Wednesday, April 6, 2011

Kentucky reportedly approves incentives for next Chevrolet Corvette - but will GM bite?

Filed under: , , , ,

2010 Chevrolet Corvette Super Sport
Chevrolet Corvette Convertible Grand Sport - Click above for high-res image gallery

Last summer, there was some wild speculation that the next-generation Chevrolet Corvette could be produced at a plant other than the legendary Bowling Green, Kentucky facility that has built the iconic sports car since 1981. Not true, a General Motors spokesperson told us at the time, but a report from a Lexington, KY NBC affiliate may suggest otherwise.

The site reports that the bluegrass state has approved $7.5 million in tax incentives for a future $131 million expansion of the plant, presumably to accommodate the next-generation Corvette. That's just an offer, though, as local GM spokeswoman Andrea Hales told the affiliate that The General is considering other sites for the investment, and that the automaker has nothing to announce at this time.

Is GM giving us a hint that the C7 Corvette could be built elsewhere, or is the automaker simply holding out for more incentives from the state of Kentucky? We have no idea, but we wouldn't be surprised to learn that GM is doing its due diligence and shopping around. Corvette sales have been anemic the past couple of years, and it may not make sense to keep Bowling Green open if it's only building a vehicle that struggles to hit 1,000 sales in a given month. Top tip, Taylor!



Photos copyright (C)2009 Sam Abuelsamid / AOL

[Source: Lexington 18]

Kentucky reportedly approves incentives for next Chevrolet Corvette - but will GM bite? originally appeared on Autoblog on Mon, 04 Apr 2011 10:28:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Source: http://www.autoblog.com/2011/04/04/kentucky-approves-incentives-for-next-chevrolet-corvette-but-w/

European Auto Car Service Car Repair Mini Auto

No comments:

Post a Comment