Unveiled: 2014 Chevrolet Corvette Stingray

General Motors unveiled the newest generation of the Chevrolet Corvette Monday morning at the 2013 North American International Auto Show. The latest incarnation of the 60-year-old sports car drove onto the stage in a stunning red, alongside its previous six generations, which were all in white.

The 2014 Corvette C7, dubbed the Stingray, boasts technology inspired by the Chevrolet Corvette Racing Team, including race-proven aerodynamics and a lightweight aluminum frame.

Under the aggressive new hood design, the C7 boasts an all-new LT1 V8 that produces an estimated 450 horsepower and 450 pound-feet of torque. The new engine propels the vehicle from 0 to 60 mph in under four seconds and makes the C7 the fastest, most powerful and most fuel-efficient Corvette ever.

Mark Reuss, president and CEO of GM North America, dubbed the C7 a “technological tour de force,” describing it as a vehicle that tailors to the driver’s needs.

One of the most impressive features on the new Corvette is the all-new 7-speed Active Rev Matching manual transmission, which, to put simply, does the heel-to-toe action for the driver automatically.

The 2014 Corvette is set for production at GM’s Bowling Green, Kentucky assembly plant, which has been completely retooled for the C7.  The Kentucky governor was also on hand at the press conference.

The C7 is just one of 20 upcoming worldwide vehicle launches or redesigns for General Motors, which has aggressively been expanding its international sales base recently.

As of 2012, GM vehicles are sold in over 140 countries, and 60 percent of GM’s 2012 sales came from outside the United States. This helped GM garner record sales numbers in 2012, with over 7 million new cars and trucks sold worldwide.