Chevy says 2014 Corvette will debut in January

DETROIT, Thu Oct 18, 2012 – An all-new 2014 Chevrolet Corvette, the seventh generation of the uniquely American sports car in six decades, will make its debut Jan. 13 on the eve of the North American International Auto Show, General Motors’ Chevrolet brand said on Thursday.

Eagerly awaited by auto enthusiasts, the new Corvette – dubbed C7 by the faithful but known to GM and its suppliers by the development code Y1X – is widely expected to have a radically restyled exterior, a more upscale interior, a lighter chassis, and a more efficient engine and transmission.

There will be a 6-month gap between the 2014 Corvette new C7 and the current C6 version, a Chevrolet spokesman said in an email. GM will stop building the 2013 model in early February, and is due to start producing the 2014 model in volume in July.

The first of the new C7 Corvettes is expected to roll off the line in Bowling Green on June 30 – 60 years to the day that the first 1953 model was produced, according to two suppliers familiar with the automaker’s plans but are not authorized to speak on behalf of GM.

The C7’s formal unveiling in mid-January also marks the anniversary of the Corvette’s debut in January 1953 as a GM Motorama “dream car” concept in New York. Since then, GM has built and sold more than 1.5 million Corvettes, although annual sales have slowed in recent years as higher vehicle prices, rising fuel and insurance costs, and growing competition from Europe and Asia have eroded its once fiercely loyal owner base.