Standard equipment in the Corvette for 1997 and 1998 includes the 5.7 liter engine by General Motors, weighing in at 8 cylinders and sixteen valves. A 4-speed Automatic Transmission puts the power of the Chevrolet engine to the pavement. The has proven to be a popular configuration for the Corvette.
There have been several award-winning cars from Chevrolet over the years, including the Chevrolet Corvette of 1995. There are three trim levels to the Corvette, including Base, Indianapolis 500 Pace Car, and ZR-1. The Indianapolis 500 Pace Car version is one of the more popular options, outselling other configurations. Like in 1994 the popular 5.7 liter Chevrolet has made this a popular choice for convertible buyers nationwide.
Chevrolet introduced the Corvette Indianapolis 500 Pace Car in late 1997 to regain its grip on the Hatchback market. There are 2 trim levels for the Corvette in 1998: . With two doors and spacious seating for two, the rear-wheel drive Corvette makes a statement. There is plenty of competition in the Hatchback market, including strong offerings from Infiniti.
The 1993 Allante is an important vehicle to Cadillac for the convertible market segment. The Indianapolis 500 Pace Car is a member of a series of three trim levels for the Allante which include Base, Indianapolis 500 Pace Car, and Value Leader. The two-door car with its front-wheel drive is positioned to aggressively fill this niche for Cadillac. There is strong competition from vehicles from Honda.