Chevrolet confirms C7 Corvette to end with 2019 model year, with new, mid-engine C8 Corvette debuting as a 2020 model.
General Motors will auction the final production seventh generation Chevrolet Corvette this summer, with the proceeds benefiting the Stephen Siller Tunnel to Towers Foundation.
The announcement, along with confirmation of the Next Generation Corvette’s development, was made this evening by General Motors Chairman and CEO Mary Barra, who was honored at the foundation’s annual Footsteps to the Future Gala in New York.
“GM, GMC and Chevrolet support the Stephen Siller Tunnel to Towers Foundation and its commitment to injured and fallen military members, first responders and their families,” said Barra. “The sale of this iconic Corvette will help the foundation continue its good work, and pave the way for the Next Generation Corvette that we will introduce on July 18.”
The final seventh gen Corvette — a black 2019 Z06 model — will be auctioned at the Barrett-Jackson Northeast sale in Connecticut June 28.
Every dollar of the winning bid will go to the Stephen Siller Tunnel to Towers Foundation, named for New York City firefighter Stephen Siller, who died during the Sept. 11 attacks. The foundation builds mortgage-free, accessible smart homes for the most catastrophically injured service members and helps pay off the mortgages for families of first responders killed in the line of duty.
“The Stephen Siller Tunnel to Towers Foundation thanks GM, GMC and Chevrolet for supporting the brave men and women of our armed forces and our first responders,” said Frank Siller, chairman and CEO. “This generous gift will help us provide more injured veterans with the independence they deserve.”
For the past five years, GM has supported the Stephen Siller Tunnel to Towers Foundation as its national foundation of choice. In that time, it has helped the foundation raise more than $10 million. That includes $2.2 million raised last year, with $925,000 of it coming from the auction of the first production 2019 Corvette ZR1. It was purchased by Chevrolet dealer and NASCAR team owner Rick Hendrick at the 2018 Barrett-Jackson Scottsdale sale.