2014 Corvette Will Cost Consumers More

by Christopher Freeburn | April 29, 2013 11:09 am

corvette C7 300x225 2014 Corvette Will Cost Consumers More[1]When General Motors (NYSE:GM[2]) 2014 Corvette Stingray hits dealer showrooms in September[3] it will feature a fresh design and a heftier price tag.

The new Corvette will cost buyers $51,995 including destination fees, $1,400 more than the current-year model, the Los Angeles Times notes.

For the extra cash, 2014 Corvette owners will get angled headlamps, designed to boost its attractiveness to younger car buyers, a choice of seven-speed manual or six-speed automatic transmissions, and improved 450 horsepower from a 6.2 liter V-8 engine.

Also included in the seventh-generation Corvette is an 8-inch touchscreen controlled music and information system, featuring Bose speakers.

A convertible version of the 2014 Corvette Stingray will also be available, starting at $56,995.

Late last year, the automaker announced that the new Corvette would debut[4] at the 2013 Detroit Auto Show.

The newest Corvette design, which revives the Stingray name, arrives in showrooms in time for the 60th anniversary of the Corvette’s 1953 introduction[5].

Shares of General Motors inched up fractionally in Monday morning trading.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2013/01/corvette-C7.jpg
  2. GM: http://studio-5.financialcontent.com/investplace/quote?Symbol=GM
  3. hits dealer showrooms in September: http://www.latimes.com/business/autos/la-fi-hy-autos-chevrolet-corvette-stingray-pricing-20130426,0,4922857.story
  4. that the new Corvette would debut: http://investorplace.com/2012/11/c7-corvette-general-motors-upscale-upside/
  5. 60th anniversary of the Corvette’s 1953 introduction: http://investorplace.com/2013/01/corvette-turns-60-gets-massive-makeover/

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