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LOS ANGELES (Reuters) - General Motors Co's GM.N 755-horsepower Corvette ZR1 super car will have a starting price of $119,995, with a convertible version from $123,995, its global product development chief, Mark Reuss, said on Tuesday.

The Corvette competes with Italian luxury sportscar Ferrari SpA RACE.MI in the elite, high-performance sports car segment, and is the opposite end of the automotive spectrum from the electric and self-driving cars GM is expected to highlight at an investor conference on Thursday.

Reuss revealed the price at an event ahead of the LA Auto Show.