The new Chevrolet Corvette will come to China, for a shipload of Money
Published on August 14, 2013 by Tycho de Feijter
The new C7 Chevrolet Corvette will come to China in 2014, the first time for the Corvette to be officially available on the China car market. The Corvette will be launched in China in the first half of 2014, official debut is expected for the Guangzhou Auto Show in November. Chinese Corvette fans, and there are many, are very happy with the news and eagerly awaiting the Corvette’s coming.
However, they will need a lot of money to buy one…
In the US the Corvette costs about 58.000 USD. In China, where import taxes on big-engined cars are extremely high, the Corvette will cost about 1.5 million yuan, or… 245.000 USD (!!!).
That’s enough money for four Corvettes in the US. Madness indeed, but import taxes in China are very mad. In this case however things seem to get a bit out of hand. Normally, a big-engined car will costs about twice as much in China as it does in the US, but we have never seen a four-timer before.
Is GM going to make a lot of money on the Corvette in China? Using the eagerness of those poor Chinese ‘Vette fans? Now, that wouldn’t be too nice…
We will keep a close eye on Corvette-in-China developments, more as we get it!