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May 2009 Corvette Sales

by Keith Cornett on June 3, 2009

The news about Corvette sales just keeps getting better. For the fifth straight month, Corvette sales were stronger than the month prior. Chevrolet dealers sold 1,643 Corvettes in May, a 14% increase over April’s 1,407 deliveries. The May 2009 sales figure was also the highest since 2,318 Corvettes were sold in September of 2008.

Sales of Corvettes were supported throughout the month with several rebates and loyalty cash programs. Of the remaining 2008 Corvettes, 172 were sold during the month to shrink the total nationwide inventory to just 551 cars. Overall inventory shrunk from 6,416 to 5,789 Corvettes and we’re expecting to see a continued decline as the plant cycles through a series of two-week on/two-week off production schedules as well as the planned 3-week summer hiatus that coincides with the changeover to the 2010 model in July.

2009 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2009 2008 % Change Months 2009 2008 % Change
January 842 2,015 -58.2% Jan-Jan 842 2,015 -58.2%
February 1,027 2,071 -50.4% Jan-Feb 1,869 4,086 -54.3%
March 1,183 2,692 -56.1% Jan-Mar 3,052 6,778 -55.0%
April 1,407 3,190 -55.9% Jan-Apr 4,459 9,968 -55.3%
May 1,643 2,904 -43.4% Jan-May 6,102 12,872 -52.6%


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%
December 1,324 2,914 -54.6% Jan-Dec 26,971 33,685 -19.9%


Corvette Stock Report:

A check of Jeff Hardy’s website shows a total of 5,789 Corvettes on the ground and can be broken down into the following years:

  • 2008 Corvettes – 551
  • 2009 Corvettes – 5,238

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 2,966
  • Corvette Convertibles – 847
  • Corvette Z06 – 1,366
  • Corvette ZR1 – 59

2008 Corvette Inventory Breakdown:

  • Corvette Coupes – 110
  • Corvette Convertibles – 275
  • Corvette Z06 – 166


Source:
GM.com
JeffHardy.com

Related:
April 2009 Corvette Sales
Corvette Assembly Plant Facing Further Downtime

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