GM has alerted dealers that production of its wheel supply has experienced significant disruptions. This is probably due to the bankruptcy filing in early December of Amcast Industrial Corp, which is one of the largest suppliers of wheels for the Corvette. Court documents from the bankruptcy filing show that while Amcast is still shipping Corvette wheels to GM, the automaker is looking to end the relationship. Here is the letter that was sent to a GM dealer as it was posted on DigitalCorvettes.com:
To: All Corvette DealersCredits: CovetteConti.com, DigitalCorvettes.com
Date: December 15, 2005 Subject: Corvette Production Disruptions Coupe & Convertible Production
The wheel supply for Corvette has experienced significant disruption. Unfortunately, this situation has caused GM to make several adjustments affecting wheel options, production volumes and production schedules. Many orders may need to have wheel selections changed based on wheel availability. Since timing is critical, and current wheel supply is uncertain, Order Fulfillment / Distribution is unable to follow the normal process of returning orders to dealers for necessary changes. Regrettably, polished wheels will not be available from our new supplier. This will force us to change all orders scheduled to be built after 1/3/06 to Silver Painted wheels. The much anticipated Chrome wheel option will be postponed until late spring production. Any substitution of a lower cost wheel will be reflected in a reduced MSRP and invoice. Additionally, overall wheel availability may delay production dates of “In System” orders. Z06 Production
The impact to Z06 production is still undetermined as is the future availability of the polished wheel option. Some orders may need to have wheel selections changed based on wheel availability. As is the case with Coupe & Convertible, wheel availability may delay production dates of “In System” orders. Dealers will be advised of their future Z06 allocation outlook as soon as production schedules can be solidified. Summary
As orders are changed, Order Fulfillment will notify affected dealers via GM Messenger. Order Guides, GM AutoBook and Order Workbench will be changed as soon as practical to reflect the change in wheel options. We sincerely apologize for the inconvenience and disappointments this situation may cause you and your customer(s).