Chevrolet working on a low-cost Corvette for 2015

2014 Chevrolet Corvette Stingray

According to a new report from Motor Trend, Chevrolet is currently preparing an entry-level version of the 2014 Corvette Stingray for 2015.

Specifically, the low-cost Corvette Coupe will not wear a Stingray badge and compared to the 2014 Corvette Stingray, it will get a new front fascia, modified fenders and a different diffuser.

Motivation will reportedly be provided by an all-aluminum direct-injection 5.3-liter V8 engine which is similar to the one used in the new GM trucks. This likely means the engine will develop less than 400 hp.

The 2015 Chevrolet Corvette Coupe could cost less than $50,000, before factoring in incentives.

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