Looks like the Chevy Corvette will be headed back to the UK starting in May 2011 according to several online sources. Chevrolet’s flagship sports car will be imported by Chevrolet UK and sold at select dealers alongside the Camaro.
I have been informed by several readers that the first L88 Corvette did sell at $1.25 million at the Mecum at Monterey auction. A review of the mecum.com results confirms this. I apologize for the error.
The first documented L88 Corvette sold at the Mecum at Monterey auction yesterday afternoon for $1,250,000. The mid year was the first documented 427/430 hp Corvette that was campaigned by Tony DeLorenzo in the SCCA A Production class. Years later the Corvette was restored and won awards from Bloomington Gold and the NCRS.
Noted Corvette collector and baseball legend Reggie Jackson will be offering four Corvettes at the Mecum at Monterey auction on August 13-14th at the Hyatt Regency Monterey Hotel and Spa. The four cars include two 1967 L68 427/400 Corvettes and two straight axle C1s. The Corvettes are part of Jackson’s 16-car sale at the Monterey auction.
I figured it would only be a matter of time before someone got hold of a GM executive for comment on the recent rumors of a mid-engine C7 Corvette equipped with a V6 and a wet dual-clutch transmission. Vice President of Global Vehicle Engineering Karl-Friedrich Stracke spoke with Automotive News and Autoweek on Tuesday and said the next-generation Corvette C7 will not be a mid-engine sports car and no V6 is planned or being tested.
Last week a Hemmings blog reader alerted the site when his father’s prized possessions, a sunfire yellow 1966 Corvette convertible and a 1969 Camaro SS Clone were stolen from a storage facility in Northwest Arkansas. The good news is both cars were recovered. The Corvette was found hidden in a remote location in the woods while the Camaro was located at a residence.
Terry Michaelis of ProTeam Corvette compiled a great listing of the ten most significant Corvettes that sold during the last decade. Terry would know, having personally bought and sold more Corvettes than just about anybody else during that time frame. Check out his list and then I’ll chime in with two sales that deserve recognition.
For many collectors, the L71 powered 1967 Corvette convertible is the must-have Corvette to own. With 435 horses under the hood, the 1967 Corvette is considered the pinnacle of classic Chevy performance. But the discriminating buyers at Monterey won’t accept just any 1967 Corvette so Russo and Steel is obliging by offering this 1967 Corvette Convertible “Survivor” at its 10th Anniversary Monterey auction at the Marriott Hotel in downtown Monterey. Like the old saying goes, “It’s only original once!”.
Autoweek, through its sister publication Automotive News, included some future product news for Chevrolet in yesterday’s News Brake which includes a couple nuggets on the C7 Corvette. The podcast tells us nothing new and I’m having flashbacks to Chief Engineer Tadge Juechter’s rant back in April when he called out the automotive magazines for making up stories which contain pure speculation and no facts to support the argument. Now that I’ve set the table, let’s see what Autoweek is serving.
According to the UK car site Autocar, the mid-engine Corvette project is back online. That is if you believe an unnamed source from Saab engineering. Talk of mid-engined Corvettes have been around since 1960′s CERV-I so its no surprise that the rumor is back now that General Motors has moved beyond last year’s financial difficulties. As easy as it would be to discount the story, and some blogs have, there may be some truth based on what we know from the GM-UAW Strike of 2007.