Dow gives back 0.2%. Watch these stock charts: NKE, S, CREE >>> READ MORE

2014 Corvette Will Cost Consumers More

It features a 450 horsepower V-8 engine and Bose speakers


corvette C7When General Motors (NYSE:GM) 2014 Corvette Stingray hits dealer showrooms in September 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.

General Motors CEO Gets Hefty Pay Raise
General Motors CEO Gets Hefty Pay Raise

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 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.

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

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC