Vette C8 pricing to start at $155k

Distributor’s sharp-edged strategy will surely sting independent importers.

CORVETTE’S official distributor has steered clear of thought that its pricing for the new-generation car, announced today, has been tailored to deflate grey importers who have been asking much more for the model.

GMSV official reason for announcing pricing now, and not closer to the car’s late-year arrival, is that it wants to kick off an order bank because supply will be limited.

General Motors will start building the NZ-bound C8s at the type’s famous plant in Bowling Green, Kentucky, in the last quarter of this year with hope some will hit GM Speciality Vehicles’ seven national sales outlets before Christmas.

 Planned or otherwise, the distributor’s Model Year 2022 cars are massively cheaper than left-hook examples that are already here.

GMSV’s NZ plan kicks off with a 2LT Coupe at $154,990 and a 3LT Coupe for $169,990. Those variants also provision as convertibles, carrying a $15,000 premium.

There is also a Carbon Edition launch special Coupe that has yet to be priced.

All run a 370kW/637Nm 6.2-litre V8 paired to an eight-speed dual-clutch automatic that drives the rear wheels. The C8 is the fastest Corvette yet, with a claimed 0-100kmh time of three seconds (which some independent testers claim to have bettered). 

At least half a dozen independently imported examples of the car often described as America’s answer to Ferrari and Porsche supercars are presently being advertised by private importers.

These cars – apparently shipped directly from the United States or from Japan, which accepts left-hand drive cars - are being advertised on TradeMe from $200,000 to close to $250,000.  

At least one importer appeared to have slashed pricing today, though not enough to achieve anything equality with the factory-appointed distributor.

Full details of the NZ-market models have not been shared, but GMSV NZ has assured they will not be low spec cars.

For instance, all NZ-bound official product will have as standard a Z51 performance pack and frontal lift that seems to be an option in the United States.

The Z51 package includes a dual mode exhaust, performance suspension with ‘Magnetic Selective Ride Control’ (magnetic active dampers that react and adjust within milliseconds), larger Brembo brakes, electronic-limited slip differential, a front splitter, rear fascia-mounted spoiler, extra cooling provisions and specific rear axle ratio.

GMSV here says it added the features because it recognised customers as performance enthusiasts who will want to enjoy the car to its fullest potential. 

The frontal lift is a push-button technology that lifts the front suspension at the press of a button at low speeds, so the front bumper doesn’t scrape on steep driveways.

The 2LT base model also has a colour head-up display, 14-speaker Bose audio system, the Z51 performance pack and frontal lift. The 3LT and Carbon Edition build off this.

The latter is based off a 3LT Coupe and will feature hand-picked interior trims, premium wheels and brake calliper package, an exclusive build plate and owners pack.

A spokesman said supply of the car will be constrained for some time, “due to the global popularity of the vehicle.

“Our focus at launch is to ensure that all GMSV dealers in NZ and Australia have an initial first allocation of one Carbon Edition each and one selling vehicle with two additional units available for customer order.

“Following the initial launch stage, further allocations will be available next year. 

“GM has a certain RHD production capacity, so this consideration coupled with significant demand means there is every likelihood that demand will exceed supply.” 

The Corvette nameplate goes back to 1953 but the latest, eighth generation model, is the first to be available as a factory-built right-hand-drive.

It is also the first to feature a mid-engine configuration.

In addition to the Corvette, GMSV has announced a new derivative of the Chevrolet Silverado large utility, the LT Trail Boss. 

Deliveries of the $119,900 model commence mid-year.

As the name suggests, the Trail Boss is designed to be a more versatile off-road product than the LTZ Premium that has already installed in the market.

“LT Trail Boss is purpose-built, born to perform, offering rugged dependability in off-road settings when exploring on the weekend, but is also at home in urban environments during the week,” says GMSV NZ general manager Matthew Taylor.

“It will enable big thrills and big adventures - it’s a way to really enjoy and experience the road less travelled.”

The Trail Boss achieve a factory-fitted suspension lift-kit, which increases ride height by approximately 25mm at the front and 30mm at the rear. It also takes a mechanical rear locking differential and 18-inch painted black aluminium wheels. Hill Descent Control, a heavy-duty air filter and protective all-terrain skid plates complement the all-round off-road package.

The driver receives a heated, leather-wrapped steering wheel and, together with the front passenger, enjoys a 10-way power and heated seat.

The vehicle achieves a towing capacity of 4.5 tonnes and runs a petrol 6.2-litre V8 coupled with a 10-speed automatic transmission. 

The column-mounted gearshift selector is a historic throwback – GMSV explains that configuration provides space for a large centre console which acts as a storage chest, capable of hiding away large and bulky items. 

A remote vehicle starter system, consisting of Keyless Open and Start, adds to convenience features.

 Access to the LT Trail Boss was achieved thanks to GMSV’s direct line to Detroit, where the request was made to supply the Australian and New Zealand markets and then remanufacture to right-hand-drive by Walkinshaw Automotive Group.

GMSV rolls into action, starting with a familiar big pick-up

The Chevrolet Silverado has a new custodian – will it also get a new price?

THE big American pickup that saw out Holden Special Vehicles has returned to this market in identical form but with a new distributor, this time directly aligned with General Motors.

Confirmation that the Chevrolet Silverado 1500 - which landed in limited count from April - will lead the push by General Motors Specialty Vehicles, with the Silverado 2500 and Corvette C8 sports car to follow next year, has been expected.

 The new operation says it cannot yet release the 1500’s price yet. Does this raise speculation that the model under GMSV might not cost as much as it did under HSV, which laid down a base sticker of $123,990?

That’s yet to be clarified by the new operation – which has effectively picked up the HSV dealers network in NZ.

The changeover was long expected but could not be officially announced, let alone swung into action, until HSV ceased to be. That happened at the end of October.

 The Silverado we get now is as before, including how it is made. The vehicle is  remanufactured to right-hand-drive by Walkinshaw Automotive Group in Australia, at the same plant that does the same job on RAM trucks. 

The New Zealand operation involves Kiwis who were well known at Holden New Zealand. The general manager is Matthew Taylor, who joined Holden NZ in 2017 and was product marketing manager then national sales manager. Prior to that, he was with Bayford Group and had positions with BMW and Volkswagen in Australia.

GMSV’s NZ communications are in the hands of Ed Finn, who held the corporate communications role at Holden NZ.

Also, Marc Ebolo, the last boss of Holden NZ, is now the new managing director of General Motors in Australia and New Zealand. That position sees the Melbourne native leading Holden Aftersales operations in both countries, as well GMSV regionally.

GMSV see good potential for the Silverado, stating believe that North American full-size trucks are redefining the ute market here and in Australia.

The 2021 Chevrolet Silverado comes with a 6.2 litre EcoTec3 V8 petrol engine married to a 10-speed auto transmission. The drivetrain has auto stop/start technology and a fuel management system. 

Towing capacity is 4.5 tonnes. It has a tow/haul mode, trailer sway control, hill start assist and auto grade and cruise grade braking.

Said Taylor: “Kiwis are renowned adventurers and love getting off the beaten track into the great outdoors, and the new Silverado 1500 will be the perfect vehicle to help enhance this experience.

“In addition to its all-wheel drive go-anywhere capability, it's also the ideal vehicle for people who want the ability to tow 4.5-tonnes as well as enjoy a wide range of creature-comforts.”

Holden taking stock

If you’re up for a new Holden fresh off the boat … then, good news.

SOME have moved on from the franchise, many have pulled down the signage – but for the few yards still sticking by Holden, there are still cars to sell …. including a surprise final shipment.

Talk about a last-minute consignment of Astras and a couple Commodores from Opel has been circulating the traps.

It’s thought these are cars Holden tried to cancel, only to be told by the Germans ‘you ordered ‘em, you’re getting ‘em’.

They should have been here well before now but had been further delayed by Covid-related assembly and shipping issues.

What happens next to the cars has not been made clear. Unsold Holdens here already are subject to clearance sale. There’s talk that this stock might be registered by the end of the month, then on-sold – perhaps firesaled – as used vehicles. 

It’s no use asking Holden New Zealand: That operation is down to skeleton staff and one of the first out the door, at the end of June, was its corporate affairs manager. It was just how the redundancy schedule rolled.

All this occurs as Holden goes into its death throe. While the brand doesn’t officially cease until December, the new vehicle sales side might well have resolved by then.

Certainly, quite a few franchises have also moved on. The country’s oldest Holden outlet, Wagg Motors in Masterton, is now selling Hyundais. The Auckland and Wellington retailers have pulled down their hoardings. It’s thought fewer than 10 franchises are still operating as sellers of new Holden cars. 

The special vehicles operations responsible for the Chevrolet Silverado truck and incoming product including the Corvette and – according to rumour – a hot Cadillac sedan, has yet to transfer from Holden Special Vehicles to new operator General Motors Special Vehicles. Some current HSV dealers in this country are already lining up to be GMSV agents. And GMSV has already appointed a general manager for New Zealand.

Appointed by GMNZ in August, Matthew Taylor is a former Holden NZ employee. HE joined that operation on 2017 and was product marketing manager then national sales manager. Prior to that, he was with Bayford Group and had positions with BMW and Volkswagen in Australia. He has declined to be interviewed.

In Australia, meantime, the winding down process has included the sale of the iconic GM Holden Proving Ground at Lang Lang in Victoria to Vietnamese automotive maker Vinfast, which has employed a number of Holden engineers.

Also, here and there, Holden's customer-facing website has dropped all references to its vehicles and now delivers the most basic information about the brand, including warranty and service information.

The company’s Melbourne head office has been silent about plans to farewell the brand internally. 

The upcoming Bathurst 1000 will mark the last Supercars race where Holden will feature as a factory team.