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over 1,100 54s were still
sitting on dealer lots when the 55 was introduced), and Chevrolet strongly
considered pulling the plug on their fiberglass sports car experiment. Fortunately,
events inside - and especially outside - of Chevrolet resulted in the Corvette
getting a reprieve.
First,
arch rival Ford released the 1955 Thunderbird. The Thunderbird was more a three-quarter
scale, two-seat version of the big Ford than a real sports car, and it appealed
to the buying public for just that reason. The T-bird had rollup windows; the
Corvette did not. The Thunderbird offered power steering, power windows, power
brakes and power seat; the Corvette did not. Compared to the comfortable Thunderbird,
the Corvette seemed far more primitive.
Where the Corvette did compete against the Thunderbird
was under the hood. The Thunderbird featured a 292-cubic inch engine with a
top rating of 198 horsepower. For the first time, the Corvette could boast a
V8, the amazing new small block displacing
265 cubic inches and rated at 195 horsepower. Unlike the Thunderbird's Y-block
292, the Chevy 265 was a high-revving, responsive engine that trans-formed the
Corvette into an exciting driving machine. The 265 was backed by either a three-speed
manual