GM CEO Says Corvette Pays Its Rent And Is In No Danger

The future of the Chevrolet Corvette is secure, General Motors CEO Fritz Henderson says, even as GM dramatically slashes its size and costs.

In an exclusive interview with AutoWeek, Henderson says that not only is the Corvette's current platform undergoing continual development, but the future seventh-generation car, dubbed the C7, also is on track.

He would not specify when the C7 Vette would hit showrooms.

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thstone - 5/6/2009 6:00:04 PM

-2 Boost

Sure the 'Vette is safe. Safe until the the bankruptcy judge decides that the ROI on the Corvette is crap compared to family sedans and axes it. If you're in the market for a 'Vette I wouldn't hold out for the C7.

Agent00R - 5/7/2009 1:10:16 AM

+5 Boost

I disagree.

Chevy needs the Corvette, it's their halo car.

KZ258 - 5/7/2009 10:07:27 AM

-1 Boost

without the corvette, chevy could be done for

Type707 - 5/7/2009 12:29:06 AM

-2 Boost

Agree. Corvette is probably the only car thats upholding GM right now.

B7FAN - 5/7/2009 7:39:33 AM

-1 Boost

The Vette and the Tahoe

thstone - 5/7/2009 7:31:25 PM

+1 Boost

HEY! Anyone read that GM is burning through $113M per DAY? Like they have any money to waste on halo cars.