I have loved every generation of corvette but I'm not a fan of this. Guess I will be back in a camaro.

 

I just can't see it. I just love the design of the Corvettes now and before. I feel it would be too much of a change.

 

Well said they will out price the corvette so the working mans dreams will out of reach.

 

It's poor logic on the part of GM. The GT won't hurt Mustang sales.


A mid-engined car branded as a "Corvette" will hurt the "normal" Corvette sales---------------------a regular Corvette will no longer have the status that it currently does.

If GM wants a halo car, it needs to leave the "Corvette" off it and call it another name.

 

Odd that I don't see any discussion on C6 or C7 forums about this.
LP

 

Its on the Z06 forum.

Doug

 

Looks like the last generation Lamborghini. If they want to get a premium, they need to make it unique like the GT.

 

Here might be a little insight, Continental Structural Plastics is located in an Industrial Park in Huntington, IN and make the bulk of the Corvette body panels about a month ago they came before the Huntington City Common Council requesting a Tax abatement for an additional 110,000 square foot for production stating they could be awarded 2 significant product lines. The first which would be launched in 2019 for the C8 Corvette body panels. They also stated the current C7 would be built for a period of 2 years after the C8 is launched, when the C7 is shut down another new secret line which he was unbale to talk about will be launched along side the C8 (Caddy)? The plant manger stated that the second line would be a new introduction to the market. I now know a couple of people in the front office and will try to update this as much as possible. Do I think this is going to happen oh ya!!!!! To read the article go to www.huntingtoncountytab.com Monday Feb. 15 2016

 

Very Interesting.....

 

That link just leads to the home page, and a search of their features and archives doesn't show any such article. Maybe I'm doing something wrong, or the article has been removed...............?

 

http://www.huntingtoncountytab.com/c...-two-new-lines

 

Ah - Feb 10th, not the 15th.

 

Copied directly from the article:

"A Huntington manufacturing facility is in the running to gain two new production lines that would see the plant nearly double in size and, its manager says, solidify its position in the community for years to come.
On Tuesday, Feb. 9, the Huntington Common Council took steps that will eventually allow it to provide some financial assistance to help make that become reality.
The council, as it does every two years, passed a resolution preliminarily designating specific areas in Huntington — generally areas zoned for business and industry — as economic revitalization areas (ERAs). Following a public hearing on Feb. 23, the council will be asked to give final approval to the ERAs — paving the way to continue to grant tax abatements for growing companies.
One of those companies will likely be Continental Structural Plastics, which makes body panels for Corvettes. The plant's manager, Jerry Reid, and the executive director of Huntington County Economic Development, Mark Wickersham, came before the council to explain as much of the company's plans as they could.
CSP could be awarded “two significant product lines” that would launch in 2019, Reid said. The first line would be body panels for the new generation of Corvettes. The body panels now being made in Huntington are for the current C7 Corvette; Reid says the plant is working to win the right to manufacture body panels for the eighth generation of the sports car.
The current model would continue to be manufactured for two years after production of the new model begins, Reid said, necessitating the addition of 110,000 to 130,000 square feet to the current 165,000 square feet of manufacturing space.
“We want to expand the facility so we can make both at the same time,” he said.
Once production of the C7 body panels ends, he said, that space would be used for the second new line — a line Reid said is still secret, but would be a new introduction to the market. The entire project would increase CSP's work force from 323 to about 480, he said. The jobs pay in the range of $15 to $16 an hour, he said.
“It's kind of a game changer,” Reid said, adding that it would provide stability for the Huntington plant into the future. “We will be looked at as one of the flagships in the company.”
The company would want to start construction of the addition as soon as possible, Reid said, probably in late spring or early summer. But CSP wouldn't generate any revenue from that investment for several years, he said.

Wickersham said both the state of Indiana and Huntington County are offering incentives to convince the company's Auburn Hills, MI, headquarters to place the project in Huntington."




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The 15th. I have the paper in front of me now and I can read!!!

 

Yeah, I know - me too! All I know is what is says on the link that I looked at...................

"Common council hears that CSP in running for two new lines
By Cindy Klepper - Wednesday, February 10, 2016 8:36 AM

A Huntington manufacturing facility is in the running to gain two new production lines that would see the plant nearly double in size and, its manager says, solidify its position in the community for years to come.
On Tuesday, Feb. 9, the Huntington Common Council took steps that will eventually allow it to provide some financial assistance to help make that become reality.
The council, as it does every two years, passed a resolution preliminarily designating specific areas in Huntington — generally areas zoned for business and industry — as economic revitalization areas (ERAs). Following a public hearing on Feb. 23, the council will be asked to give final approval to the ERAs — paving the way to continue to grant tax abatements for growing companies.
One of those companies will likely be Continental Structural Plastics, which makes body panels for Corvettes. The plant's manager, Jerry Reid, and the executive director of Huntington County Economic Development, Mark Wickersham, came before the council to explain as much of the company's plans as they could.
CSP could be awarded “two significant product lines” that would launch in 2019, Reid said. The first line would be body panels for the new generation of Corvettes. The body panels now being made in Huntington are for the current C7 Corvette; Reid says the plant is working to win the right to manufacture body panels for the eighth generation of the sports car.
The current model would continue to be manufactured for two years after production of the new model begins, Reid said, necessitating the addition of 110,000 to 130,000 square feet to the current 165,000 square feet of manufacturing space.
“We want to expand the facility so we can make both at the same time,” he said.
Once production of the C7 body panels ends, he said, that space would be used for the second new line — a line Reid said is still secret, but would be a new introduction to the market. The entire project would increase CSP's work force from 323 to about 480, he said. The jobs pay in the range of $15 to $16 an hour, he said.
“It's kind of a game changer,” Reid said, adding that it would provide stability for the Huntington plant into the future. “We will be looked at as one of the flagships in the company.”
The company would want to start construction of the addition as soon as possible, Reid said, probably in late spring or early summer. But CSP wouldn't generate any revenue from that investment for several years, he said.
That's where the tax abatement — which is made possible by the renewal of designated economic revitalization areas — comes into play, Wickersham explained.
In the past, tax abatements were traditionally granted for 10 years. Property taxes on a company's new buildings or equipment were phased in over the 10 years, beginning at zero and going up incrementally until the full assessment was paid at the end of the decade. Throughout the period, the company continues to pay the full amount of property taxes on the buildings and equipment in place before the expansion.
CSP is currently paying about $78,000 a year in property taxes, Reid said; with the addition of CEDIT and LOIT paid by employees, CSP generates about $155,000 a year in revenue for the city.
“That does not stop,” Wickersham said.
What would change, he said, is the way taxes on the new space and new equipment would be phased in. Under a new state statute, the city can grant a tax abatement with a phase-in schedule tailored to the project under consideration. For example, Wickersham said, the council could allow the company to pay no property taxes for the first five years, and then begin phasing in the taxes. Wickersham said CSP would benefit from a more aggressive abatement schedule.
Although CSP has not yet officially requested a tax abatement from the city, Wickersham said both the state of Indiana and Huntington County are offering incentives to convince the company's Auburn Hills, MI, headquarters to place the project in Huntington.

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