General Motors confirmed this week that it will only produce 500 models of the Corvette Stingray 2014 Premiere Edition vehicles, Auto World News reported Monday.

The company also recently released the specs for the highly anticipated vehicle. The model has a Laguna Blue Tintcoat exterior paint job and Brownstone suede interior. It premiere edition packs the Z51 Performance Package that helps it achieve 460 horsepower and go 0 to 60 mph (0-100km) in only 3.8 seconds. The model has carbon fiber trimmings, a visible carbon fiber roof panel and is labeled by Chevrolet to be the most powerful standard Corvette ever built, New York Daily News reported.

"The 2014 Corvette Stingray perfectly embodies Chevrolet's mission to deliver more than expected for our customers," said Chris Perry, vice president of Chevrolet marketing, according to the company press release. "The Corvette Stingray delivers a combination of performance, design and technology that very few manufacturers can match, and none can even come close for $52,000."

In response to an Edmunds e-mailed over the weekend, Chevrolet spokesperson Monte Doran said the limited edition Corvette Stingray will hit the market at "slightly more than" $75,000. He added that the company does not have "a specific number" yet.

Other details revealed as of press time include wheel caps, a Stingray-logo interior sill plates, and a "stinger" hood stripe. Each of the 500 cars also comes with a luggage set custom-created for the series by Thule.

The Chevrolet Corvette C7 Stringray was unveiled in January at the North American International Auto Show in Detroit, Mich. Corvette Racing Program Manager Doug Fehan said his team will begin testing the Corvette C7 Stingray in July of 2013. However, performance estimates were not released at time of publication.

Tags: 2014 corvette