Now that the wraps have come off the C7 Stingray, Chevrolet is further expanding its rear-wheel drive portfolio.

On February 16, Chevy will unveil its all new V8-powered, rear-wheel drive SS performance sedan at Daytona International Speedway. The reveal is part of events that take place in the week leading up to the Daytona 500, the first race of the 2013 NASCAR season. According to Automotive News, General Motors North American President Mark Reuss said the SS “will be priced higher than the front-wheel-drive Chevy Impala, which has a base price of $27,535, including shipping.”

The SS will compete with large sedans like the Chrysler 300 and Dodge Charger, Hyundai Genesis and Ford Taurus. The 300, Charger and Genesis are all rear-wheel drive and come with a base V6 engine. All three offer at least one V8 option, with a minimum of 370 horsepower. The Taurus is a front-wheel drive car, but its performance variant, the SHO, has all-wheel drive and an EcoBoost V6 that produces 365 horsepower.

Chevrolet SS Sprint Cup stock car

Enthusiast publications such as Car and Driver are excited about SS because it marks the return of the Australian Holden Commodore to the United States. Americans knew that car as the Pontiac G8, which received numerous accolades for offering great performance in a practical package at a relatively budget-friendly price. Despite the G8’s popularity with driving enthusiasts, the car was discontinued when GM cut the entire Pontiac brand as part of its corporate restructuring in 2009.

Chevrolet’s second unveiling, which will occur at the Geneva Motor Show on March 5, is the C7 Corvette Stingray convertible. In a press release, Chevrolet says the “Corvette Stingray convertible will deliver the same balance of technology, design and performance introduced on the coupe in January in Detroit.” The convertible model is not the only choice for those who enjoy open-air motoring, however. The base Corvette coupe has a targa top, meaning its primary roof panel can be removed and stowed in the luggage compartment.

Pricing for the 2014 Corvette Stingray coupe and convertible hasn’t yet been announced. However, the 2013 model starts at $49,600 for the coupe and $54,600 for the convertible.

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