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July 2009 Corvette Sales

by Keith Cornett on August 3, 2009

Corvette sales took a bit of dip last month as GM reported 966 deliveries in the month of July. The 966 units is the lowest since January’s 842 deliveries and was 30% lower than the 1,396 Corvettes sold in June 2009. However, based on July sales of Corvettes in 2007 and 2008, the decline is most probably due to smaller dealer inventories and consumer anticipation for the 2010 model which the factory started building last week.

And speaking of smaller dealer inventories, there are a total of 4,332 Corvettes available nationwide including just 276 2008 models. This is down from the 4,911 we reported in the June 2009 Corvette Sales Report. For the third month in a row, the number of Corvette ZR1s available has increased with 91 currently available for sale.

With the factory beginning to assemble the 2010 Corvettes including the new Grand Sport models, we should hopefully see jump in sales as the orders are processed.


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%
June 1,396 2,082 -32.9% Jan-Jun 7,498 14,954 -49.9%
July 966 1,870 -48.3% Jan-Jul 8,464 16,824 -49.7%


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 4,332 Corvettes on the ground today and can be broken down into the following years:

  • 2008 Corvettes – 276
  • 2009 Corvettes – 4,056

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 2,184
  • Corvette Convertibles – 628
  • Corvette Z06 – 1,153
  • Corvette ZR1 – 91

2008 Corvette Inventory Breakdown:

  • Corvette Coupes – 40
  • Corvette Convertibles – 155
  • Corvette Z06 – 81


Source:
GM.com
JeffHardy.com

Related:
June 2009 Corvette Sales
May 2009 Corvette Sales

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