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2008 Chevrolet Corvette Z06
By , Senior EditorKevin's BioWrite Kevin

It’s hard to believe that it was just a decade ago that the Corvette was about to be sent to the graveyard, a victim of cost-cutting and declining sales. In the early 1990s, GM’s senior management threw in the towel as sports coupe sales plummeted and the automaker’s balance sheet dwindled – just before Christmas 1991, then-GM Chairman Bob Stemple announced the company would shutter 21 plants over four years. There was little room in the budget for a fancy sports car that would bring minimal sales.

The decision to send the ‘Vette to the grave did not sit well with then-Chevrolet General Manager Jin Perkins – a straight-talking Texan – who funneled more than $1 million to build the CERV IV (Chevrolet Engineering Research Vehicle IV) concept, which was a direct precursor of the C5 (5th generation) Corvette. Once the concept was complete – engineers put the interior and powertrain of the C5 in a C4 in just 90 days – the Chevrolet team showed the concept to GM’s senior management, who were convinced the company should keep the ‘Vette alive. Perkins’ bet paid off.

Perkins deserves to be honored for his wiliness to stick his neck out on the line to save the ‘Vette so that it could evolve into the C6, which is one of the best performance car values on the market. Period. Notice the term “value.” This car is not cheap –as-tested our Z06 came to $81,170 – but when compared to some of its similarly powerful brethren (the Z06 packs a 505 hp 7.0-liter V8) like the Ferrari F430, BMW M6, Dodge Viper and Lamborghini Gallardo, it’s a bargain. Incidentally, the only vehicle that comes close in terms of price is the ’08 Ford Mustang Shelby GT500 (500 hp) which starts under $44,000, but is still more pony car than high-performance sports car.

To meet European pedestrian crash legislation, designers chucked the pop-up headlamps and replaced them with xenon headlamps that sit behind slush clear lenses. This gives the car a more industrial look while making it markedly more aerodynamic at night. The Z06 – the current king of the Corvette’s power roster – gets additional unique exterior touches, including a splitter located along the bottom of the front fascia, wheel arch extensions, wider rear fenders to cover the 19-in. rear tires (18-in. tires are used up front), a taller rear spoiler and four large, no nonsense stainless steel exhaust outlets.

Inside, the Z06 looks like the rest of the Corvette lineup, albeit with a specially-designed gauge cluster (with the Z06 logo and 7,000 rpm redline tachometer). Unfortunately, it’s also the one area that lets you know this car is cheaper than the competition. A plethora of plastics cover every part of the cockpit, and although the grade is better than you’ll find on most Chevrolet’s, it’s not on par with the materials used in a Ferrari or a Lamborghini. One glaring example is the infotainment system, which looks like an afterthought thanks to its big, clunky appearance. Likewise, the seats seem better tailored for a less premium sports sedan than a high-performance coupe.

What makes the Z06 really shine, however, is what’s underneath the hood: the LS7 V8. It produces a hearty 505 hp @ 6,300 rpm and 470 lb.-ft. of torque @ 4,800 rpm, and is the Z06’s heart and soul. Utilizing technologies developed in the Corvette racing program, the LS7 trims the fat (shedding nearly 60 lb. compared to the base Corvette Coupe) by using titanium connecting rods, cast-aluminum flat-top pistons, and CNC-ported aluminum cylinder heads with titanium intake valves and sodium-filled exhaust valves to provide maximum performance. This mates to a 6-speed manual transmission that provided excellent responsiveness thanks to its short-throw design.

The Corvette is a testament that Chevrolet and GM can build great cars that excite the heart and soul for reasonable cost, and it should be a template for all GM’s engineering and development teams for how to succeed in the future. Thanks again, Jim.

Vehicle as Driven:

Engine: 7.0-liter 8-cylinder

Horsepower: 505 @ 6,300 rpm

Torque: 470 lb-ft @4,800 rpm

Transmission: 6-speed manual

Wheelbase: 105.7 in.

Overall length: 175.6 in.

Height: 49 in.

Width: 75.9 in.

Curb Weight: 3,162 lb.