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1956-57 CORVETTE Page 1 |
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But there's no doubt that those early Corvettes cost the company
dearly, this at a time when the car showed very little promise of any
financial payback. Early sales figures painted the bleakest of pictures:
3940 Corvettes sold in 1953-54, and a paltry 700 in 1955, even with
the introduction that year of Chevy's landmark small-block V-8. Thus
it is hardly any wonder that GM's bean counters talked seriously about
killing the fledgling 'Vette.
Yet Chevrolet was not giving up quite yet. Why wouldn't Chevy let
the Corvette die? Partly because some people in high places saw a
future in it, and partly because GM would lose face and give up a
market niche by dropping the Corvette so soon after Ford introduced
the Thunderbird.
Those who are old enough to remember the Corvette's introduction
and early years from 1953 through 1955 will recall that the car arrived
with a distinctly odd focus. Or lack of focus, perhaps, for no one
knew just what the Corvette was supposed to be or do. Was it a sports
car? Not with Chevy's "Stovebolt Six" mated to the two-speed
Powerglide automatic. Was it a factory hot rod? Hardly. It wasn't even
much of a boulevard cruiser, and its $3523 base price in 1954 meant
one could buy a Cadillac for about the same money. It's precisely that
odd focus and ultimately the 'Vette's redefinition in the 1956-57
models that's of interest here. The transformation turned out to be a
minor marvel -- something that happens rarely. It was brought about
by just a handful of men, and it involved not only the Corvette's
survival, but the car's coming of age.
GM design vice-president, Harley Earl, envisioned the first 'Vette as a
$1800 runabout for college kids. He had in mind a car for his on
teenage sons, Jim and Jerry. But the 1953-54 Corvette came in at over
$3500, nearly double what Earl had originally intended, a big
difference even by Ivy League standards. Consider also that a
brand-new Chevy Bel Air sold for as little as $1830 in 1954.
After the Corvette's brush with death in 1955, all of a sudden,
surprisingly, wondrously, the car not only survived -- but it actually
took on a purpose. Its odd focus resolved itself into a real,
honest-to-goodness American sports car. That transformation took
place in model-years 1956-57. Until then, even with the V-8 in 1955,
Chevy's glass two-seater remained essentially Harley Earl's motorama
show car made streetable.