C3 (1968-1982 Mako Shark)
The third generation, patterned after Chevrolet's "Mako Shark II"
(designed by Larry Shinoda), started in 1968 and ended in 1982. This generation
has the distinction of being introduced to the motoring public in an unorthodox
— and unintended — fashion. 1968 marked the introduction of Mattel's now-famous
Hot Wheels line of 1/64-scale die cast toy cars. General Motors had tried their
best to keep the appearance of the upcoming car a secret, but the release of
the Hot Wheels line several weeks before the Corvette's unveiling had a certain
version of particular interest to Corvette fans: the "Custom
Corvette", a GM-authorized model of the 1968 Corvette.
In 1969, GM enlarged their small block again to 350 cu in (5.7 L), and in 1970, the 427 big block was enlarged to 454 cu in (7.4 L). Power peaked in the 1970 and 1971 models, with the 1970 LT-1 small block putting out 370 hp (276 kW) and the 1971 454 big block having its last year of big power with 425 hp (317 kW). In 1972, GM moved to the SAE Net measurement for power (away from the previous SAE Gross standard), which resulted in lower values expressed in HP. Along with the move to unleaded fuel, emission controls, and catalytic converters, power continued to decline and bottomed out in 1975 — the base ZQ3 engine put out 165 hp (123 kW), and the optional L82 engine put out 205 hp (153 kW). Power remained fairly steady for the rest of the C3 generation, ending in 1982 with the 200 hp (149 kW) L83 engine.
Styling changed subtly over the generation. Minor trim changes occurred through the 1972 model. In 1973, the Corvette dropped the front chrome bumpers for a urethane-compound "5 mph" bumper but kept the rear chrome bumpers. In 1974, the rear chrome bumpers became urethane as well, resulting in the first ever chrome-less production Corvette. 1976 was the last year in which the Stingray badge was used, and 1978 saw the introduction of a glass bubble rear window. In 1980, the Corvette got an integrated aerodynamic redesign that resulted in a significant reduction in drag. In 1982, an opening rear hatch was offered for the first time on the Corvette available on the collectors edition model only. A new engine featuring cross fire injection, a fuel injection carburator hybrid, was also introduced that year as the L83. It was the only engine available in 1982, and was not offered with a manual transmission.
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Wikipedia article "Chevrolet Corvette".

