Although the price of the Corvette was at an all-time high, the new Corvette was still in high demand, as reflected in the fact that Chevrolet sold 46,558 units that year, breaking the previous sales record set in 1969.
It has been debated that this continued increase in Corvette sales in 1976 was a direct result of the energy crisis earlier in the decade. Many automotive manufacturers had eliminated their performance-car production lines completely, forcing consumers to turn to Chevrolet and the 1976 Corvette as a result. While some critics have speculated that this was the primary reason for the Corvette’s sales strength that year, there was still no denying that the Corvette was a unique and satisfying sports car – even at the higher price point.
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