The Chevrolet Corvette C5 is a sports car which started in 1997 and ended with the 2004 model year. It is the fifth generation of Chevrolet Corvettes built and marketed by Chevrolet.
The C5 was a radical change from the previous generation. The car now had a hydroformed box frame, the transmission was moved to the rear of the car to form an integrated rear-mounted transaxle assembly and is connected to the engine via a torque tube. The 4L60E automatic transmission carried on, but the manual was replaced by the Borg-Warner T-56. Gone were the squeaks and rattles of the C4, and in replacement was an incredibly strong frame that would last for at least two more generations. The new C5 was better in every aspect than the C4 it replaced.
Source: Wikipedia (original)