Final production C7 Corvette, a 2019 Z06, to be auctioned in June

2020 Chevrolet Corvette confirmed for July 18 debut

Now that it has been finally, officially confirmed by Chevrolet that the upcoming C8 generation of Corvette will be mid-engined, it's time for the C7 to end its production run.

It's just the thing to make the hearts of Corvette fans race: A new rendition of the classic sports auto is coming.

Chevrolet has been toying with the idea of a mid-engine Corvette since the 1960s, but has stuck to the front-engine layout since the first one went on sale in 1953, despite the limitations of the design.

The new sport vehicle has been photographed undergoing road tests for months. This particular prototype was being driven by Corvette chief engineer Tadge Juechter with General Motors CEO Mary Bara taking up the co-pilot seat. As far as we know there's no significance around that date.

This first Corvette C8 model we will see in July is the base Corvette Stingray, which will kick off the lineup. The engine will also be renamed LT2 to reflect its new location in the vehicle.

Additionally, Car and Driver reports the sole transmission option will be a seven-speed automatic supplied by Tremec - goodbye manual, it seems. And at the top of the range will a twin-turbocharged 5.5-liter DOHC V8 that could generate in excess of 800 horsepower.

We hear Chevrolet will hold the line on pricing for the 2020 Corvette, despite its monumental philosophical shift and abundance of new technology.

The sale of the last C7 "will help us provide more injured veterans with the independence they deserve", said Siller Foundation chairman Frank Siller, Stephen Siller's older brother.

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