Surprise! 2021 Chevrolet Corvette Stingray Won’t Get Price Hike

In large information for Corvette followers: There is not going to be a worth improve for the 2021 Chevrolet Corvette Stringray. It’s a silver lining within the manufacturing storm that battered the launch of the C8 that was reimagined as a mid-engine sports activities automotive after 50 years of longing by Vette fans.

Meaning the bottom worth for the 2021 Stingray coupe, which was the 2020 MotorTrend Car of the Year, stays at $59,995 whereas the convertible stays pat at $67,495. Different excellent news: You don’t must get the Z51 efficiency package deal to get pleasure from GM’s wonderful Magnetic Trip Management. It is going to be a standalone possibility, even on the bottom mannequin, says Tadge Juechter, government chief engineer for the Corvette.

Prospects will be capable of order the 2021 C8s in late July. “We initially mentioned we might begin taking 2021 Corvette orders on the finish of this month however, once more, as a result of plant being down for 2 months, we’re adjusting that timing to late July,” Juechter mentioned. 2020 mannequin manufacturing will even be prolonged by way of a lot of the 12 months o attempt to fill as many present orders as doable.

A Welcome Extension of a Surprisingly Low Beginning Value

GM shocked the trade when it introduced its long-awaited mid-engine automotive would begin below $60,000, in line with the Chevrolet mandate to develop a sports activities automotive anybody might afford. That led to experiences that the value must be hiked for the second mannequin 12 months.

MotorTrend talked to sources who mentioned the impressive base price was only good for the first year, and that the true value of the technically refined automotive was about $20,000 greater and must be recouped sooner or later. GM was shedding cash on low-trim vehicles and hoping to make it up on greater trims and choices. However the occasions of 2020 have put the value hike on maintain. Traditionally we hike the value within the second 12 months, when the automotive continues to be scorching, however we’re not going to try this, Juechter mentioned.

Whereas the 2020 has solely been on sale just a few months, it’s main its albeit-small phase. Of the 20,181 whole orders for the 2020 mannequin, 83 % of demand is for the coupe; 17 % for the convertible, mentioned Corvette Product Supervisor Harlan Charles. Breaking down coupe orders, the 3LT is hottest with 44 % of orders, adopted by the 2LT at 40 % and 1LT at 16 %. Torch Purple is the preferred shade, adopted by Arctic White, Black, and Sebring Orange. For interiors, jet black is essentially the most requested, adopted by black and crimson two-tone.



Corvette Manufacturing Hit With a Double Whammy

“We’ve been challenged throughout the launch with two circumstances that had been past our management: the weeks lengthy work stoppage final fall and now the COVID-19 pandemic,” mentioned Juechter.

Right here’s what occurred: GM was constructing out the previous-gen C7 final fall when failure to achieve a brand new labor settlement with the United Auto Employees resulted in a strike that halted meeting for six weeks. When staff returned to work in late October, they needed to end ultimate orders for the outgoing front-engine Vette. Then the Bowling Inexperienced plant needed to be idled for a pair weeks to retool to make the dramatically completely different eighth-generation automotive. As an alternative of beginning manufacturing in December 2019—by which period the car had already sold out—the primary 2020 Stringray coupe rolled off the road Feb. 3. Convertibles had been to be added to the combo in April.

Then got here the worldwide pandemic, and by March GM had shut down manufacturing all over the world. Crops in North America had been closed March 20 as a part of the hassle to gradual the unfold of COVID-19. Many would-be Corvette house owners had been again to ready.

Corvette manufacturing resumed in Kentucky on Might 26 on a single shift and is slowly ramping up. When it’s secure to take action, the second shift will resume, as properly. “We’re performing like this can be a new begin, like we’re launching the automotive yet again,” Juechter mentioned.

2020 Manufacturing Prolonged Whereas 2021 Orders Delayed

All this made it unattainable to construct a full provide of 2020 fashions. GM will prolong manufacturing of the 2020 Stingray by way of the autumn and add convertibles to the road this summer season. “This can assist us to verify we’re constructing most—however not all—of the 2020 Corvette orders we’ve got acquired,” mentioned Juechter.

By holding the value for many who shall be supplied a 2021 mannequin as a substitute, GM is basically offering a two-year launch interval and guaranteeing potential consumers don’t go away empty-handed.

Prospects shall be up to date on the standing of their particular person orders within the subsequent couple weeks. There’s a Corvette concierge they’ll name for updates, as properly. Chevy will attain out to these whose orders gained’t be crammed when there’s a higher thought of what number of will get constructed earlier than the changeover to the brand new mannequin 12 months.

Convertible Joins the Line This Summer season

The convertible shall be added to the road this summer season, though the precise date is just not finalized as a result of the plant simply got here again on-line and is feeling its manner by way of a relaunch below new security protocols. Juechter wouldn’t say what number of extra 2020 Corvettes shall be constructed, or the break up between coupes and convertibles.

New Options for the 2021 Corvette

For 2021, there are two new colours: Purple Mist Tint Coat Metallic and Silver Flare Metallic, changing Lengthy Seaside Purple Metallic Tintcoat and Blade Silver Metallic. Juechter likes the brand new crimson a lot, he has ordered a 2021 in it. He says it appears to be like like it’s glowing from the within and is likely one of the most enjoyable new shades Corvette has ever launched.

There are about 21 different updates for the brand new mannequin 12 months, however Juechter is just not spilling all of the beans but. Full pricing together with choices, and additional replace particulars shall be revealed nearer to ordering in July.

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