A camshaft assembly includes a cam carrier and a camshaft that is rotatable relative to the cam carrier in a first configuration and fixed against rotation in a second configuration. The assembly further includes a cam target wheel that includes notches, a first and second half-wheel, and a groove. The assembly additionally includes a camshaft position sensor holder that includes a camshaft sensor bore that provides access to the groove. Also, the assembly includes a camshaft position sensor received in the camshaft sensor bore in the first configuration. Moreover, the assembly includes a locking mechanism received in the camshaft sensor bore in the second configuration. The locking mechanism includes an engagement member configured to selectively engage the groove for locking the camshaft into position relative to the cam carrier.