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 |  Aug 13 2009, 10:34 AM

corvette_centennial_concept_chicago_10.jpg

Earlier this week GM laid out it’s two-year-plan at a product and technology event, with the focus being on new Buick and Cadillac models and, of course, the 230 mpg claim for the Chevrolet Volt. But there was another tid-bit of info in that two-year-plan on another highly-anticipated Chevy… the C7 Corvette.

Initially the next generation Corvette had been postponed until 2014, but according to GM’s latest plans the car’s production has been bumped up, leaving the engineering team significantly less time to re-create the legendary sports car.

That being said, it’s no surprise that the Corvette will continue to use it’s front-engine, rear-wheel drive layout. What isn’t clear is, well… everything else. As for the design, with the limited time frame we would expect to see an evolutionary new body, but considering the big changes at GM these days, the automaker may want to help set itself apart from the past by using more progressive sheetmetal, like that off the Corvette Stingray Concept (pictured above).

We do expect to see more light weight materials, including carbon fiber, aluminum and magnesium and there is also the possibility of a smaller, yet more powerful engine. Forced induction on all models is also not out of the question.

With test-mules expected in 2011, we’ll keep our eyes focused on the Nürburgring to see how development of the C7 Corvette is going.

[Source: CorvetteBlogger]