My Observations on the C8 and Why I think No Front Engine Models Will be Produced ..
#1
My Observations on the C8 and Why I think No Front Engine Models Will be Produced ..
Except for the ZR1 maybe for 2 more model years. GM is keeping a VERY TIGHT lid on the C8 because once information gets out as to the price and specs of the car C7 sales will greatly falter and too many Dealers have deep deep inventory of C7s. I really think its going to be a $65K base car and that's going to wreck everyone including Chevrolet Dealers loaded with C7s. I truly think this is what's behind some the secrecy of the C8. I have never heard GM call the M/E anything other than the C8...dead giveaway folks. I also think the C8 may be DELAYED. Its November, if the car was showing in January you would know more about it by now even with GM trying hard to keep the car under wraps. I wouldn't be the least bit surprised if GM brings the car out as a 2021 model and extends C7 production to 2020. Let's be honest this is an entirely new platform and i'm sure its full of bugs and in need of adjustments. Bringing this car to market buggy or in some way sub par would totally wreck the image of GM and Chevrolet and as I see it that's not going to happen. This is why the automotive world is hearing crickets from Chevrolet right now because this bun isn't fully brown yet and not ready to pull from the oven. Could GM pull a rabbit out of a hat? SURE they could but don't be surprised if those crickets keep chirping a few months longer than January.
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10-28-2018, 11:20 PM
Burning Brakes
If you look at the numbers, the C7 is not really doing that bad - it is selling about 4000 units more per year than the C6 did at the 6-year point of its life, which was influenced by the recession. (Sales came back up in 2013 because of a lot of deep discounts and the 427 Convertible). The point is that the C7 could probably soldier on a couple more years selling 15,000 units each year, but GM wants to sell 33,000 units a year and make a LOT more money in the process. The only way to do that is a NEW CAR selling at about the same as a C7 Z51(MSRP) or a GS (discounted) does today. I'd guess an MSRP of about $65K.
Ye of little faith can't believe that GM is capable of introducing a blockbuster ME at this price that will knock the socks off their competition, primarily Porsche, who is still selling Butzi's "VW on speed" in 23 different flavors after 50 years. I, personally, have no doubts they can and will do it.
Ye of little faith can't believe that GM is capable of introducing a blockbuster ME at this price that will knock the socks off their competition, primarily Porsche, who is still selling Butzi's "VW on speed" in 23 different flavors after 50 years. I, personally, have no doubts they can and will do it.
#2
Thanks for the post above. I am no industry expert but know that there is a lot of C7 Inventory
i’m sure when can analyze this issue several ways. If they announce the C8 maybe people would wait to purchase and C7 s would be left unsold. At this point, if they do not announce the c8 people are simply speculating that it is coming in maybe wait to purchase. Same problem of unsold inventory. If the C8 is scheduled to be a 2020 model with sales beginning September of next year and most deliveries and not occurring until early to mid 2020 this would be a legitimate 1.5 year wait for a C8 and could spur (Sales) for people who did not want to wait that long to simply purchase a C7.
with the excess inventory of C 7’s, I cannot see them delaying the C8 for another model year. What would they do,? Produce even more 2019 C7’s ? I can’t see that. They can’t sell 2017 or 2018 C7s as 2019 s, If I am making myself clear. The dealer s would be selling 2017 and 2018 cars as their “new” Corvette. ?
i am sure they have it figured out at GM but I feel the release of the C8 sooner rather than later is a better option! ; )
i’m sure when can analyze this issue several ways. If they announce the C8 maybe people would wait to purchase and C7 s would be left unsold. At this point, if they do not announce the c8 people are simply speculating that it is coming in maybe wait to purchase. Same problem of unsold inventory. If the C8 is scheduled to be a 2020 model with sales beginning September of next year and most deliveries and not occurring until early to mid 2020 this would be a legitimate 1.5 year wait for a C8 and could spur (Sales) for people who did not want to wait that long to simply purchase a C7.
with the excess inventory of C 7’s, I cannot see them delaying the C8 for another model year. What would they do,? Produce even more 2019 C7’s ? I can’t see that. They can’t sell 2017 or 2018 C7s as 2019 s, If I am making myself clear. The dealer s would be selling 2017 and 2018 cars as their “new” Corvette. ?
i am sure they have it figured out at GM but I feel the release of the C8 sooner rather than later is a better option! ; )
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elegant (10-26-2018)
#3
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Highly unlikely that the mid engine Corvette would be other than starting sales as a 2020 model, and consistent with long term practices (C7 ZR1 model excepted), new model year Corvettes start to arrive in late summer or mid fall. For example, the first C7 was delivered to Rick Hendrick on September 19, 2013, and the first regular customer to receive his was on September 20, 2013. That person was/is a member of this forum, a personal friend, here seen driving away from the dealership that Saturday.
#4
Drifting
So, right now if the C7 is not selling, why would GM delay the C8 a year for the sole purpose of clearing a slow-moving C7 inventory? How many years should they do this if leftover C7s just don't move off the lots? It's not like GM hasn't thought of this. As long as the C8 is on the horizon, the potential buyer of a new Vette will hesitate to see if what they want is that car or the C7. In other words, buying decisions wait resulting in not much sales activity in the interim. GM wants to sell cars - to get Corvette sales moving again GM will bring the C8 to market as soon as it's ready to produce. By the time the C8 hits the market the C7 is mostly old news and GM will incentivize the mostly old stuff.
I remember when I was 11 years-old and had a newspaper route - when I approached a potential new customer my opening line was 'You don't want to buy my paper, do you?' When they agreed with that and said 'No, not right now' I'd reply with a thank you and I'll ask again next month. My sales pitch was laughable and my route didn't expand by much. The equivalent to that in the Corvette world would be something like GM saying 'You don't want to buy a new C7, do you?' LOL well you might, if the price is right.
When I bought my C6 new in the summer of 2013, it went for $16k under sticker due to GM incentives/rebates and dealer discounting. Good business practice as the old inventory was sold and they were delivering the C7 a few months later. Win-Win for all parties.
I remember when I was 11 years-old and had a newspaper route - when I approached a potential new customer my opening line was 'You don't want to buy my paper, do you?' When they agreed with that and said 'No, not right now' I'd reply with a thank you and I'll ask again next month. My sales pitch was laughable and my route didn't expand by much. The equivalent to that in the Corvette world would be something like GM saying 'You don't want to buy a new C7, do you?' LOL well you might, if the price is right.
When I bought my C6 new in the summer of 2013, it went for $16k under sticker due to GM incentives/rebates and dealer discounting. Good business practice as the old inventory was sold and they were delivering the C7 a few months later. Win-Win for all parties.
#5
Burning Brakes
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#6
16 Vettes and counting…..
I don't see the C8 as a sales disaster for the C7. The ME design is something completely different, making the FE C7 the last of its kind (I'm guessing). That's a selling point no previous outgoing generation had.....and the C7 is still one the best sports cars on the planet. I don't think GM is worried about moving inventory.
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Corvette ED (10-30-2018)
#7
from a pure marketing perspective... cog, market contamination, market conflict.. it would be absolutely shocking if they offer a FE car at the same time as a ME... this is the end of the road for a FE corvette.. unless something very unexpected happens... I'm in for one at 500hp if forged internals up to 150k... over that will go w a 720s...
#8
Highly unlikely that the mid engine Corvette would be other than starting sales as a 2020 model, and consistent with long term practices (C7 ZR1 model excepted), new model year Corvettes start to arrive in late summer or mid fall. For example, the first C7 was delivered to Rick Hendrick on September 19, 2013, and the first regular customer to receive his was on September 20, 2013. That person was/is a member of this forum, a personal friend, here seen driving away from the dealership that Saturday.
#9
Melting Slicks
Or GM could update the FE with new front and rear fascias and the Caddy TT 4.2/10 speed auto first as the 2020. That would be the simple solution and no risk option. Should be clear by now that the FE is going to remain in production so GM might as well update it before bringing out the Zora at a significantly higher price point.
#10
16 Vettes and counting…..
Or GM could update the FE with new front and rear fascias and the Caddy TT 4.2/10 speed auto first as the 2020. That would be the simple solution and no risk option. Should be clear by now that the FE is going to remain in production so GM might as well update it before bringing out the Zora at a significantly higher price point.
#11
Or GM could update the FE with new front and rear fascias and the Caddy TT 4.2/10 speed auto first as the 2020. That would be the simple solution and no risk option. Should be clear by now that the FE is going to remain in production so GM might as well update it before bringing out the Zora at a significantly higher price point.
It seems equally clear to me that the FE will not remain in production as soon as the ME is ready for primetime.
Last edited by Foosh; 10-27-2018 at 05:19 PM.
#12
Melting Slicks
Here is the direct quote from GM:
"The 10-speed is approximately the same size as the six- and eight-speed transmissions, minimizing changes to vehicle interfaces."
Given the problems with the 8-speed, GM could make the 10-speed fit the C7 and have better performance and reliability. This is not rocket science.
"The 10-speed is approximately the same size as the six- and eight-speed transmissions, minimizing changes to vehicle interfaces."
Given the problems with the 8-speed, GM could make the 10-speed fit the C7 and have better performance and reliability. This is not rocket science.
#13
no offense... but..these are not Ferrari or lambos... even the lowly Austin Martins ...(an AM in LA or Honolulu is looked at like a Toyota... serious)... its just a corvette... so if the prime example of a Vette is a ME (future I know)...at even say 100k new....it seems very difficult to sell any FE model.. so a full stretch.. marketing wise.. would be .. a base FE only.. at ...what do they sell for ?? $50k. and then 100k for a ME.. thats the only way I can see a continued FE and ME... I guess it's possible...
my hope is for a 150k ME... that has been fully developed and can compete with a 570s ... and modded or a ZR version compete with a 720s... now..that will get people jacked... if a ZR ME would run w a 720s... Im in at 200k... Jesus..its cheap.. for the performance.. PLEASE GM
my hope is for a 150k ME... that has been fully developed and can compete with a 570s ... and modded or a ZR version compete with a 720s... now..that will get people jacked... if a ZR ME would run w a 720s... Im in at 200k... Jesus..its cheap.. for the performance.. PLEASE GM
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moon2605 (10-28-2018)
#14
Melting Slicks
no offense... but..these are not Ferrari or lambos... even the lowly Austin Martins ...(an AM in LA or Honolulu is looked at like a Toyota... serious)... its just a corvette... so if the prime example of a Vette is a ME (future I know)...at even say 100k new....it seems very difficult to sell any FE model.. so a full stretch.. marketing wise.. would be .. a base FE only.. at ...what do they sell for ?? $50k. and then 100k for a ME.. thats the only way I can see a continued FE and ME... I guess it's possible...
my hope is for a 150k ME... that has been fully developed and can compete with a 570s ... and modded or a ZR version compete with a 720s... now..that will get people jacked... if a ZR ME would run w a 720s... Im in at 200k... Jesus..its cheap.. for the performance.. PLEASE GM
my hope is for a 150k ME... that has been fully developed and can compete with a 570s ... and modded or a ZR version compete with a 720s... now..that will get people jacked... if a ZR ME would run w a 720s... Im in at 200k... Jesus..its cheap.. for the performance.. PLEASE GM
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vndkshn (10-29-2018)
#15
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Here is the direct quote from GM: "The 10-speed is approximately the same size as the six- and eight-speed transmissions, minimizing changes to vehicle interfaces." Given the problems with the 8-speed, GM could make the 10-speed fit the C7 and have better performance and reliability. This is not rocket science.
#16
Melting Slicks
Yeah, I am sure Corvette will just throw away 25K FE sales per year for no reason. That makes so much sense.
Double the size of BGA and produce half the number of Corvettes with the ME as the exclusive car. Lose millions of $$$ annually for what?
Tadge will be looking for a new job.
Double the size of BGA and produce half the number of Corvettes with the ME as the exclusive car. Lose millions of $$$ annually for what?
Tadge will be looking for a new job.
#17
That's just plain silly. A better way to lose more than 25K sales per year would be to build an attractive and capable ME C8 and then price it out of reach of much of the target demographic.
Throughout Corvette history, when a new gen appears, interest in the previous gen fades very quickly. Sales of the new model peak the first couple of years and the previous model sales tank. Sales of the C7 peaked in 2014 and have fallen every year since.
Building a "budget," warmed over version of the C7 is not going to generate 25K annual sales, and GM is not going to develop two entirely new and completely different C8 models.
Throughout Corvette history, when a new gen appears, interest in the previous gen fades very quickly. Sales of the new model peak the first couple of years and the previous model sales tank. Sales of the C7 peaked in 2014 and have fallen every year since.
Building a "budget," warmed over version of the C7 is not going to generate 25K annual sales, and GM is not going to develop two entirely new and completely different C8 models.
Last edited by Foosh; 10-28-2018 at 11:18 AM.
#18
so youre saying.....no Christmas card??
#19
16 Vettes and counting…..
I’ll be glad when the C8 and the pricing is finally revealed so these idiotic fantasies of a $100,000 base Corvette will cease.
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msm859 (10-28-2018)
#20