The wait is over, folks! The new Chevrolet Corvette has been unveiled, with power from a mid-mounted (!) V8 engine – and it's coming to Australia!
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The eighth-generation 2020 Chevrolet Corvette has been revealed, finally confirming one of the worst-kept secrets in motoring.

It's official, the new Corvette is mid-engined. Nestled behind the cockpit in the 'base' Stingray is a 6.2-litre naturally-aspirated V8, powering the rear wheels through a new eight-speed dual-clutch transmission.

With 370kW of power and 637Nm of torque, the new 'Vette will hit 60mph (97km/h) in less than three seconds from standstill.

That impressive time is largely down to the transmission, which boasts an ultra-low first gear and closely-stacked middle ratios for eye-popping acceleration.

There's also Launch Control and an electronic limited slip differential on hand, both of which help channel the car's all-American grunt to the road off the line.

Interestingly, pulling the paddles in any gear, at any speed will disengage the clutches. Ideal for revving the engine at the lights, or 'clutch-kicking' your car sideways on the track.

Of course, Chevrolet wants the Corvette to be about more than just straight-line performance. It wants the car to be a star-spangled corner-carver, capable of taking on the best Europe has to offer.

With that goal in mind, the company has used a double wishbone suspension as standard, or the latest iteration of Chevrolet's magnetic ride control (MRC) as part of the optional Z51 Performance Pack. That shapely nose can be protected by a GPS-backed nose lifter capable of memorising 1000 locations to automatically raise.

There are five levels of stability and traction control, along with a raft of options for the engine and transmission.

Despite switching from front- to mid-engined, there's no mistaking the new Corvette for anything but, well, a Corvette. The nose is home to a set of angular, angry headlamps with a new triangular light signature, while the bumper houses a trio of air intakes.

The bonnet, roof and flanks are all pumped-up with myriad creases, and there are prominent air intakes ahead of the rear wheels to cool the car's mid-mounted heart. There are also big vents in the rear bumper to cool the engine.

They received mixed reviews upon first impression, but the Camaro-style tail-lights look far more 'Corvette' when viewed with the rear as a whole. Chevrolet claims 400lb (180kg) of downforce from the new aerodynamics package.

Inside, the C8 adopts an aggressively driver-focused approach. There's a fully-digital instrument binnacle, while the infotainment screen is angled towards to the driver as well. As revealed earlier this morning, the centre console is largely devoid of buttons, with most of them "intuitively laid out and minimised" on the rising trim element separating driver from passenger.

There's plenty of red highlights in the launch car, but a total of six interior packages will be offered at launch. Three seat shapes will be offered ranging from road-oriented to kidney-hugging in design.

Because the driver is sat further forward, Chevrolet says the new Corvette will be easier to see out of, and offers more seat adjustment for taller passengers. The company also says it's easier to enter/exit than a tub-equipped supercar.

In the USA, the Corvette will be priced from under US$60,000 – equivalent to $85,000 in Australia.

Australia

The new Corvette will be coming to Australia as a factory right-hand drive vehicle in late 2020 or early 2021.