A 1959 Chevrolet Corvette is seen on display at the Chevrolet dealer in Las Vegas, Nevada on January 27, 2018.
The iconic vehicle has been a staple of the American automotive industry for more than 70 years.
The most iconic image of the classic American muscle car has been the red-and-white ’60s Corvette.
But today, with a new model debuting in 2017, the classic Chevrolet has found a new place in the hearts of fans and collectors alike.
Chevy and its sister brand, GMC, announced on Thursday that they will unveil a limited edition Corvette in 2017 that will be the most affordable and technologically advanced model on the market today.
This model is the Chevrolet Silverado 1500 and is priced at $69,995.
Chevrolet will offer the new Corvette in limited quantities through its Chevrolet dealer network.
The first two versions of the new Silverado are expected to arrive in 2019 and 2020, respectively.
In a statement, the company said, “Chevy has been innovating and pushing the envelope for more years than most of its competitors, and it is our job to deliver new, exciting models that capture the imagination of consumers around the world.”
While the 2017 Chevrolet Silverados will be priced slightly higher than the original 1959 model, it is clear that the brand has not forgotten its roots.
As recently as last year, the Corvette brand had been selling just under 1 million vehicles annually, with about a quarter of that number being built in the U.S. and Canada.
This year, GM plans to ramp up production to meet the demand of the growing automotive market, according to a statement by GMC President and CEO Jim Mullen.
“The 2017 Chevrolet Corvette will be a true American icon and a symbol of the strength of American industry,” Mullen said.
The new Chevrolet Silveradas will be available in three different configurations, according a release from Chevrolet.
The two-door, four-door and four-seater models will have a price tag of $69 and $69999, respectively, which is a 40 percent increase from the previous version.
The premium Silverado will cost $89,995, a 37 percent increase over the base model.
The three-door Silverado, $89999 and the two-seat Silverado S, $90,995 are also expected to be the highest-priced versions of their variants.
The company is also expected in the near future to launch a new generation of the Volt electric vehicle.
This vehicle is expected to debut in 2019.
The Volt is expected not only to offer more range, but also a higher level of battery efficiency and safety features than the current Volt electric cars.
The vehicle will offer range of up to 160 miles on a single charge and will come with a battery pack rated at 300 kilowatts.