According to Motor Trend, GM executives began planning the next-generation (C7) Corvette super car in 2007. On October 18, 2012, GM made an official news announcement confirming it would debut on Sunday evening, January 13, 2013, in Detroit at the North American International Auto Show. Chevrolet also showed the new Crossed Flags logo for the new 2014 Corvette. The car was originally planned for the 2011 model year, but was delayed. Mid-engine and rear-engine layouts had been considered, but the front-engine, rear-wheel drive (RWD) platform was chosen to keep costs lower. The C7's all-new LT1 6. 2L Small Block V-8 engine develops 455 horsepower (339 kW) and 460 pound-feet (620 N⋅m) torque, which can accelerate the car from 0-60 mph in 3. 8 seconds. The C7's suspension consists of independent unequal-length double wishbones with transverse fiberglass mono-leaf springs and optional magnetorheological dampers, similar to its predecessor.