GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed
Publishing timestamp: 2024-07-25 19:30:01
Summary
General Motors has announced that the 2025 Chevy Corvette ZR1 will be the most powerful version of the American sports car ever produced, with a twin-turbocharged, 5.5-liter, V8 engine capable of more than 1000 horsepower. The ZR1 joins the Corvette family, leveraging the reputation of the quintessential American sports car to boost revenue and sales. GM is also considering an all-electric Corvette and a Corvette SUV in the future. Wall Street analysts believe that expanding the Corvette brand could be worth billions of dollars.
Sentiment: POSITIVE
Tickers: GM,
Keywords: business, breaking news: business, business news, autos, general motors co, transportation,
Source: https://www.cnbc.com/2024/07/25/gm-chevy-corvette-zr1-performance.html