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Why was a brand new radical Corvette necessary



<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "As the famous & nbsp; cools off Capistrano aging Boomers returns in the basement of Chevrolet ( GM ) showrooms when a brand new Corvette comes out. And that moment has come. "Data-reactid =" 15 "> Like the famous swallows of Capistrano , Boomers go back into the basement of Chevrolet (GM) showrooms when a brand new Corvette comes out. And that moment has come.

Last week GM debuted the new Corvette – C8, as it is known – and it is something to create something special with a back mounted V8 engine (a first for Corvette), short athletic front, wide backs, and whatever finally looks like a nice interior. The new "Vette sees more supercar than muscle car."

TUSTIN, CA – JULY 18: Mark Reuss, president of the General Motors Company, presents 2020 mid-engine C8 Corvette Stingray during a press conference on July 18, 2019 in Tustin, California. (Photo by Kevork Djansezian / Getty Images)

<p class = "canvas atom atomic text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "But many of Corvette's faithful – men who push over 60, possibly pony-tailed and after-sought divorce (I am a child, I am a child) – are not happy with the massive changes in Corvette's printed and true formula – a large front cover with a large V-8 engine underneath, high front covers and a small rear end that connects the long compartment silhouette. And don't get them started on lack of manual gearbox in the new C8. "37"> But many of the Corvette faithful men who push over 60, possibly pony-tailed and after-second divorce (I am a child, I am a child) are not happy with the major changes in Corvette's tried and true formula – namely, one large front cover with a large V-8 motor underneath, long front fender and small rear end that connects the long compartment silhouette. And don't get them started on lack of manual gearbox in the new C8.

1980 Chevrolet Corvette stingray, 2000. (Photo by National Motor Museum / Heritage Images / Getty Images)

] <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" And there lies the problem with GM. Corvette buyers are not getting any younger. The median age of a Corvette convertible buyer is a staggering 67 years, according to the research firm Strategic Vision The same company finds the median age of the BMW 6 series is a relatively crazy 54, and the Nissan GT-R, a youthful 33. "data-response time =" 58 "> And there lies the problem against GM. Aging Corvette buyers are not getting any younger. The median age of a Corvette convertible buyer is a staggering 67 years, according to the research company Strategic Vision. The same company finds the median age of the BMW 6 series is a relatively crazy 54, and the Nissan GT-R, a youthful 33.

TUSTIN, CA – JULY 18: 2020 engine C8 Corvette Stingray by General Motors is unveiled at a press conference on July 18, 2019 in Tustin, California. (Photo by Kevork Djansezian / Getty Images)

<p class = "canvas atom atomic text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Meanwhile, as you may have guessed, the Corvette sales have gone, from 37,782 in 2017 to only 9,686 in 2018 – the lowest since 1959 when only 9,670 corvettes were built, according to data prepared by National Corvette Museum . "Data Reaction Time =" 79 "> At the same time, as you may have guessed, the Corvette sales have gone, from 37,782 in 2017 to only 9,686 in 2018 – the lowest since since 1959, when only 9,670 corvettes was built, according to data gathered by the National Corvette Museum.

Now, true sales figures may be deep as likely Corvette buyers expected to hear more about the much-rumored C8, and Chevy probably scaled back production pending launching the new "Vette". But the numbers do not lie, and the sales discount on the face is quite significant.

A New Beginning for Corvette

This is where GM decided to go out with the old and into the new "- For the car as well as its customers. The appearance, features and specifications make it clear The new Corvette is meant to resonate with younger, more enthusiastic sports car buyers who want the Corvette to be a track race, not a boulevard cruiser with massive straight-line speed, the all-new design being European sports car esque, with a supercar-fighting 495 – horsepower heart sitting on the back of the driver and a cockpit that finally screams quality

TUSTIN, CA – JULY 18: The C8 Corvette Stingray engine by 2020 by General Motors is unveiled at a press conference on July 18, 2019 in Tustin, California.

<p class = "canvas-textile-textile Mb (1.0em) Mb (0) –sm Mt (0.8em) – sm" type = "text" content = "" The potential for success For a brand new, mid-engine Corvette is high, provided the price / performance equation makes sense, "writes Karl Brauer, executive publisher of Kelley Blue Book ." Corvette has always offered incredible bang for your performance record and if Chevrolet Can produce a V8-powered, exotic-killed mid-engine sports car for less than $ 70,000, it should sell as well or better than today's Corvette. "Data Reaction =" 107 ">" The potential for success for a brand new mid-engine Corvette is high, provided the price / performance equation makes sense, "writes Karl Brauer, publisher of the Kelley Blue Book. "Corvette has always offered incredible bang for your performance record, and if Chevrolet can produce a V8-powered, exotic-slaying mid-engine sports car for less than $ 70,000, it should sell as well or better than the current Corvette." [19659027] TUSTIN, CA – JULY 18: People look closely at the disclosure of the 2020 engine C8 Corvette Stingray during a press conference on July 18, 2019 in Tustin, California. (Photo by Kevork Djansezian / Getty Images) "class =" JsEnabled_Op (0) JsEnabled_Bg (n) Trsdu (.42s) Bgr (nr) Bgz (cv) StretchedBox W (100%) H (100%) ie-7_H (a ) "itemprop =" url "style =" background-image: url (https://s.yimg.com/ny/api/res/1.2/To4P4EENdIgctEnsquxA6w–~A/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAw/https://media-mbst- pub-ue1.s3.amazonaws.com/creatr-images/2019-07/b9ff3d60-ac34-11e9-b7ff-f3e73c54fb6f); "src =" https://s.yimg.com/g/images/spaceball.gif "data-reactid =" 112 "/>

TUSTIN, CA – JULY 18: People look closely at the disclosure of the 2020 engine C8 Corvette Stingray during a press conference on July 18, 2019 in Tustin, California. (Photo by Kevork Djansezian / Getty Images)

<p class = "canvas-atom texttext Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = GM preside nt Mark Reuss says the new Corvette starting price will be under $ 60,000 . So basically you can buy this car or go to a Porsche ( PAH3.DE ) Boxster or Cayman & nbsp; with nowhere near that power. "data-reactid =" 128 "> Yes, you read the last part to the right – and the pricing will actually be better than that. GM President Mark Reuss says the new Corvette's starting price will be below $ 60,000, so you can actually buy this one The car, or go to a Porsche (PAH3.DE) Boxster or Cayman with nowhere near that power.

Will it drive and cut like a Porsche? We have to see, but the new GM mail competition has made some sporting vehicles, and there is no stretch to believe that GM engineers have found the right formula with the all-new C8.

Engine 2020 Corvette Stingray is seen on the Next Generation Corvette Reveal event in Irvine, California on July 18, 2019. (Photo by DAVID MCNEW / AFP) (Photo Credit should read DAVID MCNEW / AFP / Getty Images)

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<p class = "canvas-atomic text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = " tex t "content =" Pras Subramanian is a reporter for Yahoo Finance. You can follow him on Twitter here . "data-reactid =" 151 "> Pras Subramanian is a reporter for Yahoo Finance. You can follow him on Twitter here ]

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