General Motors Company (GM), Ford Motor Company (F): Does the 2014 Corvette Stingray Live Up to the Hype?

Investing takeaway

Ultimately, this is the most complete, powerful, and aggressive styled Corvette in history — offering a big bang for your buck. That said, will it be enough to salvage the drastic decline in sales?

Data from Automotive News Data Center.

Only time will tell if the sales rebound, but I’m skeptical that the much-hyped 2014 Corvette will do anything for General Motors Company (NYSE:GM)’s top or bottom lines. Moreover, there is a big hiccup in the plans for General Motors Company (NYSE:GM)’s halo car: Not all the dealerships are getting the vehicle. What’s the point of a halo car if you can’t have one sitting at every dealership to draw in consumer traffic?

Chevy has a list of requirements for dealers to meet before receiving the Corvette’s, and only about one-third of dealers are going to qualify when sales begin in the third quarter, according to Edmunds.com. After nearly a year, and jumping through hoops of buying special tools and additional training, the rest of the dealers should be eligible to sell the flashy ride — but it won’t be without many ruffled feathers and tested dealer relations.

The seventh-generation Corvette is a unique specimen, to be sure, as well as a powerful iconic ride. It’s not enough for me to move past a test-drive, if it’s even available at a location near me. What about you? If the newly designed Corvette going to be parked in your garage, tell me why in the comments below. I’m curious.

The article Does the 2014 Corvette Stingray Live Up to the Hype? originally appeared on Fool.com and is written by Daniel Miller.

Fool contributor Daniel Miller owns shares of Ford and General Motors. The Motley Fool recommends Ford and General Motors and owns shares of Ford.

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