John Z. DeLorean took over Chevrolet on Feb. 12, 1969. It was his job to turn the red ink into black. One of the first things he did was "gut" the ultra high performance engine options on Chevrolet cars due to the ever increasing premiums and pressure from the insurance industry. 4 cars were cancelled by the Summer of 1969:
1970 LS7 Corvette
1970 LT2 Corvette
1970 LJ2 Corvette
1970 LS6 Camaro SS
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