Chevrolet will auction off the last front-engined Corvette


Chevrolet tweeted a teaser of the eighth-generation Corvette on Thursday, and the prototype was actually driven through NY with General Motors CEO Mary Barra riding shotgun.

At long last, General Motors is admitting that the Corvette will reach another generation and has confirmed that the car-yes, the real, bona fide 2020 Chevrolet Corvette C8-will make its official debut July 18. Code named "Zora" after the Corvette's first chief engineer, Zora Arkus-Duntov, the C8 will be the first-ever mid-engine Corvette.

We finally have a date, folks! However, we've heard plenty of rumors about what will be going into this Porsche, Ferrari, Lamborghini and McLaren slayer.

The base model will likely use an upgraded version of the 6.2-liter V8 engine that now sits in the Corvette C7 and Camaro SS. Expect the new Corvette to cost around $62,000 to start, an increase of around $5000 compared to the C7 Stingray's starting price of $56,995.

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We believe the upcoming high-performance versions will use an all-new engine.

Finally, we have our fingers crossed for the hybrid version, which will add electric motors to the front wheels, making the vehicle AWD and boosting power above the four-figure benchmark.

Additionally, Car and Driver reports the sole transmission option will be a seven-speed automatic supplied by Tremec - goodbye manual, it seems. But as good as the C7 is and has been, it has been slightly overshadowed by the imminent and much-rumored mid-engined C8, which we first saw spy photos of-and thus got confirmation of-in 2015.