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November 2009 Corvette Sales

by Keith Cornett on December 2, 2009

November 2009 Corvette Sales

GM released the figures yesterday for November 2009: 952 Corvettes were delivered in the month, a decline of over 200 units from October 2009′s 1,154. Year to year, Corvette sales are down 12% from the 1,093 deliveries in November 2008. For the calendar year (Jan-Nov 09) 12,901 Corvettes were sold compared with 25,647 sold over the same time period in 2008. That’s a decline of 49.7%.

We continue to see that the assembly plant closure for November is having the desired effect of tightening inventories and we expect supply to continue to drop throughout December. At the beginning of November 2009, total inventory stood at 3,759 for all 2008, 2009 and 2010 models. Today, that number stands at 2,801 Corvettes available.

Finally, another piece of bad news hit yesterday with the announcement that Fritz Henderson was resigning as CEO of General Motors. Fritz personally owned a 2005 Corvette and talked about his love of the car on more than one occasion. As such, we considered him as an ally in the fight to keep development dollars flowing for the C7 project. Board Chairman Ed Whitacre will assume the CEO duties until a replacement can be found.


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%
Aug 746 4,242 -82.4% Jan-Aug 9,210 21,066 -56.3%
Sept 1,585 2,318 -31.6% Jan-Sept 10,795 23,384 -53.8%
Oct 1,154 1,170 -1.4% Jan-Oct 11,949 24,554 -51.3%
Nov 952 1,093 -12.9% Jan-Nov 12,901 25,647 -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 2,801 Corvettes on the ground today and can be broken down into the following years:

  • 2010 Corvettes – 1,544
  • 2009 Corvettes – 1,154
  • 2008 Corvettes – 103

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 739
  • Corvette Convertibles – 180
  • Corvette GS Coupes – 298
  • Corvette GS Convertibles – 165
  • Corvette Z06 – 86
  • Corvette ZR1 – 76

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 658
  • Corvette Convertibles – 262
  • Corvette Z06 – 607
  • Corvette ZR1 – 27

2008 Corvette Inventory Breakdown:

  • Corvette Coupes – 11
  • Corvette Convertibles – 61
  • Corvette Z06 – 31


Source:
GM.com
JeffHardy.com

Related:
October 2009 Corvette Sales
September 2009 Corvette Sales

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