Corvette C7 delayed until 2014

First rumors said the new Corvette C7 would be revealed sometime in 2011, but now it seems there will be a longer wait for the next generation of the gas-hungry American icon. General Motors has delayed the next generation Covette C7 until the 2014 model year.

This delay comes with some good news for Corvette purists. The idea to go mid-engined looks like its been scrapped due to budget concerns of creating a totally new car. Other possible good news is that by the time the new Corvette hits the streets we may have sorted out the gas crisis, and the rumors of a V6 base version (a sin in Corvette circles) may have time to die out.

Both pieces of news are nothing new to Corvette. The C6 was introduced in 2005, and by the time its replaced, the nine-year life cycle is almost average for the sports car (the C3 lasted for fourteen years and the C4 was around for twelve). As far as a V6 under the hood, the Corvette’s first engine was a V6, the V8 wasn’t available until two years later.