Autoweek stated that they have reliable sources that General Motors will be placing all of their plans for the C7 Corvette on an â€œindefinite hold, with no official or set timetableâ€. As sad as we are to hear that it doesnâ€™t surprise us. GM has been having problems financially and are trying to come up with ways to save money.
At first we thought that the current C6 Corvette would be receiving upgrades over the next five years and was expecting the C7 to arrive in 2014. That timeframe is now suspended and Autoweek claims that GM has no idea what the future will hold for this model or the rest of the Corvette lineup.
So will this be the end of the Corvette? The vehicle line executive – Tom Wallace – assures us that the coupe is not going anywhere. “We’re still working on future Corvettes,” Wallace said, and “there are changes, some neat stuff, coming for 2010 that I can’t talk about yet.”