Chevrolet was planning to raise the price of the Corvette ever so slightly for the 2021 model year. Following the pandemic and production delays, the company has reportedly decided not to raise the price.

Chevrolet wants "to do the right thing by our customers," according to Tadge Juechter, the Corvette's chief engineer. So the Corvette will start at less than $60,000 in 2021, he told media at the Virtual National Corvette Museum Bash last week.

Although the price for the 2021 model was only supposed to rise to $61,000, according to Motor Trend, the car will be getting some mild updates. Magnetic Ride Control will become a standalone option and new paint options will become available.

According to Juechter, more than 20,000 orders have been placed for the 2020 Corvette. Although fewer than 5,000 were built before the pandemic, that still makes it a better selling sports car than the 911, of which just over 3,000 have been delivered so far this year.