DETROIT (AP) — General Motors says a new high-performance version of the Chevrolet Corvette can go from zero to 60 miles per hour in under three seconds.

The 2015 Corvette ZO6, built in Bowling Green, Kentucky, is the fastest car GM has ever made. The company says it can hit 60 mph in 2.95 seconds and can finish a quarter-mile in just under 11 seconds. It can reach 127 mph in one-quarter mile.

GM spokesman Monte Doran says GM believes it to be the first front-engine, rear-wheel-drive production car to break the three-second barrier.

The Z06 that achieved the times is equipped with an eight-speed automatic transmission with paddle shifters. It has a supercharged V8 engine that puts out 650 horsepower.

The Z06 goes on sale early next year and will cost just shy of $80,000.