2020-Current C8 Corvette

The 2020 Corvette model, both coupe and convertible configurations of the base-model Stingray made their debut within a 3-month gap. The coupe made its debut on July 18, 2019 with three launch colors, red (with the Z51 Package), white, and blue while the convertible made its debut on October 2 at the Kennedy Space Center along with the C8.R race car, which took part at the 2020 Daytona 24 Hours. The coupe and convertible are powered by a 6.2 liter naturally aspirated V8 called the LT2, this engine generates 495 horsepower and 470 lb/ft of torque when equipped with the Z51 performance package. The Corvette C8 convertible is the first Corvette with a retractable hardtop.^[104] The Corvette C8 is the first production Corvette to have a rear mid-engine configuration.^[105] It is also GM's first rear mid-engine production car since the 1984 Pontiac Fiero.

In January 2020 the car became the most expensive charity vehicle sold that week at the Barrett-Jackson auction, selling for $3 million. The proceeds of the sale went to the Detroit Children's Fund.^[106]

The 2021 model year received some changes from the 2020 launch year of the C8 Corvette. Long Beach Red Metallic Tintcoat and Blade Silver Metallic were retired and replaced with Red Mist Metallic Tintcoat and Silver Flare Metallic as premium color options. Additionally, full length racing stripes saw 4 new color options. The interior for 2021 saw the addition of a 3LT trim exclusive color option of Sky Cool Gray / Strike yellow two-tone. Certain packages saw price increases. Unfulfilled 2020 order that carried over into 2021 will have to pay for the price increases in the 2021 model.^[107][108]