Corvette sales continued to be pretty decent through September, no doubt bouyed by the Employee Discount Program on remaining 2008 Corvettes that ran through the end of the month. Last month, 2,318 Corvettes were delivered but sales were down 18.3% over September 2007. W continue to have some major concerns with the impact the credit crunch may have in the coming months.
Within the last month, GM began making moves to ease the impact of the current economic slowdown in regards to Corvette Sales. The first will be a cut in production later this month by closing the Bowling Green Assembly Plant for a week as well as the slowing production line – two moves that should ease dealer inventories. GM also announced a $1520 price increase across the board, while not in itself a significate price hike, it is a move that will help offset some of the cuts that GM has been making to ensure profibility.
|2008 Corvette Delivery Statistics|
|Month||2008||2007||% Change||Months||2008||2007||% Change|
|2007 Corvette Delivery Statistics|
|Month||2007||2006||% Change||Months||2007||2006||% Change|
Corvette Stock Report:
A check of Jeff Hardy’s website shows a total of 7,821 Corvettes on the ground as of yesterday and can be broken down into:
- 2007 Corvettes – 210
- 2008 Corvettes – 2,828
- 2009 Corvettes – 4,783
- 1,265 Corvette Coupes
- 849 Corvette Convertibles
- 714 Corvette Z06