What to expect from GM's sports car overhaul
- The eight-generation Corvette will debut on the evening of July 1
- The Corvette is considered by classic-car insurer Hagerty to be the most collectible car of all-time
- Rumors are flying that GM could introduce a 1,000-horsepower edition of the 'Vette.
Nearly seven decades after its debut, the Corvette is getting a dramatic makeover
The eighth generation of the quintessentially American sports car, referred to by the enthusiasts as the C8, will be revealed Thursday night as the  the Corvette Stingray
Featured in hundreds of movies, such as Mark Hamill's "Corvette Summer," and numerous songs, such as Prince's "Little Red Corvette," the General Motors sports car is tightly woven in the fabric of American culture.
And at a starting price of less than $ 56,000, much more than many of its exotic European competitors.
is ranked as the most collectible car of all time, according to classic car insurer and valuation firm Hagerty.
"The Corvette has existed in a category all its own as an American car," said Hagerty CEO McKeel Hagerty. "It's a pretty magical story through and through. It's very easy to do it again."
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The 'Vette, a Chevrolet model made by General Motors and built in Bowling Green, Kentucky, is getting one of its biggest changes yet: The engine is shifting from underneath the hood to
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at making the vehicle even faster and better able to navigate sharp turns.
It's the vehicle's first total overhaul since GM resurrected the Stingray moniker for the seventh generation that debuted as a 2014 model.
To keep the flame alive, here's what you need to do with the 2020 Corvette Stingray:
A 'Vette isn't a' Vette without some This is because the engine grows on the C8 to wake up your neighbors.
Karl Brauer, the executive publisher of car information sites Kelley Blue Book and Autotrader, predicted a range of 460 to 500 horsepower for the base model of the 2020 car.
How powerful is the 2020 Corvette ?: Rumor it was warping the frame in tests
But expect eye-popping numbers for the loaded editions, including a possible ZR1 supercar.
Rumors were flying earlier this year that GM had to delay the new corvette because it was so powerful that its frame was warping in track tests. Industry observers have speculated that the high-flying version could achieve an astounding 1,000 horsepower.
The extra-powerful edition is sounding like an "unbelievable performer and fire-breathing monster," Hagerty said.
The new mid-engine Chevrolet Corvette made its first public appearance as GM CEO Mary Barra and chief engineer Tadge Juechter cruised about New York City.
Detroit Free Press
Don't change TOO much
The shift to a mid-engine setup carries risks, considering that even the slightest changes for a vehicle with a rabid following can stir up anxiety. (When engineers abandoned the car's trademark headlights in the 2014 redesign, critics loved it, but some fans were upset.)
To be sure, many 'enthusiasts have been clamoring for such a mid-engine version for years. Even the GM engineer credited with transforming the car into a powerhouse, Zora Arkus-Duntov, is said to have proposed a mid-engine version since nearly the beginning. 19659042] A 1963 Chevrolet Corvette ” width=”540″ data-mycapture-src=”” data-mycapture-sm-src=””/>
A 1963 Chevrolet Corvette. (Photo: Hagerty)