Mid-Engined 2020 Chevrolet Corvette C8 Will Debut This July

General Motors has admitted that the next-gen C8 is on the way.

General Motors has finally admitted that the Chevrolet Corvette will drop in the form of a mid-sized engine 2020 C8 - and it's coming this July, per Car And Driver.

The car has been talked up for the past five years and has been the cause of major suspense for possibly just as long, with spy photos popping up all over the internet throughout. GM, though, have kept mum until now.

The photos on here, though, are the first to come from Chevy themselves and their admission that the car is indeed in the works is also a first for the automotive makers as GM CEO Mary Barra has revealed that she's gotten a ride in the thing and was driven around by Corvette chief engineer Tadge Juechter.

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via caranddriver.com

The announcement was made at the Siller Foundation charity gala in New York on Thursday. And, while Chevrolet is steering clear of disclosing the car's specs, spy photographers have shed insight on the in interior and powertrain.

The base Corvette Stingray will be the first C8 to debut in July and units from the lineup will continue to roll out after that. According to the source, the C8 will use an upgraded version of the current car's pushrod 6.2-liter V8 and the thinking is that it will be made to produce around 500 horsepower. The engine will also be called the LT2, with the rebranding to reflect its new position in the car.

Manual purists are likely to be disappointed by the fact that a dual-clutch seven-speed automatic Tremec-supplied gearbox will be the only transmission option, however.

Additionally, several high-performance variants will follow soon after, with the likes of the Z06, ZR1, and a range-topping hybrid possibly bearing the Zora name to launch in the wake. The Z06 is expected to carry a DOHC 5.5-liter V8 engine with a flat-plane crankshaft while the ZR1 will see twin turbochargers added.

The Zora could get the twin-turbo V8 and an electric motor in the front axle, something which would make it the most powerful Corvette around as the combined power could touch 1000 horsepower.

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