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November 2008 Corvette Sales

by Keith Cornett on December 3, 2008

Last month’s Corvette sales sunk to a new low of just 1,093 delivered last month according to the November sales report released by GM late yesterday. This is lowest monthly total we’ve seen in the more than 3 years we’ve been keeping track of these stats. November’s sales were off 55.2% compared to November 2007 and for the calendar year sales are down 16.7%.

Despite the weeklong shutdown of the factory in October, we’re not really seeing a constriction in the number of Corvettes on the ground. According to Jeff Hardy’s website, there were 8,043 Corvettes on the ground on November 4th and on December 3rd, the number grew by 72 to be 8,115. The number of 2008 Corvettes available dropped by 288 units as buyers looking for discounts are finding them in last year’s model. As the plant will be idled even longer in early December, we’ll continue to watch the numbers to see if supply will be reduced.

2008 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2008 2007 % Change Months 2008 2007 % Change
January 2,015 2,234 -9.8% Jan-Jan 2,015 2,234 -9.8%
February 2,071 2,784 -25.6% Jan-Feb 4,086 5,018 -18.6%
March 2,692 3,158 -14.8% Jan-Mar 6,788 8,176 -17.1%
April 3,190 3,227 -1.1% Jan-Apr 9,968 11,403 -12.6%
May 2,904 3,300 -12.0% Jan-May 12,872 14,703 -12.5%
June 2,082 3,055 -31.8% Jan-Jun 14,954 17,758 -15.8%
July 1,870 2,377 -21.3% Jan-Jul 16,824 20,135 -16.4%
August 4,242 2,877 47.4% Jan-Aug 21,066 23,012 -8.5%
September 2,318 2,837 -18.3% Jan-Sept 23,384 25,849 -9.5%
October 1,170 2,484 -52.9% Jan-Oct 24,554 28,333 -13.3%
November 1,093 2,438 -55.2% Jan-Nov 24,647 30,771 -16.6%


2007 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2007 2006 % Change Months 2007 2006 % Change
January 2,234 2,579 -16.8% Jan-Jan 2,234 2,579 -16.8%
February 2,784 3,058 -9.0% Jan-Feb 5,018 5,637 -11.0%
March 3,158 3,655 -16.7% Jan-Mar 8,176 9,292 -12.0%
April 3,227 3,516 -0.6% Jan-Apr 11,403 12,808 -11.0%
May 3,300 3,317 -4.3% Jan-May 14,703 16,125 -8.8%
June 3,055 2,938 0.1% Jan-Jun 17,758 19,063 -6.8%
July 2,377 2,794 -11.4% Jan-Jul 20,135 21,857 -7.9%
August 2,877 2,990 -3.8% Jan-Aug 23,012 24,842 -7.4%
September 2,837 3,056 -3.5% Jan-Sept 25,849 27,903 -7.4%
October 2,484 2,761 -13.5% Jan-Oct 28,333 30,664 -7.6%
November 2,438 2,773 -12.1% Jan-Nov 30,771 33,437 -8.0%
December 2,914 3,081 -5.4% Jan-Dec 33,685 36,518 -7.8%


Corvette Stock Report:

A check of Jeff Hardy’s website shows a total of 8,115 Corvettes on the ground and can be broken down into the following years:

  • 2007 Corvettes – 130
  • 2008 Corvettes – 2,205
  • 2009 Corvettes – 5,780

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 3,473
  • Corvette Convertibles – 908
  • Corvette Z06 – 1,371
  • Corvette ZR1 – 28

2008 Corvette Inventory Breakdown:

  • Corvette Coupes – 901
  • Corvette Convertibles – 722
  • Corvette Z06 – 582


Source:
GM.com
JeffHardy.com

Related:
October 2008 Corvette Sales
Corvette Assembly Plant to be Idled in December

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