This SlideShowPro photo gallery requires the Flash Player plugin and a web browser with JavaScript enabled.

News

GM Offering 0% Financing on 2008 Corvettes

by Keith Cornett on August 1, 2008

The 2008 Corvette Z06

We knew it was coming and GM didn’t let us down. As soon as the 2009 Corvettes started hitting dealer showrooms, GM has announced a 0% financing offer on all new 2008 Corvette models including the Z06. This is a great opportunity for buyers to save thousands of dollars on interest payments as well as help dealers clear excess inventory to make way for the 2009 models.

The 0% financing offer goes into effect this weekend with terms up to 48 months for coupes and Z06 and 60 months for convertibles. A quick check of Jeff Hardy’s website shows the remaining 2008 Corvettes broken down as of yesterday to be:

  • 3,947 Coupes
  • 1,841 Convertibles
  • 1,704 Z06s.

If you’ve been waiting for a traditional model year end rebate, you’re in luck. Those that jump the quickest will have the greatest selection of 2008 Corvettes to choose from and the special offer expires on 8/19/08. Visit our friends at Kerbeck Corvette and Dave and gang will get you into the Corvette of your dreams.


Source:
GM.com
JeffHardy.com

Related:
June 2008 Corvette Sales

Technorati Tags:
| | | | | |

GM Cutbacks Extend to Corvette Program

by Keith Cornett on July 28, 2008

Gary ClaudioLast week GM CEO Rick Wagoneer announced an ambitious plan to cut costs across the board and we are now hearing the cuts will impact two members of the Corvette team. Gary Claudio, Corvette’s current marketing manager and dealer liaison is being moved to a position at Chevrolet Racing. The marketing manager duties will be shifted to Corvette Product Manager Harlan Charles.

Thanks Gary for your service to Corvette and good luck with your future endeavors.

We’ll continue to watch the goings-on at GM and will bring you news as it impacts Corvette.


Related:
Video: Chevrolet’s Harlan Charles Shows Off the Corvette ZR1 Technorati Tags:
| | |

2008 Allstate 400 Corvette Z06 Pace Car

The 15th running of the Allstate 400 at the Brickyard is Sunday and the Corvette Z06 was selected for the 4th consecutive year. This year’s Allstate 400 Pace Car Corvette features a design that can only be described as an ear of corn: the yellow hood and the green stalks grace the sides against a Lemans Blue base. Surprisingly, there is no mention if the Jolly Green Giant of Pace Cars runs on E85. We’re not counting on it, because if it did GM would have put a big fat ethanol sticker on it. Or perhaps GM is counting on subliminal advertising. Maybe this is just a “tribute” to e85 cars everywhere!

2008 Allstate 400 Corvette Z06 Pace Car 2008 Allstate 400 Corvette Z06 Pace Car 2008 Allstate 400 Corvette Z06 Pace Car
 
2008 Allstate 400 Corvette Z06 Pace Car 2008 Allstate 400 Corvette Z06 Pace Car  
Credits: IMS Photos by Ron McQueeney

Whenever the Corvette paces a NASCAR race we just have to mention how the Z06 is well equipped with its 7.0 liter 505 horsepower V8 to lead the pack flying bricks stock cars. The only modifications needed to pace the Brickyard are “corny” exterior graphics and the safety lights.

Former Chevrolet General Manager John Middlebrook will be driving the Corvette Z06 Pace Car. Middlebrook recently retired after nearly 5 decades at GM, serving various positions including Chevrolet General Manager and GM VP global sales, service and marketing operations.

“It is great honor for me to have the opportunity to drive the Corvette Z06 Pace Car at the Indianapolis Motor Speedway,” Middlebrook said. “There is a tremendous Chevrolet heritage at the Speedway dating back to the involvement of Louis Chevrolet in the Indianapolis 500 in the early-1900s. To play a small role in continuing that tradition behind the wheel of the 505-horsepower Corvette Pace Car for NASCAR’s 15th Allstate 400 at the Brickyard is a memory I will embrace.”

The 15th running of the Allstate 400 at the Brickyard is scheduled to start at 2 pm EST on Sunday, July 27. Live coverage will be provided on ESPN and the IMS Radio Network.


Source:
Indianapolis Motor Speedway Related:
2007 Allstate 400 Corvette Z06 Pace Car
Two Unique Corvettes to Pace the 2008 Indianapolis 500 Technorati Tags:
| | | |

The first 2009 Corvette ZR1 rolls off the assembly line

Chevrolet Dealer and Corvette Collector Dave Ressler was in Bowling Green yesterday to accept delivery of the first retail 2009 Corvette ZR1. Ressler is well known for buying the 6.2 liter supercharged Corvette at January’s Barrett-Jackson Collector Car Auction for $1 million. The special one of a kind Corvette features a unique VIN and will be the only one painted LeMans Blue.

Ressler was in the driver’s seat as the Corvette rolled off the assembly line. Next to him was his 10 month old grand daughter named Ayden Lynn who honked the horn a couple times during the event. The Corvette had a personalized license plate that read “Ayden Lynn” and Ressler referred to the ZR1 several times as his “granddaughter’s car”.

Back in January during the Barrett-Jackson auction, it was very much apparent that Ressler intended to be the high bidder of the Corvette ZR1, raising the bids in $100,000 increments and then sealing the deal at $900,000 by raising his own bid an additional $100,000 to make the gavel fall at $1 Million dollars.

The amount of money over the MSRP, estimated to be at $103,300 – $117,000 depending on options, will go to the United Way of Southeast Michigan.

After the Corvette was performance tested, it was parked outside the Bowling Green Assembly Plant next to Ressler’s other well-known Corvette, the #003 1953 Corvette which, coincidentally, he paid $1 Million for at the Barrett-Jackson Scottsdale auction back in 2006. “I’m proud to have the oldest Corvette along with the newest, best ‘Vette yet,” said Ressler.

Ressler plans to have the Corvette ZR1 trailered back to his home in Bozeman, Montana and put in his museum, where he already has 45 other Corvettes.

Sources:
WBKO.com

Related:
[VIDEO] Barrett-Jackson 08: 1st 2009 Corvette ZR1 Sold for $1 Million
#003 1953 Corvette Sells for 1 Million Dollars

Technorati Tags:
| | | | | |

Is Chevy Preparing to Sell Corvettes in China?

by Keith Cornett on July 21, 2008

Corvettes for sale in China?

This black C6 Corvette was recently spotted outside China’s National Department for Automotive Quality, the agency that reviews automobiles and decides whether or not they will be allow for sale in the People’s Republic. With China’s booming economy and burgeoning middle class, not to mention the fact that China will at some point become the world’s single largest market for automobiles, establishing a foothold for America’s iconic sports car only makes good business sense for GM.

One of the hurdles that Corvette will have to overcome is that Chevrolet is knows as a bargain brand in China much like Daewoo is in the US. GM sells the Corvette as a standalone brand or paired with Cadillac and Hummer in much of the world so this shouldn’t be much of an issue.

I’m not too up on my Chinese automotive trivia, but are their roads (and cars) right hand drive or left? If you know, please leave a comment.


Source:
ChinaCarTimes.com via Jalopnik

Related:
Japan’s Special Edition Corvette: The Corvette S-Limited Technorati Tags:
| | | |

Transformer’s Corvette Concept Revealed

by Keith Cornett on July 17, 2008

Transformers 2 Corvette Concept

I was skeptical at first about the photos that surfaced last month from the filming of the Transformers 2 movie showing what was reported as a Corvette concept. But some intrepid photographer was to get to the automotive staging area on the set of the sequel currently being filmed on Edwards Air Force Base and snapped a few photos including this one showing not just one Corvette Concept, but two.

Transformers 2 Corvette Concept Transformers 2 Corvette Concept Transformers 2 Corvette Concept

The lines on this Concept do scream Corvette with what appears to be a highly evolved coke-bottle design and a split rear window. The chopped top and wrap around windshield (first appearing on the ’53 Corvette) are so cool and the massive tires look to be able to supply plenty of traction. Could this be a preview of the C7? Let’s hope!

As GM is supplying many of the vehicles for the movie including the Chevrolet Beat, Trax and the now familiar next-generation Camaro, we wonder if this is an actual C7 style exercise, a tuner rebody or the product of a famous movie car customizing shop. GM has supplied two concepts to Michael Bay previously, the Camaro for the first Transformers movie and a Cadillac Cien for the cinematic thriller The Island, (LOL, cinematic thriller…) so we’re not off base for making the suggestion.

The sequel, officially titled as Transformers: Revenge of the Fallen is sure to be hit when it makes it to the big screen next year. Total gross of the first Transformers movie was $319 Million in the US and $708 Million worldwide. GM’s product placement of concepts into movies allows the automaker feedback about their designs as well as gives the base a chance to warm up to any redesign of the iconic American sports car.


Source:
Jalopnik

Related:
[VIDEO] Sixties Corvette To Make Warp Speed in Next Star Trek Movie?
Lighter, Greener Corvette on the Horizon

 

Japan's Special Edition Corvette: The Corvette S-Limited

GM announced yesterday the production of a limited edition Corvette specifically for the Japanese market. The Corvette S-Limited is essentially an exclusive trim package on a standard C6 Corvette and will have a limited production run of just 30 units and will be evenly split with 15 Black and 15 in Artic White.

The Corvette S will feature a leather wrapped interior, rear spoiler, a grille insert between the car’s dual exhaust and a unique front grille treatment. The Arctic White livery with receive the Linen interior accents, while the Black Corvette S-Limited will feature the Sienna interior accents. The Corvette S will be powered by the LS3 6.2L 430 hp V8 engine.

Japan's Special Edition Corvette: The Corvette S-Limited Japan's Special Edition Corvette: The Corvette S-Limited Japan's Special Edition Corvette: The Corvette S-Limited
Japan's Special Edition Corvette: The Corvette S-Limited Japan's Special Edition Corvette: The Corvette S-Limited Japan's Special Edition Corvette: The Corvette S-Limited
Japan's Special Edition Corvette: The Corvette S-Limited Japan's Special Edition Corvette: The Corvette S-Limited  

In the land of the rising sun, Corvettes are a fairly rare commodity yet demand for America’s Sports Car seems strong based on past year’s allocations. In 2006, 400 Corvettes were allocated to the Japanese market and they were all sold in one month.

This is the second limited edition Corvette being made available this year for a foreign market. In April, the Corvette Competition went on sale in Europe. That Corvette was more than just a trim package with features that included the Z51 Performance Package, Active Handling and a six-speed gear box.

The Corvette S-Limited goes on sale tomorrow (July 4th) for the cost of ¥7,980,000 or $75,329 USD.


Source:
Corvette (Japan) via Left Lane News

Related:
The Competition: A Unique Special Edition 2008 Corvette for Europe
Europe to get LeMans Victory Edition Corvette Technorati Tags:
| | | | | | |

June 2008 Corvette Sales

by Keith Cornett on July 2, 2008

What a difference a month makes. Last month I was happily reporting that despite the economy, GM delivered nearly 3,000 new Corvettes in May. Yesterday’s release of June’s sales report is a very different story for Corvette as sales were down sharply with only 2,082 Corvettes delivered. That’s a drop of -28.4% month to month and the decline is even greater (-31.8%) when comparing June 2008 to June 2007.

June has traditionally been a good month for Corvette sales and now all those extra Corvettes are showing up on Chevrolet dealer lots. Last month’s Corvette Stock Report showed 7,697 2008 models on the ground and as of yesterday there are now 8,760 Corvettes available at dealer’s nationwide.

This is not the best news for Chevrolet dealers as production for the 2009 Corvette models are underway and Corvettes have begun shipping from the Bowling Green Assembly Plant. However, this could be very good new for consumers. GM traditionally offers several incentives and discounts on last year’s models which is usually the only time these lot-clearing offers are made available on the Corvette. And unlike last year which saw the 2008 refreshed with the LS3 engine and a variety of interior updates, the differences between the “old” 2008 and “new” 2009 are very minor.

2008 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2008 2007 % Change Months 2008 2007 % Change
January 2,015 2,234 -9.8% Jan-Jan 2,015 2,234 -9.8%
February 2,071 2,784 -25.6% Jan-Feb 4,086 5,018 -18.6%
March 2,692 3,158 -14.8% Jan-Mar 6,788 8,176 -17.1%
April 3,190 3,227 -1.1% Jan-Apr 9,968 11,403 -12.6%
May 2,904 3,300 -12.0% Jan-May 12,872 14,703 -12.5%
June 2,082 3,055 -31.8% Jan-Jun 14,954 17,758 -15.8%


2007 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2007 2006 % Change Months 2007 2006 % Change
January 2,234 2,579 -16.8% Jan-Jan 2,234 2,579 -16.8%
February 2,784 3,058 -9.0% Jan-Feb 5,018 5,637 -11.0%
March 3,158 3,655 -16.7% Jan-Mar 8,176 9,292 -12.0%
April 3,227 3,516 -0.6% Jan-Apr 11,403 12,808 -11.0%
May 3,300 3,317 -4.3% Jan-May 14,703 16,125 -8.8%
June 3,055 2,938 0.1% Jan-Jun 17,758 19,063 -6.8%
July 2,377 2,794 -11.4% Jan-Jul 20,135 21,857 -7.9%
August 2,877 2,990 -3.8% Jan-Aug 23,012 24,842 -7.4%
September 2,837 3,056 -3.5% Jan-Sept 25,849 27,903 -7.4%
October 2,484 2,761 -13.5% Jan-Oct 28,333 30,664 -7.6%
November 2,438 2,773 -12.1% Jan-Nov 30,771 33,437 -8.0%
December 2,914 3,081 -5.4% Jan-Dec 33,685 36,518 -7.8%


Corvette Stock Report:

A check of Jeff Hardy’s website shows a total of 8,760 2008 Corvettes on the ground as of yesterday. This is a 12% increase over last month’s check which showed 7,697 2008 Corvettes available nationwide.

  • 4,758 Corvette Coupes
  • 2,036 Corvette Convertibles
  • 1,966 Corvette Z06

According to the site, there are 406 2007 Corvettes still available at dealers across the nation.


Source:
GM.com
JeffHardy.com

Related:
May 2008 Corvette Sales

Technorati Tags:
| | | | |

2009 Corvette ZR1 on the Nürburgring

Corvette’s Chief Engineer Tadge Juechter has finally made public the much anticipated Nürburgring lap time by the 2009 Corvette ZR1. On the morning of Friday, June 27th, GM Development Engineer Jim Mero drove the 2009 Corvette ZR1 around the Nürburgring in a time of 7:26.4. The entire post from Tadge is after the jump.

I know many people have been very interested in how fast the ZR1 would be at the Ring…

Most car enthusiasts are quite familiar with the Nürburgring. Built in the 1920’s near Cologne, Germany, “the Ring” is considered to be the toughest and most challenging race track in the world.

Over the last two weeks, we have been doing our final tuning and testing there before we start ZR1 production cars. This morning (Friday June 27), General Motors development engineer Jim Mero drove the Corvette ZR1 around the Nürburgring in a time of 7:26.4.

Jim commented after the lap that conditions were good except for a strong headwind down the main straight and that the lap was solid, but he felt there were a few places he could have gone faster.

The car was bone stock with the exception of the communications and safety equipment. The tires were production Michelin Pilot Sport 2’s. These tires have been developed specifically for the ZR1 and will have impressive wet traction and wear (tread wear rating = 220), in addition to excellent dry road holding. Chassis alignment and vehicle height were set to factory specs. Likewise, the engine calibrations were absolutely stock, emissions compliant and the car ran on pump (not racing) fuel. The vehicle was exactly like the cars that will be built in Bowling Green, Kentucky and sold around the world later this summer.

Despite posting one of the fastest times ever run by a production car, Nürburgring lap times were not an over-riding priority in the development of the ZR1. The truth is, if the only priority was speed at the ring, the car would not be very pleasant to drive on American roads. The ZR1 is an incredibly capable track machine, but unlike most ultra-high performance cars, it is very easy to live with on a daily basis.

The timed lap was run with a rolling start, a departure from our previous practice of standing starts. This is more aligned with current industry practice. The lap was electronically timed and confirmed with two hand-held stopwatches. An in-car video will be posted when the engineering team returns from Germany. Look for it the week of July 7!

The time falls in the range where most observers thought it would, and we are left to wonder what the outcome would have been if the Corvette ZR1 had been driven by Corvette Racing’s Jan Magnussen, who lapped the ‘ring in the Corvette Z06 with a time of 7:42.9. The ZR1′s 7:26.4 is faster than the Nissan GT-R’s time of 7:29.03 but 1.4 seconds behind the unofficial 7:25 run by the GT-R V-Spec.

As Tadge mentioned, a video of the run is forthcoming. In the meantime, this video was just posted by the guys at BridgetoGantry.com. Because Tadge doesn’t mention whether or not the ZR1 had the track to themselves, and the video shows another car on the track, we’re unsure if this clip is actually from this morning’s 7:26.4 run.

A complete list of Nürburgring lap times can be found at wikipedia.


Source:
GMnext.com
BridgetoGantry.com

Related:
Spied: 2009 Corvette ZR1 Running the ‘Ring
Tadge Calls Out Nissan’s GT-R: Corvette ZR1 Will Beat ‘Ring Time

Technorati Tags:
| | | | | |

Inside the Corvette Paint Lab

GMnext is doing a fantastic job at cranking out behind the scenes videos like the Corvette ZR1 Build we presented earlier this week. With this next video they’ve taken a video crew where few have gone before – inside the paint lab at the Corvette Assembly Plant in Bowling Green, Kentucky.


Source:
GMnext.com via CorvetteConti.com

Related:
[VIDEO] Corvette ZR1: Factory Assembly Process

Technorati Tags:
| | | | | | |