What platform is the Corvette built on?

GM Y platform
2019 Chevrolet Corvette Platform. Like all seventh-generation units of the Corvette, the 2019 Corvette rides on the GM Y platform.

Does Chevy lose money on the Corvette?

A source from GM has talked to Motor Trend about an interesting revelation; GM will continue to lose money on every all-new Chevrolet Corvette they sell under $80,000. The source also confirmed that the price of the 2020 Chevrolet Corvette would rise by 2021, with rumored additional increases in the following years.

Will the Corvette ever be front engine again?

“It had to be done,” says GM. After decades of being in existence, it took the most recent C8 version of the iconic Chevrolet Corvette for the original vision of a rear-engined layout to come to pass.

Why is the Corvette Stingray so cheap?

First off, because they’re not “muscle car companies”….. they’re just CAR companies, they build cars, and some of those cars MIGHT be muscle cars. Second, they are NOT built to go as fast as the V8 versions in the first place! They are built with the idea of making the car more affordable/appealing to more people.

Is the Corvette profitable?

The C8 Corvette has a 16.5\% margin of profit-more than twice other GM vehicles. According to Morgan Stanley, the Corvette was expected to bring in $3.3 billion in revenue before the pandemic shut down regular production. Like SUVs and even all-electric vehicles.

Is the new Corvette a supercar?

“The new Corvette Z06 defines the American supercar,” said General Motors President Mark Reuss. “It builds on the distinctive design and groundbreaking dynamics introduced with the mid-engine Corvette and elevates them to deliver refined but uncompromising track capability with world-class performance.”

Are Corvettes being discontinued?

The automaker is now facing a parts shortage for the 2021 Corvette that will require the brand to stop producing the mid-engine sports car this month. …

What is the cost of a 2021 Corvette?

The 2021 Chevrolet Corvette Stingray coupe in 1LT form has a Manufacturer’s Suggested Retail Price (MSRP) of $58,900. A $1,095 destination charge brings that to $59,995. The Corvette Stingray Convertible begins $7,500 higher than the coupe. Climbing trims and adding options can push the final tally past $80,000.

Is the 2020 Chevrolet Corvette’s 8th generation the most radical yet?

Today’s debut of the all-new, eighth-gen 2020 Chevrolet Corvette would appear to deliver the most radical DNA rewrite in the model’s history. The front-engine layout that the American sports car has relied on since its birth in 1953 has been dropped in favor of a mid-engine foundation.

Is the mid-engined C8 Corvette a supercar?

The mid-engined C8 Corvette has brought the American icon into supercar territory, but it also comes with a new set of problems. With Chevrolet ‘s 2020 launch of the C8 Corvette, the company has ensured its inclusion in the list of prestigious supercars that sport mid-engines.

Why is the corvette considered a rival to the ‘Vette?

They’re all models that a person might decide to cross-shop against the ‘Vette due to factors like price, performance, or simply due to a history of them being rivals. The Corvette’s 6.2-liter V8 is very competitive in the segment.

Why are corvettes so expensive to maintain?

Additionally, the oil filter is more expensive too, though this is probably because its designed for the Corvette, which basically means it’s going to cost more. Other maintenance items on Corvettes tend to be more expensive as well.