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GM Bankruptcy: Corvette Plant Safe (for now)

by Keith Cornett on June 1, 2009

Corvette's on the assembly line in Bowling Green

As expected, General Motors filed for Chapter 11 bankruptcy protection this morning in New York. The 100 year old company lists $82 billion in assets and $172 billion in debts. On the positive side, the Corvette plant in Bowling Green was not on the list of the 14 plants that General Motors will close as part of the bankruptcy reorganization.

Tim Lee, Vice President of Manufacturing for GM North America says the company has “100% confidence” in the Corvette and is pleased with the Bowling Green Assembly Plant where the Corvette is made. Speaking in a conference call with media, Lee said the company plans to build the car based on customer demand while noting that demand isn’t great “right now”.

Lee called the Corvette “very, very profitable” and said the Bowling Green plan should continue to annually produce between 35,000 and 50,000 cars.

That figure does seems like a distant memory: 35,310 Corvettes were produced in 2008 but the 2009 production total is expected to be about half that. There is currently no indication that another model will replace the Cadillac XLR which was also built at the plant but was discontinued earlier this year.

The Bowling Green Assembly Plant was also expected to become the home of the Saturn Sky and the Pontiac Solstice in 2012, but those models are expected to be sold or discontinued as part of the reorganization that will focus on the four key brands: Chevy, Cadillac, Buick and GMC.

The Corvette plant is currently closed for a planned two week hiatus.


Source:
Bowling Green Daily News

Related:
More Corvette Comments from GM CEO Henderson
[VIDEO] GM CEO Fritz Henderson Discusses Corvette’s Future
[VIDEO] 2010 Corvette ZR1′s Performance Traction Management System

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2010 Corvette Grand Sport Launch Control Tested in Dealer's Lot

We showed you how the 2010 Corvette’s Launch Control works from the GM video shown at the National Corvette Museum’s C5/C6 Bash back in April. On Thursday, one of GM’s preproduction 2010 Corvette Grand Sports was at Les Stanford Chevrolet in Dearborn, Michigan and demonstrated the new feature – in their parking lot!

The new Launch Control system is very easy to engage. Just put your manual Corvette’s traction control into competitive mode and push the throttle to the floor. The system will hold a predetermined RPM and when the driver dumps the clutch, the launch control system modulates engine torque 100 times per second to get the best traction.

Les Stanford was quick to point out that this was a GM car and not a customers car or a car that would be for sale. The best news is that had this been an actual customer’s Corvette, using the launch control system will not void the warranty.


Source:
Autoblog

Related:
[VIDEO] The 2010 Corvette’s Launch Control System Explained
Official 2010 Corvette Grand Sport Pricing Released What’s New for the 2010 Corvette

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Official 2010 Corvette Grand Sport Pricing Released

by Keith Cornett on May 29, 2009

Offical 2010 Corvette Grand Sport Pricing Released

We got word today from Dave Salvatore of Kerbeck Corvette that pricing for the 2010 Corvette Grand Sport has been released. When the Grand Sport was introduced at the National Corvette Museum in April, Team Corvette members Harlan Charles and Tadge Juechter both said that people will be pleased when the final price is announced. Having seen the numbers, we see again why Corvette beats all sports cars in the performance per dollar category.

2010 Corvette Grand Sport Pricing:

  • 2010 Grand Sport Coupe starts at $55,720 including DFC
  • 2010 Grand Sport Convertible starts at $59,530 including DFC

Going off the current year pricing, that’s $6,205 more than the base Coupe and $5,360 for the base Convertible. Taking into account that we are expecting to see a pricing increase on the base coupe and convertibles, as well as the fact that the Grand Sport takes the place of the Z51 option which costs $1,695 and you are essentially looking at $3,665-4510 upgrade for the new wide-body design, complete with Z06 brakes, tuned suspension and a better 0-60 mph performance of 4.0 vs 4.2.

A quick check on some of the forums show that people are generally pleased with the pricing of the new model. Considering that most garage wide body conversions cost around $10,000, this new model should sell well.

Pricing on the Corvette models for 2010 should be forthcoming shortly which will also include pricing for the Z15 GS Heritage Package which will be available sometime in the fall.

Thanks again goes out to Dave Salvatore for supplying us with the pricing. If you are interested in ordering a 2010 Corvette Grand Sport, give him a call at 877-537-2325 or visit Kerbeck Corvette.

SPECIFICATIONS OF THE 2010 CORVETTE GRAND SPORT

Overview

Models:

Chevrolet Corvette Grand Sport Coupe and Convertible

Body styles / driveline:

two-door hatchback coupe with removable roof; rear-wheel drive (Coupe and Convertible)

Construction:

composite body panels, hydroformed steel frame with aluminum and magnesium structural and chassis components

Manufacturing location:

Bowling Green, Ky.

Engines

 

6.2L V-8 LS3

Displacement (cu in / cc):

376 / 6162

Bore & stroke (in / mm):

4.06 x 3.62 / 103.25 x 92

Block material:

cast aluminum

Cylinder head material:

cast aluminum

Valvetrain:

overhead valve, two valves per cylinder

Fuel delivery:

SFI (sequential fuel injection)

Compression ratio:

10.7:1

Horsepower
(hp / kW @ rpm):

430 / 321 @ 5900* w/ std. exhaust
436 / 325 @ 5900* w/ opt. exhaust

Torque (lb-ft / Nm @ rpm):

424 / 575 @ 4600* w/ std. exhaust
428 / 580 @ 4600* w/ opt. exhaust

Recommended fuel:

premium recommended not required

EPA estimated fuel economy (city / hwy):

15 / 25 (automatic)
16 / 26 (manual)

Transmissions

 

six-speed manual

six-speed paddle-shift automatic

Application:

std.

opt.

Gear ratios (:1)

   

First:

2.97

4.03

Second:

2.07

2.36

Third:

1.43

1.53

Fourth:

1.00

1.15

Fifth:

0.71

0.85

Sixth:

0.56

0.67

Reverse:

3.28

3.06

Final drive ratio:

3.42

2.73

Chassis / Suspension

Front:

short/long arm ( SLA) double wishbone, cast aluminum upper & lower control arms, transverse-mounted composite leaf spring, monotube shock absorber

Rear:

short/long arm ( SLA) double wishbone, cast aluminum upper & lower control arms, transverse-mounted composite leaf spring, monotube shock absorber

Traction control:

electronic traction control; Active Handling

Brakes

Type:

front and rear power-assisted disc with ABS with six-piston front and four-piston rear calipers, cross-drilled rotors

Rotor diameter x thickness (in / mm):

front: 14 x 1.3 / 355 x 32
rear: 13.4 x 1 / 340 x 26

Brake swept area
(sq in / mm):

front: 309 / 1994
rear: 269 / 1735

Wheels & Tires

 

Wheel size:

front: 18-inch x 9.5-inch
rear: 19-inch x 12-inch

Tires:

front: P275/35ZR18
rear: P325/30ZR19

Dimensions

Wheelbase (in / mm):

105.7 / 2685

Overall length (in / mm):

175.6 / 4460

Overall width (in / mm):

75.9 / 1928

Overall height (in / mm):

48.7 / 1236

Curb weight (lb / kg):

3311 / 1502 (Grand Sport Coupe)
3289 / 1492 (Grand Sport Convertible)

Weight distribution
(% front / rear):

51 / 49

Interior

 

Seating capacity

2

Interior volume (cu ft / L):

52 / 1475

Headr oom (in / mm):

38 / 962

Legroom (in / mm):

43 / 1092

Shoulder room (in / mm):

55 / 1397

Hip room (in / mm):

54 / 1371

Capacities

 

Cargo volume
(cu ft / L):

Coupe: 22 / 634
Convertible: 11 / 295 (top up); 7.5 / 212 (top down)

Fuel tank (gal / L):

18 / 68.1

Engine oil (qt / L):

5.5 / 5.2 (automatic transmission)
10.5 / 9.9 (manual transmission)

* SAE Certified


Source
Kerbeck Corvette

Related:
Download the 2010 Corvette Order Guide
What’s New for the 2010 Corvette
[VIDEO] Introduction and Reveal of the 2010 Corvette Grand Sport
Exclusive Photo Gallery: The 2010 Corvette Grand Sport

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LG Motorsports GT2 Corvette

Lou Gigliotti made a valiant run in the American Le Mans Series over the last year and half, but the cost of running in the series as well as several other factors have led to the decision to put up for sale the #28 Riley GT2 Corvette. Recently repaired from the fire at Long Beach, the GT2 Corvette and a tractor-trailer full of parts is being offered for $425,000.

Despite listing the Corvette for sale, Lou still plans to return to the track in the Black and Flames #28 Corvette for a run at the 10 hour/1,000 mile Petit Le Mans at Road Atlanta although we may even see him even sooner at Mosport.

According to Lou, the cost of running in the series makes it extremely difficult to be competitive. Lou also cites interference from GM Racing in both their Le Mans application and their inability to get secure Michelin as a tire supplier as a contributing factor as well:

“The fact that we could never get Michelin tires is a factor and the interference of GM Racing in the effort to get Michelins is the final straw that is chasing us out. GM was also instrumental in making sure that our Le Mans entry was denied because of the Riley lawsuit.” Gigliotti adds “I don’t want to whine but it is clear that GM never wanted us to be competitive in GT2 once they made the decision to enter the class. So keeping Michelin tires out of reach made it easy for them.”

Lou has proven he can run as fast as the Porches and Ferraris in GT2 and says the car has been totally rebuilt following Long Beach and is better than it was when originally built by Riley. This is good news if you want to own the very first ALMS GT2 Corvette. Interested parties should call Lou at 972-429-1963. Think about this, you could be driving this Corvette at Road Atlanta in the Petit Le Mans. Live the dream! Although the LG Motorsports team has made changes to the Corvette over the last two seasons to shed pounds and make the car competitive, you can still get details of the GT2 Corvette platform from Riley Technologies



Source:
Racecars360.com

Related:
[VIDEO] LG Motorsports GT2 Corvette Catches Fire at Long Beach
[VIDEO] #28 LG Motorsports GT2 Corvette Qualifying in St. Pete

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Karvajal's Corvette ZX-1 Corvette Widebody Conversion

New York-based Karvajal Design has just recently launched a new Corvette conversion package called the ZX-1. The page comes in two stages with the first being a complete body conversion while the second stage addresses performance. After reading the specs and checking out some of the photos, our exuberance for the ZX-1 is about on par with the facial expression on the model pictured above.

The ZX-1 starts with widening the Corvette C6′s body from 72″ to 80″. A copious amount of LEDs are added both front and rear and a custom exhuast, rear diffuser and 19/20″ HRE Aluminum wheels complete the look. Underneath the widebody, Karvajal added a Magnuson supercharger to produce over 600 horsepower and Brembo disc brakes, a Pfaft coil-over suspension and a full under-body aero design complete the package.

Inside the Corvette ZX-1, buyers can choose to go with a leather interior trim or do a premium upgrade that includes alcantara race seats and door panels, aluminum sill plates, floor mats and a leather-wrapped flat bottom steering wheel.

Karvajal Designs plans to build 300 ZX-1s with packages starting at $69,900. Customers supply the donor Corvette. The very first Corvette ZX-1 was built using a 2007 Corvette C6 and that car was recently listed on ebay with a buy-it-now price of $185,000.

Karvajal's Corvette ZX-1 Corvette Widebody Conversion Karvajal's Corvette ZX-1 Corvette Widebody Conversion Karvajal's Corvette ZX-1 Corvette Widebody Conversion
Karvajal's Corvette ZX-1 Corvette Widebody Conversion Karvajal's Corvette ZX-1 Corvette Widebody Conversion Karvajal's Corvette ZX-1 Corvette Widebody Conversion
Karvajal's Corvette ZX-1 Corvette Widebody Conversion Karvajal's Corvette ZX-1 Corvette Widebody Conversion Karvajal's Corvette ZX-1 Corvette Widebody Conversion


Source:
Karvajal Designs via Autoblog

Related:
Devil in Green: Geiger’s 890 hp biTURBO Corvette Z06
[VIDEO] Hennessey Corvette ZR750 Gets Flogged in Super Slo-Mo
Stile Bertone’s ZR1-Based Project M Revealed as Mantide

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More Photos of the 2009 Indy 500 Festival Corvettes

by Keith Cornett on May 27, 2009

TMore Photos of the 2009 Indy 500 Festival Corvettes
On the day prior to the running of the Indy 500, a couple hundred thousand spectators gathered to watch the annual Indianapolis Festival Parade. In addition to marching bands, float and dignitaries, each of the 33 qualified drivers is carried the length of the parade while ridding on rear deck of one of the special Festival Corvette convertibles. Check out Pressdog.com for an account of the parade and make sure you view the 108-image flickr gallery for a ton of Indy 500 Festival Corvette photos.

 

GM Delivers Corvette ZR1 to German Prince

by Keith Cornett on May 27, 2009

GM Delivers Corvette ZR1 to German Prince

Prince Albert von Thurn und Taxis recently took delivery of a new Corvette ZR1 in Bonstetten, Switzerland. The Prince is a descendant of one of Germany’s old and wealthy noble families and is an avid race car driver who currently drives a Lamborghini in the FIA GT European Championship and the GT3 Class with Reiter Engineering. Owning a Corvette ZR1 was reportedly a “must-have” for the Prince.

Prince Albert’s racing pedigree includes the current European Lamborghini Cup title, vice champion of the German ADAC GT Masters 2008 and a stint in the FIA GT European Championship behind the wheel of a Lamborghini. He also currently races with Reiter Engineering, using the German firm’s GT3-class Lamborghini Gallardo race car. Despite his racing success, we understand the car will be used for personal driving as no plans have been announced to race the American super car.

Prince Albert joins the list of race car drivers who have purchased a 2009 Corvette ZR1. Other notable race car drivers include Mario Andretti, Jimmy Johnson and Jeff Gordon.


Source
MotorAuthority.com

Related:
Mario Andretti Selling His Corvette Z06 for a Corvette ZR1
NASCAR’s Hendricks Team Perk: Corvette ZR1s for Everyone!

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The Corvette C7R LMP1 Race Car That Never Was

by Keith Cornett on May 26, 2009

The Corvette C7R LMP1 Race Car That Never Was

A Le Mans EVO prototype model was spotted by a Ten-Tenths.com forum member while taking a tour of the Pratt & Miller facility in New Hudson, Michigan. If you remember, in 2007 the ACO (the organization that governs Le Mans) was looking to combine the GT1 and LMP1 classes into the single “Evo” class. However, some LMP1 teams balked at the idea and so the EVO rules were eventually shelved. However, during the time the EVO was being considered, Pratt & Miller developed a model for the proposed Evo class.

Corvette LMP1 Race Car Model Corvette LMP1 Race Car Model Corvette LMP1 Race Car Model
Corvette LMP1 Race Car Model Corvette LMP1 Race Car Model Corvette LMP1 Race Car Model
Corvette LMP1 Race Car Model Corvette LMP1 Race Car Model Corvette LMP1 Race Car Model

The last photo shows an ACO-provided mockup of an EVO LMP1 in Corvette Racing Livery. While similar in design, if you look closely you will see that its different than the wind tunnel model on display at Pratt & Miller.

Following the ACO’s decision to leave the LMP1 rules in place, GM suspended development of the Evo program last year and has since made the decision to move to GT2. And while we would much rather see the Corvette battling Porsche, Ferrari, BMW and Aston Martin in a class that more closely resembles production cars, we are left to wonder how a mid-engined LMP1 Corvette would have competed against the likes of Audi and Peugeot for the overall win at the 24 Hours of Le Mans.


Source:
Ten-Tenths.com

Related:
GM Red Flags Corvette’s Le Mans Evo C7R Racer
[VIDEO] Corvette Racing’s Doug Fehan Talks about the ZR1-Based GT2 Corvette C6.R

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Friday’s Featured Corvettes for Sale

by Keith Cornett on May 22, 2009

1989 Corvette Coupe for Sale at VetteFinders.com

Memorial Day weekend is here which means that the Corvette cruise and show season is officially open. What? You don’t have a ride yet for Summer? You need to look no further than VetteFinders.com to find your new Corvette and the market has never been more favorable than now. The classic Corvette segment continues to shine and the preowned market is providing some of the best deals in a generation.

You’ll find the greatest selection of new and classic Corvettes at VetteFinders.com, the Internet’s original Corvette classifieds website. The beautiful C1-C6 examples you see here are just a sample of the 500+ Corvettes available now. Want to learn more? Click on the photo or link to read the full ad, view more photos and contact the seller.

1959 Corvette Convertible For Sale 1965 Corvette Convertible For Sale 1972 Corvette T-Top For Sale
1959 Convertible
Email for Price
1965 Convertible
$41,900
1972 T-Top
$27,999
 
1989 Corvette Coupe For Sale 2003 Corvette Hardtop For Sale 2006 Corvette Coupe For Sale
1989 Coupe
$14,900
2003 Z06
$26,900
2006 Coupe
$34,995

Selling Your Corvette? Now is the time and VetteFinders.com is the place to reach more qualified Corvette Buyers. Corvette Classified Ads are only $25 and your Corvette will run until its sells. You can post unlimited photos and you have access to make any changes at any time.


Source:
VetteFinders.com

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1967 Corvette Roadster

Mecum Auctions just wrapped up their 22nd annual Spring Classic last weekend in Indianapolis and Corvette sales were rather brisk during the five day event. We counted 146 Corvettes available on the docket with 68 selling for a total of $2,879,150 and a sales success rate of 46%. Those are fairly strong numbers considering the economy.

The top selling Corvette was the 1954 EX-87 mule (Lot #F208) used by Zora to set a record at the Arizona proving grounds. The restored engineering car sold for $310,000. The second best seller is an auction favorite, a 1967 Corvette convertible (Lot #F236) powered by an 427/435 hp V8. Described as a matching numbers masterpiece, the Nabors Brothers restored C2 convertible has three NCRS Top Flight awards. The Lynndale Blue Corvette sold for $162,500. Third on the list was a 1958 Resto-mod (Lot #S33) that sold for $137,500. The C1 tubular frame Corvette is powered by a Z06 engine from an ’01 C5 and finished in a bright yellow exterior.

There were several significant Corvettes that failed to meet reserve during the 5-day auction and went unsold. The Corvette receiving the highest bid for Vettes during the entire weekend was a documented 1969 Fathom Green L88 427/430 Coupe (Lot #F229) that topped out at $425,000. A split-window 1963 Ermine White Corvette Z06 Tanker (Lot #S173) reached $300,000 and the very first Corvette on the 1960′s, 1960 Corvette roadster VIN #00001 reached $290,000.

Here is the Auction Results Sold List for the 2009 Mecum Spring Classic:

Lot # Year Description Price
W53 1986 Corvette Convertible 350/230 HP, Auto $7,500
W66 1984 Corvette Coupe 350 CI, Automatic $5,750
W75 1966 Corvette Convertible 327/350 HP $55,000
W79 2000 Corvette Convertible $15,500
W89 1989 Corvette 5.7L, Automatic $10,000
W96 1993 Corvette 2-door 350 CI, Automatic $13,250
W110 1987 Corvette Convertible Z-52 Package, 4-Speed $12,000
W113 1976 Corvette L82 Coupe 350 CI, Automatic $16,000
T9 1966 Corvette Coupe 327/300 HP, Automatic $35,000
T48 1993 Corvette 40th Anniversary $18,000
T65.1 1972 Corvette 2-door 454/270 HP, Automatic $19,000
T74 1958 Corvette Convertible 283/245 HP, 4-speed $52,000
T75 1974 Corvette Convertible 454/270 HP LS4, 4-Speed $25,000
T94 1995 Corvette Pace Car Convertible 5.7 V-8, Auto $27,500
T102 1972 Corvette Coupe 454 CI, 4-Speed $22,500
T106 1979 Corvette Coupe 350/350 HP, 3-Speed Auto $5,400
T126 1975 Corvette Convertible 350 CI, Automatic $14,250
T138 1971 Corvette 454/500 HP, Baldwin Motion Replica $28,500
T153 1963 Corvette Convertible 327/300 HP, 4-Speed $38,500
T159 1962 Corvette Convertible 327/250 HP, 4-Speed $45,500
T176 1979 Corvette Coupe 350 CI, 3-speed Automatic $11,500
T232 1966 Corvette Coupe 427/425 HP, 4-speed Manual $63,000
T267 1963 Corvette Coupe 327/250 HP, 4-Speed Manual $60,000
F13 1974 Corvette Convertible 350 CI, Automatic $16,500
F38 1961 Corvette Convertible 283/315 HP FI, 4-Speed $52,500
F43 1957 Corvette Convertible 283/283 HP FI, 4-Speed $79,000
F45 1967 Corvette Convertible 427/435 HP, 4-Speed $80,000
F76 1979 Corvette Coupe 350 CI, 4-speed $9,500
F78 1980 Corvette Coupe 350/190 HP, 4-Speed Manual $15,000
F86 1972 Corvette Coupe 350 CI, 3-speed Automatic $18,750
F104 1967 Corvette Convertible 427/400 HP, 4-speed $80,000
F110 1958 Corvette Convertible 283/290, 4-Speed Manual $59,000
F114 1966 Corvette Coupe 427/550 HP, 6-speed $73,000
F125 1965 Corvette Coupe 327/300 HP, 4-speed Manual $41,000
F128 1977 Corvette Coupe 350 CI, Automatic $14,250
F134 1972 Corvette Coupe 350/350 HP, 3-Speed Automatic $15,750
F141 1969 Corvette Coupe 350/300 HP, 4-Speed Manual $18,000
F151 1976 Corvette Coupe 350 CI, Automatic $11,250
F152 1996 Corvette Collector’s Edition Convertible $18,500
F181 1968 Corvette 427/435 HP, 4-Speed $43,500
F195 1998 Corvette Convertible First C5 Convertible $38,000
F197 2007 Corvette Z06 Coupe Ron Fellows Special Edition $80,000
F198 1994 Corvette Convertible Inaugural Brickyard 400 Festival Car $37,500
F199 2003 Corvette Convertible Indy Festival Car $33,000
F200 2005 Corvette Convertible Indianapolis 500 Track Car $43,500
F203 1966 Corvette Coupe Owned by Roy Orbison $33,500
F207 1988 Corvette Challenge Car, 1 of 56 $40,000
F208 1955 Corvette Duntov Test Mule EX-87 $310,000
F230 1957 Corvette Convertible 283/250 HP Fuelie, Auto $74,000
F235 1956 Corvette Convertible 265/225 HP, Automatic $52,000
F236 1967 Corvette Convertible 427/435 HP, 4-Speed $162,500
F243 1999 Corvette Coupe Lingenfelter 427 Twin Turbo $80,000
F269 1988 Corvette Convertible $22,500
S9 1975 Corvette 4-door Custom 350 CI, Automatic $25,000
S33 1958 Corvette Resto Mod 350/400 HP, 6-Speed $137,500
S78 1969 Corvette Coupe 427/435 HP, 4-Speed $36,500
S79 1966 Corvette Convertible 427/450HP 4-Speed $97,500
S89 1967 Corvette Convertible 427/390 HP, 4-Speed $71,000
S90 1969 Corvette Convertible 350/300 HP, 4-Speed $29,500
S217 1978 Corvette Indy Pace Car, 350 CI, Automatic $23,000
U5 1972 Corvette Coupe 350 CI, 3-speed Automatic $19,000
U8 1991 Corvette Coupe 350 CI, Automatic $16,500
U34 2001 Corvette Convertible 350 HP, Automatic $19,000
U71 1969 Corvette AA/GS Flip Top Gasser Stone Woods & Cooke Gasser, 454/1247 HP $22,000
U88 1954 Corvette Roadster $38,500
U94 1968 Corvette Coupe 427/390 HP, 4-Speed $41,000
U144 2000 Corvette Convertible $14,000
U165 1958 Corvette Convertible 283/270 HP, 4-speed $46,000


Source:
Mecum Auctions

Related:
Legendary EX87 Corvette Test Mule Offered at Mecum’s Spring Classic
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million

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