V8 rated at 270 horsepower.