General Motors declared on Thursday its newly engineered mid-engine 2020 Corvette in a gaudy tribute to its symbolic sports car, even as the No. 1 U.S. automaker faces mounting troubles in a slow and uncertain global sales atmosphere.
In a glitzy presentation in Orange County outside Los Angeles, the eighth era of the 66-year-old “Vette,” in crimson, white, and blue, roared down a runway stopping brief before an audience of Corvette fans, GM executives, dealers, and media.
Revved as much as take on high-efficiency European competitors, the brand new Corvette, dubbed the C8, provides a breath of fresh air to GM, which including different car manufacturers faces slowing sales and new monetary pressures related to global commerce, electrification, and unresolved eruption standards.
With a 495 horsepower, V8 engine and dual-clutch, the Corvette will go from zero to 60 mph in under 3 seconds, executives stated, adding that the beginning price in the US shall be less than $60,000.
The sports car offers the Detroit automaker a sorely needed shot in the arm after a tough year, Edmunds analyst Jessica Caldwell stated.
The Chevy Silverado full-size pickup truck, a perennial best-vendor, ranks among GM’s successful autos.
Since 2013, GM has sold more than 100,000 C7-model Corvettes in the USA, according to Edmunds. The automotive ceased manufacturing this summer.
Bidding adieu to the front-engine configuration that has characterized the two-seater since its launch in 1953, GM has opted for a mid-engine architecture for better dealing with and weight distribution, the choice of many European sports car brands.