New mid-engine Corvette starts under $60,000

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LANSING, Mich. (WILX) - GM has unveiled its new Corvette.

GM unveils new mid-engine 'vette and GM's President says the 2020 version will start under $60,000. (Source WILX)

It's a mid-engine 'vette and GM's President Mark Reuss says the 2020 version will start under $60,000.

Prices of other versions weren't announced but the current Corvette can run well over $100,000 with options.

That's still thousands cheaper than most European competitors.

The car was unveiled Thursday in Orange County, California at a glitzy ceremony in a World War II dirigible hanga .

Makers of the vehicle say the V-8 engine was moved to the middle of the car for better performance.

The look is also said to resemble European race cars.

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