Origins As head of GM's Styling Section,
Harley Earl was an avid sports car fan. He recognized that
GIs returning after serving overseas in the years following
World War II were bringing home
MGs,
Jaguars, and
Alfa Romeos. In 1951,
Nash Motors began selling an expensive two-seat sports car, the
Nash-Healey, that was made in partnership with the Italian designer
Pininfarina and British auto engineer
Donald Healey, but there were few moderate-priced models. Earl convinced GM that they needed to build an all-American two-seat sports car, and with his Special Projects crew began working on the new car in late 1951. The last time Chevrolet offered a two-door, two-passenger convertible/roadster body style was in 1938 with the
Chevrolet Master.
Prototype EX-122 The secretive effort was code-named "Project Opel" (after GM's German division
Opel). The result was the hand-built, EX-122 pre-production Corvette prototype, which was first shown to the public at the 1953
General Motors Motorama at the
Waldorf-Astoria in
New York City on January 17, 1953. When production began six months later, at an MSRP of US$3,513 ($ in dollars ), it had evolved into a considerably costlier car than the basic $2,000
roadster Harley Earl originally had in mind. The EX-122 car is now housed at the
Kerbeck Corvette museum in
Atlantic City. It is believed to be the oldest Corvette in existence.
Design and engineering The design and engineering team headed by Earl included body engineer Vincent Kaptur, Sr., draftsman Carl Peebles, clay modeler Bill Bloch, Tony Balthasar, and engineer Robert McLean, who laid out the unique chassis design. They utilized off-the-shelf mechanical components to keep costs down. The new car used the chassis and suspension design from 1949 through 1954
Chevrolet passenger vehicles. The drivetrain and passenger compartment were moved rearward to achieve a 53/47 front-to-rear weight distribution. It had a wheelbase. The engine was a
inline six engine that was similar to the 235 engine that powered all other Chevrolet car models, but with a higher-compression ratio, three Carter side-draft carburetors, mechanical lifters, and a higher-lift camshaft. During the last half of 1953, 300 Corvettes were, to a large degree, hand-built on a makeshift assembly line that was installed in an old truck plant in
Flint, Michigan, The body engineer for the Corvette was Ellis James Premo. He presented a paper to the
Society of Automotive Engineers in 1954 regarding the development of the body. Compared to the British and Italian sports cars of the day, the Corvette lacked a
manual transmission and required more effort to bring to a stop, but like their British competition, such as
Morgan, was not fitted with roll-up windows; this would have to wait until some time in the 1956 model year. but sales continued to decline. The Chevrolet division was GM's entry-level marque. Managers at GM were seriously considering shelving the project, leaving the Corvette to be little more than a footnote in automotive history, and would have done so if not for three important events. The first was the 1955 introduction of
Chevrolet's first V8 engine since 1919. the new
265 small-block became available with a Powerglide automatic transmission, until the middle of the production year when a manual 3-speed became available, coupled to a 3.55:1 axle ratio, the only one offered. The engine was fitted with a single 2218S or 2351S WCFB four-barrel (four-choke) Carter
carburetor. The Ford model featured a V8 engine, was better equipped, and positioned more as a "personal car" rather than a pure sports car. Even so, the Ford-Chevrolet rivalry in those days demanded GM not appear to back down from the challenge. The original concept for the Corvette emblem incorporated an American flag into the design, but was changed before production because the flag cannot be used on a commercial product according to the
United States Flag Code. ==1953–1955==