GM said it would invest 290 million dollars in its Corvette plant in Kentucky, a sign that the next generation sports car is coming soon.
General Motors said it would spend the money to upgrade and modify the Bowling Green Assembly plant, the home of the iconic Chevy Corvette, for technology and manufacturing improvements, but without revealing whether the enhancements – planned to begin this summer – are for a new version of America’s sports car. This new investment complements another two announced last year, when the automaker committed to put 439 million dollars into a new paint shop at the facility and 44 million dollars to support increased capacity in its Performance Build Center.
“We are making technology investments that will continue to improve our manufacturing processes and ultimately the quality of our vehicles,” said North American Manufacturing Manager Arvin Jones. “We are putting Corvette customers first by building upon our world-class manufacturing process.” Corvette production began in 1981 in Bowling Green, following assembly in Flint, Michigan, and St. Louis.
According to a recent report from Car & Driver, the next Corvette is said to make its debut during the 2018 North American International Auto Show in Detroit as a 2019 model year and, most importantly, it is rumored to feature a mid-engine setup. However, considering the fact that the current generation has been on the market only since 2014, some say the 8th will come no sooner than 2020.