The Chevrolet Corvette (C1) is the first generation of the Corvette sports car produced by Chevrolet. It was introduced late in the 1953 model year, and produced through 1962. It is commonly referred to as the “solid-axle” generation, as the independent rear suspension did not appear until the 1963 Sting Ray. The Corvette was rushed into production for its debut model year to capitalize on the enthusiastic public reaction to the concept vehicle, but expectations for the new model were largely unfulfilled. Reviews were mixed and sales fell far short of expectations through the car’s early years. The program was nearly canceled, but Chevrolet would ultimately stay the course.
Although the C1 Corvette chassis and suspension design were derived from Chevrolet’s full-size cars, the same basic design was continued through the 1962 model even after the full-size cars were completely redesigned for the 1955 model year. This was due to the combined factors of the relatively high re-engineering and re-tooling costs for this low-volume production vehicle, the continued potential for cancellation of the car, and the increased size and weight of the all-new suspension design for the full-size cars, which made it unsuitable for use in the lighter weight Corvette.
There was no doubt Chevrolet was in the sports car business with the release of the 1956 model. It featured a new body, a much better convertible top with power assist optional, real glass roll up windows (also with optional power assist), and an optional hardtop. The 3-speed manual transmission was standard. The Powerglide automatic was optional. The six-cylinder engine was gone. The V8 remained at 265 cubic inches but power ranged from 210 hp to 240 hp. The volume was 3,167, a low number by any contemporary standard and still less than 1954’s 3,640, meaning this was the third lowest-volume model in Corvette history. Rare options: RPO 449 special camshaft with the 240 hp engine (111), power windows (547).Delco Radio transistorized signal-seeking (hybrid) car radio, which used both vacuum tubes and transistors in its radio’s circuitry (1956 option). – Source: Wikipedia