Engined C8 Corvette Will Debut July 18

Technical details were not announced, but the teaser website for the new vehicle says that "The Next Generation Corvette is the most anticipated Corvette ever". July 18 will be the date to see exactly how the 2020 C8 Chevrolet Corvette will turn out announced this on Instagram week. Since then, the C8 has been one of the worst-kept secrets in the industry, with numerous spy shots, leaks, and almost-official information coming across our desks. GM CEO Mary Barra is making the announcement at the Siller Foundation charity gala in NY. Chevrolet announced it would auction the final production front-engined Corvette, a black 2019 Z06, at the Barrett-Jackson Northeast sale in CT on June 28. But what we really want to know is if that second sports auto will be the Corvette. The head of General Motors arrived a camouflaged C8 Corvette, driven by no other than chief engineer - Tadge Juechter. GM has been a supporter of the Foundation for the past few years; the first production 2019 ZR1 was auctioned off to benefit it and sold for $925,000. Initially, the C8 will use an upgraded version of the current car's pushrod 6.2-liter V-8, which we suspect will be upgraded to produce somewhere around 500 horsepower.

The publication claims the powertrain will bump its power output to around 500hp (373kW), with the engine code to be renamed to "LT2" to signify its new location within the vehicle. Expect the new Corvette to cost around $62,000 to start, an increase of around $5000 compared to the C7 Stingray's starting price of $56,995.

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There's also a possibility of a dual clutch automatic transmission, with a possible manual version in the works.

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