There is one fact that has been made very clear by GM. If they do bring back the Trans Am and Firebird, they will not be bringing back the Pontiac line. All production would under the authority of GM and the Pontiac name would not even be used for the very well loved sports cars. One last thing that is pretty well known about the situation is that they would probably be produced along side if not in the same factories as the Camaros, and would be sold at Chevrolet dealerships where Camaros are sold.
Build Your Own Trans Am/FirebirdIf you are someone who does not want to wait for GM's decision and you must have one, there is an alternative. Companies like Trans AM Depot and a few others that can be easily found on the Internet, build awesome looking prototypes of Trans Ams, Firebirds, Hurst and Firehawks that can be customize personally and purchased by private owners.
The process is really cool, brand new Camaros are purchased than ground effects, bumpers, spoilers interior and what ever else need be are torn down to be replaced with prototype parts for the unique styling that replicas what a new Trans Am would probably look like if GM was to start making them again. The nice thing about these projects are that their made from new Camaros, that should be enough to ensure that the cars that you will be purchasing are a great American Motor product.