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CVK Owns And Operates The Swedish Hypercar Company Of The Same Namesake

2020 2021 2022 2023 2024 C8 Corvette Stingray Chevrolet General Motors Price Horsepower
Image copyright Steven Pham, Muscle Cars & Trucks

In the summer of 2019, the domestic mid-engine sports car code was cracked when the Chevrolet C8 Corvette was unveiled. Before it, people generally had to pay six-figure price tags for a sub-three second 0-60 mph car with a V8 behind the driver. Despite being in a completely different class than the hypercar manufacturer Koenigsegg, founder Christian von Koenigsegg expressed how impressed he is with the Corvette’s value. Here’s what the Swedish hypercar maker had to say…

C8 Corvette: “Mind Blowing” For Koenigsegg

The Drive recently had a conversation with him at The Quail during Monterey Car Week, and Koenigsegg expressed how impressed he is by the C8’s price, but not just that. He joked about how relieved he felt that his cars could still outrun it. It would spike serious competition if the C8 Corvette could outrun the iconic hypercars. Koenigsegg stated that it’s “mind-blowing” that GM can provide a supercar level of performance for just over $60,000. For comparison sake, the cheapest vehicle you can buy from the Swedish hypercar maker is the Gemera which costs $1.7 million, and Koenigsegg has already nearly sold out all 300 of them.

2022 Chevrolet Corvette C8 Stingray Mid-Engined
Image copyright Steven Pham, Muscle Cars & Trucks

While Koenigsegg and Chevrolet presumably don’t have the same clientele, it’s nice to see a niche manufacturer complement a global giant for producing an excellent product. Unfortunately, both companies have something in common; neither can keep up with customer demand. Koenigsegg stated that they haven’t been able to supply the demand for their cars over the last ten years, but that’s not a bad thing as they don’t want to put out too much product.

Though for the C8 Corvette, that’s a different story; the Koenigsegg is an exotic hypercar, while the Corvette is an affordable supercar. Naturally, GM would like to produce much more of their product, but supply shortages still pose a problem, so they can only do so much. With that in mind, the 670 hp 2023 C8 Corvette Z06 launch is set to begin, which promises even greater capability, for a fraction of the price that the competition asks for.

Image copyright Steven Pham, Muscle Cars & Trucks

Written by Zac Quinn

Zac's love for cars started at a young age, after seeing the popular Eleanor from Gone In 60 Seconds. From there, fascination and enthusiasm blossomed and to this day the Ford Mustang remains a favorite. His first job started out detailing cars, but also provided the opportunity to work on restoration including an 1968 Ford Mustang, Pontiac Firebird, and a C3 Corvette, though he left that job before further work and experience could be had. From there, he was a detailer at a car dealership before quitting that job to try and finish college.

Much of his free time while studying was spent watching YouTube videos regarding new cars, or off-roading. 4WD247 is a personal favorite channel which rekindled a dying flame in car enthusiasm, now tailored towards trucks and SUVs and the fun that can be had building up an overlanding rig, and going on adventures, though, that chapter remains unwritten for the time being.


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