The third generation of evolution, C3 of Chevrolet Corvette started in the year 1968 and ended in the year 1982. This generation witnessed so many custom models of corvette cars and was of great public interest at that point of time. The third generation of Corvette cars was also known as the "shark". Till then, Corvette cars were unveiled in customary styles and standard models, but, the third generation witnessed different types of Corvette cars and when the cars were unveiled, all Corvette lovers were on their toes with surprise. This car was different in the sense that the style was pretty much unorthodox and it was something never anticipated by the public.

Hot wheels introduction was another great highlight of third generation Corvettes in the year 1968. The General Motors Company had a great wish to keep the secret surprise element of Hot Wheels before its release, but somehow it became a hot topic of discussion among the public. The year 1969, actually witnessed some great changes in the engine and power of the Corvette car. The 350 cu engines were incorporated in the 1969 model Corvette cars and the performance of the car was enhanced to a great extent. Later in 1970, the more powerful and better performance 454 cu was thought of to be placed in Corvettes but that didn't really happen due to various reasons.

Even though the engine and tank specifications were worth mentioning, the noticeable and most attractive elements which stood entirely different in each generation were the critical aspect of styling and appearance. The "fiber optic light monitoring system" was there with the early models of Chevrolet Corvette cars. There were as many as 9 monitored lights in total including the head lights, sidelights, number plate lights, etc. This fiber optic light monitoring system extended from the central console of the car to head lights and other lighting peripherals. These enhanced features made the car much costlier during that period of time and General Motors had to discontinue this system after 1971 when seriously considering cost saving plans.

The year 1972 and the year 1973 had only some changes incorporated when compared to previous models, and these minor changes were also noteworthy. Some great changes had to be made on the front bumper of the 1972 and 1973 model cars since the American government imposed some strict regulations on the same. The front bumper of the 1973 model Corvette was of the compound "urethane".

The 1975 model Chevrolet Corvette cars can be termed as the cars which were the last series of convertible models. These sorts of convertible models were not there in the market till 1986. It can be accounted to some technical reasons for the unavailability of convertible corvettes or it can be considered as the holding back strategy of the companies just to get supreme demand for the convertible models. As the years passed by, new series of engines came to the market, and that includes the famous fuel injection engines which enhanced the performance of the car to a great extent.