After years of speculation, Chevrolet is finally going to build a mid-engine Corvette.Expected to debut at the 2018 North American International Auto Show, the all-new model will reportedly be launched by next fall.

Chevrolet hasn't said much about the car but Automobile Magazine is reporting the model will be powered by a small block V8 engine. There's no word on specifications but the report suggests the model could eschew the turbocharged 4.0-liter V8 that is expected to power a number of new Cadillac vehicles including the 2020 Escalade.

While it sounds odd the Corvette wouldn't be equipped with the company's newest engine, the report suggests that particular engine could see use in a Cadillac version of the sports car. The two models would obviously feature unique styling and the different powertrains would help to further distinguish them.

The Cadillac variant is little more than a rumor at this point but when the next Corvette arrives, it could cost significantly more than today's model which starts at US$ 55,495. Estimates vary widely as the report says pricing could start anywhere between US$ 65,000 and US$ 95,000.


The model is expected to be sold alongside the C7 for up to a year and that will give fans a chance to pick up the C7 ZR1 which is expected to have more than 700 hp.