Las Vegas Dealer's Conference: C8 Announcement, it is coming!
#321
Pro
I'm not sure it makes any sense to produce two entirely different cars. That's why it makes more sense for the C8 to debut as a mid-engined replacement for the C7 @ price points from near the current car to about where the ZR1 is today with varying performance levels.
All speculation, anything can happen. What GM will NOT do is just have a C8 that's 90K+ and no other Corvette offering.
Unpossible.
All speculation, anything can happen. What GM will NOT do is just have a C8 that's 90K+ and no other Corvette offering.
Unpossible.
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skank (04-10-2018)
#322
Race Director
Things like the Volt/Bolt can suck wind (from a profitability standpoint) because of they foster a "perception" that big, bad GM CARES about the environment. Corvettes can't really make that claim.
Obviously, trucks/SUV's are THE big profit items for GM. That said, I'm sure GM makes nice coin on Corvette, just not truck/SUV coin.
Last edited by jimmyb; 04-10-2018 at 05:57 PM.
#324
Safety Car
LowRyter, you could well be one to something. At this point, even my trusted sources are giving me mixed messages, so while there are clearly some you definitively know what is coming, as the old expression goes, “those who know are not talking, and the rest of us are trying to figure out things on the forums.”
#325
Burning Brakes
#326
Race Director
I don't see c8 shown as a high priced model. I fully expect there will be more extravagant c8 iterations as the previous generations successfully sold.
#327
Building a ME halo over the FE will under cut the appeal of the FE. Suicide for the Corvette.
#328
Why is it so difficult to believe that GM will make two different cars? They are a company engaged in the effort to create profit by designing and offering creative vehicles. Ones that appeal to the desires of as wide an audience as possible. The effort to create a mid engine car from the historic footings of the Corvette is a natural progression to such a model. That certainly does not preclude it from continuing to offer a front engine model for whatever time it deems appropriate. Particularly when it makes money.
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Chrjones2 (04-10-2018)
#329
16 Vettes and counting…..
There are 2 scenarios, IMO:
1. The ME is NOT the C8. It is a new car, not replacing the front engine car. The C7 soldiers on until MY2021 (we KNOW this is the case, in any event) and the C7 is replaced by an evolutionary C8 for MY 2022, based on the C7. If this is what happens, then I have no idea where the ME car is priced.
2. The ME IS the C8. The C7 continues through 2021, and then the ONLY Corvette is the ME. If this is the scenario, then I think the base ME will be close to current Stingray pricing.
1. The ME is NOT the C8. It is a new car, not replacing the front engine car. The C7 soldiers on until MY2021 (we KNOW this is the case, in any event) and the C7 is replaced by an evolutionary C8 for MY 2022, based on the C7. If this is what happens, then I have no idea where the ME car is priced.
2. The ME IS the C8. The C7 continues through 2021, and then the ONLY Corvette is the ME. If this is the scenario, then I think the base ME will be close to current Stingray pricing.
I think either one could happen. Perhaps GM is not even sure yet. Sales numbers of both versions may dictate the ultimate outcome which is why I think the base ME will be priced in the $65-68 range.....still the semi-affordable sports car within reach of current buyers.
If the ME tanks, there will be a new FE car in 2022. If the ME becomes the preferred choice and FE sales dwindle, then maybe it becomes the only Corvette....and then there's room to build the Cadillac version at Bowling Green.
#330
Le Mans Master
5.5 dohc 850 hp
8 spd tranny that bangs gears faster than me and offers "no clutch" (bad knees) paddle shifters are fine, make them shift firm and positive at low revs, and snap off a shift with very little slip at higher revs)
modern interior that is enhanced over c7 which is a really good interior
3200 lbs
My c5 TT doesn't have an 8 spd, but it did hook me on high hp with a nice shifting auto. I hope to put a c7 8spd in it someday!
Last edited by Rkreigh; 04-11-2018 at 05:03 AM.
#331
Melting Slicks
Making two models presents the problem of having to split 30-40,000 units between two models, not just one, which increases the costs for both models. Despite what many on here think, a Corvette supercar model in a two model lineup will mostly cannibalize sales from regular Corvette sales - the supercar market is very small (less than 5,000 units - Porsche 911's aren't supercars) and 95% of their buyers purchase them because they are exotic and expensive - a Corvette supercar isn't going to steal many of their buyers. Where it will do well is with the rich track car crowd, but that isn't going to be more than a couple of hundred buyers per year.
Two different models severely compromises the value and desirability of the cheaper one (as good as a Camaro ZL-1 LE is, no one considers it a halo car, and it sells in far fewer quantities than a Z06), so its sales will drop considerably, which imo, makes the simultaneous sales of the C7 FE and C8 ME a losing proposition for GM. GM's only viable option for selling a ME halo car and FE car was to make the ME a Cadillac - something that now seems unlikely.
Two different models severely compromises the value and desirability of the cheaper one (as good as a Camaro ZL-1 LE is, no one considers it a halo car, and it sells in far fewer quantities than a Z06), so its sales will drop considerably, which imo, makes the simultaneous sales of the C7 FE and C8 ME a losing proposition for GM. GM's only viable option for selling a ME halo car and FE car was to make the ME a Cadillac - something that now seems unlikely.
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Chrjones2 (04-11-2018)
#332
Le Mans Master
Member Since: Dec 2005
Location: Port Arthur, Texas 77642
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C8 = Continuation of FE Corvette = MSRP in line with generation change; Evolution of C7 platform.
ME = mid engine platform = MSRP $150k+; Revolutionary clean sheet design halo car for GM.
The only business case that makes sense.
ME = mid engine platform = MSRP $150k+; Revolutionary clean sheet design halo car for GM.
The only business case that makes sense.
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RoketRdr (04-11-2018)
#333
Don’t you think this would put a shadow over the C8 that was once the halo car? It clearly can no longer be considered a halo car. Why stretch to get into the JV C8 that is no longer revolutionary. What car will be representing Corvette in IMSA? Probably not the C8.
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Chrjones2 (04-11-2018)
#334
Safety Car
Heck, Porsche does it. All will be Chevrolet Corvettes from $30 to $250 grand. Get new customers when they are young and keep 'em.
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z edge (04-11-2018)
#336
Platinum Supporting Dealership
Thread Starter
#338
16 Vettes and counting…..
Making two models presents the problem of having to split 30-40,000 units between two models, not just one, which increases the costs for both models. Despite what many on here think, a Corvette supercar model in a two model lineup will mostly cannibalize sales from regular Corvette sales - the supercar market is very small (less than 5,000 units - Porsche 911's aren't supercars) and 95% of their buyers purchase them because they are exotic and expensive - a Corvette supercar isn't going to steal many of their buyers. Where it will do well is with the rich track car crowd, but that isn't going to be more than a couple of hundred buyers per year.
Two different models severely compromises the value and desirability of the cheaper one (as good as a Camaro ZL-1 LE is, no one considers it a halo car, and it sells in far fewer quantities than a Z06), so its sales will drop considerably, which imo, makes the simultaneous sales of the C7 FE and C8 ME a losing proposition for GM. GM's only viable option for selling a ME halo car and FE car was to make the ME a Cadillac - something that now seems unlikely.
Two different models severely compromises the value and desirability of the cheaper one (as good as a Camaro ZL-1 LE is, no one considers it a halo car, and it sells in far fewer quantities than a Z06), so its sales will drop considerably, which imo, makes the simultaneous sales of the C7 FE and C8 ME a losing proposition for GM. GM's only viable option for selling a ME halo car and FE car was to make the ME a Cadillac - something that now seems unlikely.
So a $150K Corvette would be "supercar" but a 911 Turbo or GT3 is not?
Tossing around adjectives like "supercar" and "halo" are subjective at best, and truly mean nothing. I don't see anything on the sticker of my Corvette that says "halo" car. These are terms that people toss around to fit their own definition of specific cars.
If the ME is priced much higher than the FE, that will not affect the so-called prestige of owning a Corvette. People will buy the Corvette they can afford, just as it is now. If you can't afford the ZR1, you buy the Z06. Can't afford the Z06? Buy the Grand Sport, etc. A potential Corvette buyer does not walk away from a Stingray because they can't afford a ZR1.
Those who can't afford a 911 Turbo buy a 911 S. Same thing will happen with the Corvette ME vs the Corvette FE. This is not an exact science...look what happened with the NSX. GM does not have a crystal ball or some master plan from which they KNOW they will sell a certain amount cars. All they can do offer the best car for the best price and hope that sales figures continue in the same ball park or perhaps even grow.
Last edited by VETTE-NV; 04-11-2018 at 12:40 PM.
#340
Pro
Making two models presents the problem of having to split 30-40,000 units between two models, not just one, which increases the costs for both models. Despite what many on here think, a Corvette supercar model in a two model lineup will mostly cannibalize sales from regular Corvette sales - the supercar market is very small (less than 5,000 units - Porsche 911's aren't supercars) and 95% of their buyers purchase them because they are exotic and expensive - a Corvette supercar isn't going to steal many of their buyers. Where it will do well is with the rich track car crowd, but that isn't going to be more than a couple of hundred buyers per year.
Two different models severely compromises the value and desirability of the cheaper one (as good as a Camaro ZL-1 LE is, no one considers it a halo car, and it sells in far fewer quantities than a Z06), so its sales will drop considerably, which imo, makes the simultaneous sales of the C7 FE and C8 ME a losing proposition for GM. GM's only viable option for selling a ME halo car and FE car was to make the ME a Cadillac - something that now seems unlikely.
Two different models severely compromises the value and desirability of the cheaper one (as good as a Camaro ZL-1 LE is, no one considers it a halo car, and it sells in far fewer quantities than a Z06), so its sales will drop considerably, which imo, makes the simultaneous sales of the C7 FE and C8 ME a losing proposition for GM. GM's only viable option for selling a ME halo car and FE car was to make the ME a Cadillac - something that now seems unlikely.
As for the rendering on C & D, I would suggest, from a design standpoint, that it more resembles a Cadillac then a ageless Corvette.
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RoketRdr (04-11-2018)