SharkDiverZ06

A large change to CAFE rules and a large increase in the federal gas tax will devastate ICE vehicles, and these changes are coming. The auto makers have a very small window available to them to capitalize of this final iteration of ICE vehicles, and they are going to do everything they can to push newer, higher margin product out the door as quickly as possible. I am guessing you have never worked for a large manufacturing concern, and certainly not an auto manufacturer that is subject to excessive government regulation...Am I right? Not picking on you, but it is clear that you are in over your head on this subject.

Racer X

You don't get it they can only produce so many cars, why wouldn't want to sell the mix that makes them the most revenue and profit. Also you assume it will push anyone back. That is not how it works. First, a fair number of the existing people in line will simply convert their orders to Z06s. second there are many people already in line for a Zo6 so the base orders are not really being pushed back. There will be allocations for each option, as always. The C8 base model development dollars will not be wasted in anyway, the vast majority of the same stuff will get used. Oh, and the whole generational plan included all these models from the beginning. They have plans that go out 8-10 years. The leaked North American engine plan went from 2016-2024. They are not planning things just for the next model year.

Do you not understand this has already happened once in the C8 generation and it did not cause a huge calamity. That was when they introduced the convertible. The world did not end and there were no pitchforks and torches.

SharkDiverZ06

Guessing you also have no fortune 500 manufacturing or auto manufacturing experience. If you didn't go to business school, and you haven't worked in or around highly regulated manufacturers your entire career, you can't expect people that have to take your opinions seriously...And looking for logic in a process you don't understand is a fool's errand.

thill444

That's easy they just pass a higher gas tax to the consumer. I think the GT500 is around a $3K gas guzzler tax. If you can afford a $100-130K+ Corvette you can afford a $3-5K gas tax.

Stardompromo

Personally I have a Stingary on order. The longer it took to get my order in the easier it was becoming to just wait for Z06. If Z06 was announced next month I would drop my order and many others would also. The stingary market, hype would immediately feel the impact of the Z06 announcement. This ain’t C7 this is C8. Used Stingary’s would everywhere guaranteed. It’s too early for Z06!

Red Mist Rulz

Speculation, rumor and click bait. The YouTuber has no more inside information than I do. And I have none.

Anyone who knows is under an NDA and isn't talking, and anyone who's talking doesn't know. GM takes it's NDAs seriously. Remember how a couple of people posting all sorts of information here just suddenly disappeared back in 2019?

thill444

Well then we should see and announcement for the Z06 to start getting produced very soon using your logic. It would be a 2021 year model car and they would need to start building them this summer.

thill444

The problem is the list to buy a C8 Z06 is already very long. Let's say they announce the Z06 in May/June and it starts shipping in September. If you don't have your name on the list now you may not get one until late 2022, maybe 2023. They still are way behind on C8 base production with thousands and thousands of allocations to fill. If you cancel your C8 it doesn't mean GM won't build it for a C8 Z06. It means the dealer will sell it to someone else and then you get bumped to the back of the line for the Z06.

Red Mist Rulz

But BGA's production capacity is limited. They can't add 15,000 Z06s to the production schedule without removing 15,000 Stingray's from the schedule. So yes, making Z06s does cannibalize Stingray deliveries.

One of GM's goals with the C8 was to attract new buyers who never looked at Corvettes before. They've succeeded so far. If they slow production of the Stingray, and lot of those potential buyers may decide to look elsewhere. I'm not claiming any inside knowledge, nor making any predictions. Just pointing out that maximizing revenue isn't the only factor GM might consider.

SharkDiverZ06

You're conflating a "gas" tax with a "Gas guzzler" tax...These are two different things. A federal "gas" tax is a tax that is applied to every gallon of fuel sold, so if the "gas" tax was raised by $5 per gallon, your cost at the pump would jump to $7 or $8 a gallon at the pump. Or if the government really wants to increase the sale of electric vehicles, they can increase that "gas" tax to $10 per gallon. How many folks are going to buy a new ICE Corvette if the cost of a gallon of fuel is $13?

SharkDiverZ06

Walk me through how you arrived at this conclusion.

Trustym

I'm not trying to speak for him, but I think he means that if their only goal is to get the Z06 out there as quick as possible to make money, then they would announce it ASAP and start producing it ASAP. That's what others are saying as far as making money for GM. He's simply replying to other posters logic regarding this.

Z0HS1CK

Damn. And everyone went crazy when I said itll start at 95k lmao

thill444

Yep and people keep ignoring the fact that GM produced almost twice as many C7's at this point than C8's. It's not just that the demand for the C8 is so high, it's that the production is so much lower. By the time they built the first 5-6K C7 Z06's they had already built about 60K base C7's and were able to satisfy the initial allocations and demand.

What is being proposed here it that GM drastically cuts back on base C8 production and tell people who have been waiting 6, 9, 12+ months too bad, we want to build a more expensive model and you need to wait another 6+ months. Maybe longer. Not a good customer service experience for someone who has waited and at some point will become frustrated and take their money somewhere else. At this point the Z06 has not even been announced and nobody has submitted an order so it's easier to delay that group than to cancel or delay orders for people who already have deposits or orders submitted.

SharkDiverZ06

Bur who said this would result in the new Z being released as a '21 model year? He is conflating "as quickly as possible", with a model year '21 release, and I don't know anyone who has predicted this, least of all me.

thill444

If the government raised gas prices to $10-13 a gallon it would collapse our economy. Stop being ridiculous. Could gas prices go up to $4-5 (National average) a gallon in the future? Very possible. Would that stop someone from buying a Z06? Highly doubtful. Most Corvette buyers are not driving 10-15K miles a year. I bought my C7 used and the previous owner had it 9 months and put under 1800 miles on it. These are toys for most people and garage queens. $4-5 gas would likely have no affect on Z06 sales.

Trustym

I can't answer why he directed at you. And while no one is saying it will be a '21, there are many saying that they wouldn't wait at all because of profit, which if were the case they would just do it now.

thill444

The previous posts (not all you) advocated that GM has already sunk the costs into the Z06 production and that they would release it sooner to make more money. The video that everyone is trashing (that I mostly agree with) says he thinks the Z06 will be released in 2022 (later in the year) but that most people would not get their Z06 allocation (if you are on the list now) until 2023.

The C7 was released as a 2014 model year car and the Z06 was released as a 2015 MY car. If I am tracking what people are saying the C8 Z06 should be no different. I doubt the Z06 will be a 2021 MY car and we don't know when GM will shift to 2022 MY Corvettes (it might get delayed like the 2021 did) so when are you predicting the Z06 will start shipping? If not this year then when? And how is that so far off what the guy in the video is saying then?

Racer X

Strange that is not what happened at my dealer when the convertible came out. I was originally number 19 on the list at my dealer. When the convertible was announced, I switched to the convertible. It didn't change my position immediately. There were others in front of me that also switched. The dealer got what allocations they got each month. If someone wanted a convertible and they didn't have a convertible allocation, a coupe moved up. Just like would happen with any other constraint. If I would have accepted a coupe I would have gotten my car earlier. So in my dealer's case, the convertible coming out actually moved some coupe buyers up the list.

Why do you keep ignoring what actually occurred with the convertible? They have already done this exact same thing. No disaster occurred as a result. The Z06 will come out when they are ready to produce it. If they planned for it to come out in 2022 model year, and it is ready for production, then that is when it will come out. You can't just call up a manufacturer that already has a full production schedule and say I need you to ship me 300 turbo's a week starting next week, when he had you scheduled for 8 months from now. It just doesn't work that way in modern "just-in-time" manufacturing. Manufacturing lead time is a real thing.

SharkDiverZ06

You're pretty funny. If the government passes a law that the gas tax will go up $1 per year for the next 10 years, just for example, so don't stroke out on me here, the auto makers would be incented to stop ICE R&D and put everything into electric vehicles as it would be obvious that new buyers would be flocking to electric over ICE. Just the THREAT of fuel prices spiking in the near future would be enough to force the manufactures to abandon ICE vehicles. You do understand that the government uses taxes as a method to control corporate behavior, right? And they don't have to go as far as "collapsing our economy" to do it. Are you a drama teacher?