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Chevrolet Corvette Shatters Sales Records!

Carl Smith by Carl Smith
November 13, 2024
in Latest News
Reading Time: 2 mins read
0
Chevrolet Corvette Shatters Sales Records!

In a surprising turn of events, the Corvette has outperformed its competitors in the sports car market. With an impressive 5.2% increase in sales during the first half of 2024 compared to the previous year, the C8-generation Corvette is on track to have a better year than 2022.

Last year, dealers across the nation sold a total of 34,353 Corvette units, following the success of the 34,510 units sold in the preceding year. What makes this achievement even more remarkable is the fact that the Corvette has no direct competition. In fact, in the first quarter of 2024 alone, General Motors sold more Corvettes than Porsche did with their iconic 911 and 718 sports cars. Unfortunately, Porsche Cars North America has yet to release their sales report for the second quarter of 2024.

While the Corvette’s success is undeniable, it is interesting to note that the Mustang, with its free-breathing V8 engine, also had a strong performance in the first half of the year. Ford reported sales of 27,444 Mustang units during this period, although it remains unclear how many of these were equipped with the 5.0-liter Coyote V8 or the standard turbo four.

The Corvette’s transition from the C7 to the C8 generation brought about significant changes, including the abandonment of manual transmissions. This decision was influenced by the shift from a front-midship layout to a rear midship design. The C8 was specifically developed with a quick-shifting transaxle from Tremec, featuring different production codes for the Stingray, E-Ray, Z06, and the upcoming ZR1 models.

In recent news, GM has trademarked the name “Zora” in Mexico. This name pays homage to Zora Arkus-Duntov, the GM engineer who advocated for a mid-engine Corvette during his time at General Motors. Although Zora never witnessed the realization of his dream with the C8, it is believed that the electrified version of the ZR1 will bear his name. The exact details of the Zora model are still unknown, including whether it will utilize the front electric drive unit from the E-Ray or feature a multi-motor solution similar to the Ferrari SF90. However, enthusiasts can expect the Zora to deliver an impressive power output of around 1,000 horsepower, surpassing the ZR1’s estimated 800 horsepower.

Looking ahead, both the S650-generation Mustang and the 992-series Neunelfer are set to embrace hybrid technology in the coming years. The Mustang is expected to go hybrid in 2025, while the Neunelfer has already introduced the Porsche T-Hybrid system in the 911 Carrera GTS and 911 Carrera 4 GTS for the 2025 model year. Alongside a new 3.6-liter boxer engine with an electric turbocharger, these hybrid advancements aim to enhance performance and efficiency in these iconic sports cars.

Photo: Chevrolet

Tags: Chevrolet Corvette
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