Chevrolet announced that an electrified version of the Corvette will be available as early as next year. A fully electric version will follow.

“There is nothing like your home race,” Laura Wontrop-Klauser said of Belle Isle.

A special edition 2022 Chevrolet Corvette Stingray will be revealed Wednesday afternoon at the Raceway at Belle Isle Park in Detroit.

Used car prices are up 20.8% in the Detroit market over the past year. Nationally, used car prices have increased 16.8%, or $3,926, over the past 12 months, compared to most years when they remain constant.

Now GM has unveiled the convertible version with another major new development. For the first time, the Corvette convertible has a folding hardtop rather than a cloth roof. "Our goal from the beginning was to make sure customers didn't have to sacrifice any functionality, performance or comfort when choosing the hardtop convertible," Corvette engineering manager Josh Holder said in a statement. Prices for the 2020 Chevrolet Corvette will start at about $60,000, with prices for the convertible starting at about $67,500. The new Corvette is scheduled to go into production later this year, with the convertible starting production early next year.

DETROIT - The most powerful street-legal Ford Mustang ever built will go on sale this fall. It also has a seven-speed automatic transmission that Ford promises will shift smoothly on commutes and quickly on the track. The Shelby GT500 can go from zero to 60 miles per hour (97 kilometers per hour) in around 3.5 seconds, although Ford didnt release a precise number. Performance powertrain engineering manager Patrick Morgan says the new version is aimed at Mustang enthusiasts who also want track performance. He said the car can go from zero to 100 mph (161 kilometers per hour) and back to zero again in 10.6 seconds.

2020 Corvette has its engine behind the seats, a change that radically alters the car's appearance and, certainly, how it will feel to drive. The model is, arguably, the biggest change for the Corvette since the sports car was first introduced in 1953. The new 2020 Corvette has its engine behind the seats, a change that radically alters the car's appearance and, certainly, how it will feel to drive. "In terms of comfort and fun, it still looks and feels like a Corvette, but drives better than any vehicle in Corvette history," said GM president Mark Reuss. GM has long toyed with the idea of a mid-engined Corvette.