sunsalem

Unless the ME is a HUGE hit and a lot of used C7s are dumped into the market.

JustinStrife

It makes more sense than GM switching the iconic Corvette of the last 65+ years, to ME and getting rid of the FE configuration.

C7pimp

No it doesn't.

That entire length of time GM has wanted to make it ME. If I recall, the early C7 development was originally planned to be ME but got scrapped during the bailout in 2008.

ltomn

As for the price being within $10,000 of a C7, I'm afraid the proof will be in the announcement. His statement that "I will be amazed with what GM has done with the pricing on the cars" is nothing more then an intelligent guess just like the rest of our's. Certain components cost certain amounts and the list of high cost components is staggering. Now, all that said, I will be very pleasantly surprised if they announce a car of this quality for only $10,000 (base price) above the C7. I am, however, skeptical.

grcor

Peter Delorenzo has lots of connections within GM. He knows more than what he is willing to talk about. He has to be careful not to burn his contacts. Over a year ago he said that when they make the switch from FE to ME, there will only be ME. They are NOT going to produce ME and FE at the same time.

ltomn

I am not questioning Mr. Delorenzo's connections. Quite the contrary, I applaud them! I am skeptical, however, that this car can be produced for the low amount that he's stated.

JerriVette

Peter D nailed it...10 grand is more than I thought but it's all good.

Bikerjulio

That's not an accurate transcription. And that's being kind. He says "It'll be within 10. Everyone is going to amazed with what they've done with their car in terms of pricing"

Quite different. With the implication that he's speaking from knowledge rather than a guess.

JustinStrife

There are more FE Corvettes sold than the entirety of ME cars sold on the market. Moving to ME exclusively could very well sink Corvette. There is zero proof that the market is there to transition completely to ME.

Dominic Sorresso

Well, if GM has decided to go ME with the Corvette, I'm willing to bet they have more proof and facts than you do for your statement.

C7pimp

That's because you can't buy a new Ferrari, Lambo, Pagani, Audi R8, etc for $50K.

Corvette holds a unique market share because the car is fast as ****, looks great and doesn't require an upper class income.

Duh?

tbrenny33

Walter Raulerson

I sure don't need the S&P falling like it is. That's my ME money dwindling.

JustinStrife

Also capable as a daily driver that could also take a couple cross country with luggage comfortably while doing all of those things.

You guys have zero proof there is a large market for an ME Corvette and that 95% of current Corvette buyers and owners will make the switch. None. More like projecting what you want onto everyone else.

Walter Raulerson

Also the nit picking increase in each package and Wheels, PDR, Mag Ride, Seats, Trans, etc

JerriVette

There will always be people afraid of or uncomfortable with change and insist the sky is falling.

Everyone take a deep breath and enjoy the potiential of an even better generation corvette.

Usually the latest generation corvette is the best ...

Keep the faith that you will be even more impressed than you are with your current corvette..

Continually improving the breed is why the corvette is an iconic brand for 65 years...

Hope you enjoyed the show.

Autoline after hours and www.autoline.tv are great daily and weekly automotive news shows.

John McElroy is really a very nice gentleman both on the show and in person. Peter D cracks me up. The third gentleman is Dr Data and he knows all these bizarre factoids..

The weekly guests are varied and offer excellent insight to the automotive industry...

The daily show autoline daily with Sean McElroy is an excellent daily update of all the automotive news...

Another 8 or so months and we should see the corvette c8 full reveal. Till then we will just have to depend on small snippets of information and spy shots.

danm1

Good point

elegant

If there are no C7’s produced after next March (current scheduled 2019 production end), then GM will be forced to keep the price down to maintain sales at the max current-BGA-level of 33K/year.

I believe that the C7 is however continuing, along side the ME’s, for the next two years. If that is the case, there is no the major need for the ME’s price to be in the $65K-70K starting range. Further, with C7’s continuing, nothing to prevent GM from having the entryME have at least a 2 level interior (perhaps even a 3 interior), 550 HP, a DCT, and have its starting price around $89K-99K.

I am budgeting for the latter — plus the inevitable options.

fasttoys

We have to remember all production ME today are hand built exotic cars. The ME Corvette will share components to help reduce cost and will not be hand built like it’s competitors. If GM wants to make a bold automotive statement having the base price at 69k will shock the auto industry.

Corvette is iconic brand with a very loyal fan base even though it’s aging you don’t want to alienate that group. Keeping the FE in production alongside the ME allows GM to make a change without causing major panic to these loyal buyers. Then if the ME is a hit you can pull the plug on the FE after 2022, if not you can exstend the FE till you complete the new replacement. Its a cautious win win for GM.

JerriVette

It'll be interesting to say the least if the front engine c7 stands to sell alongside the rear mid engine vehicle.

I'd be surprised if anyone plunks down the coin for a new front engine corvette when the c8 rear mid engine corvette hits the showroom..

Maybe you guys are right and there is a market for both.

I don't believe I'd chose a front mid engine corvette if the c8 rear mid engine is available..for a few dollars more.,