June 2010 Corvette Sales

June 2010 Corvette Sales

June 2010 Corvette Sales

GM released the sales figures for June today and the report shows Corvette sales holding steady with 1,405 deliveries. This is a decrease of just 23 Corvettes over May 2010’s 1,428 Corvettes. However, if you recall our analysis of May’s numbers, you’ll remember that deliveries were the highest since September 2009. So the fact that Corvette sales were nearly identical to May is good news. Want even more good news? Calendar year sales shows an increase of 0.6% over June’s 2009 1,396 deliveries.

Last month GM announced that the Bowling Green Assembly Plant would forgo its annual summer shutdown and will remain open during July as it works to meet customer demands. We see from the Sales Report that GM has already produced 842 Corvettes for the 2011 Model Year and we are starting to see these cars showing up at dealers around the country.

As far as inventory goes, our report is incomplete as 2011s are not yet showing up on Jeff Hardy’s website yet. We can tell you that national inventory of 2009 and 2010 Corvettes stands at 4,639. Demand for the Corvette ZR1 appear to be lagging supply as inventory of GM’s super car rose by another 80 units to 513 total. FYI, we are starting to see pre-owned Corvette ZR1s hit the resale market with prices in the mid $90,000s.

2010 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2010 2009 % Change Months 2010 2009 % Change
Jan 854 842 1.4% Jan-Jan 854 842 1.4%
Feb 624 1,027 -39.2% Jan-Feb 1,478 1,869 -20.9%
Mar 955 1,183 -19.3% Jan-Mar 2,433 3,052 -20.3%
Apr 1,089 1,407 -22.6% Jan-Apr 3,522 4,459 -21.0%
May 1,428 1,643 -13.1% Jan-May 4,950 6,102 -18.9%
June 1,405 1,396 0.6% Jan-May 6,355 7,498 -15.2%
2009 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2009 2008 % Change Months 2009 2008 % Change
Jan 842 2,015 -58.2% Jan-Jan 842 2,015 -58.2%
Feb 1,027 2,071 -50.4% Jan-Feb 1,869 4,086 -54.3%
Mar 1,183 2,692 -56.1% Jan-Mar 3,052 6,778 -55.0%
Apr 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%
Dec 1,033 1,324 -22.0% Jan-Nov 13,934 26,971 -48.3%


Corvette Stock Report:

A check of Jeff Hardy’s website shows a total of 4,639 Corvettes on the ground. Here is the breakdown by years and models:

  • 2010 Corvettes – 4,402
  • 2009 Corvettes – 237
  • 2008 Corvettes – 1

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 1,498
  • Corvette Convertibles – 447
  • Corvette GS Coupes – 1,148
  • Corvette GS Convertibles – 638
  • Corvette Z06 – 170
  • Corvette ZR1 – 501

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 41
  • Corvette Convertibles – 41
  • Corvette Z06 – 143
  • Corvette ZR1 – 12

2008 Corvette Inventory Breakdown:

  • Corvette Convertibles – 1


Bowling Green Production:

GM included these figures in its monthly sales reports that shows production by assembly plant. Here they are for the Bowling Green Assembly Plant:

  • 2010 Model Year Production in June 2010: 684
  • 2011 Model Year Production in June 2010: 777
  • Total 2010-11 Units Producted in June 2010: 1,461
  • 2010 Model Year To Date Through June 2010: 12,194
  • 2011 Model Year To Date Through June 2010: 842
  • 2010 Calendar Year to Date through June 2010: 9,261


Source:
GM.com
JeffHardy.com

Related:
May 2010 Corvette Sales
April 2010 Corvette Sales

 

6 COMMENTS

  1. I was tracking the Jeff Hardy website for many weeks and noticed that the number of remaining 08s would dropped down by a couple of week from about 40. Then all of a sudden it dropped to 1 about 2 weeks ago. That didn’t seem to make sense to me. It appeared more like the 08s simply got wiped off the GMbuypower list rather than purchased by customers. Is there any way to find out what really happened to all of the 08s?

    Thanks, Dan
    PS: Thanks for all your efforts to provide daily updates to the corvetteblogger.com website. Great stuff.

  2. Keith:

    Were you able to find out why the number of 08 corvettes on the Jeff Hardy website seemed to disappear all of a sudden at the end of June?

    Thanks,

    Dan

  3. Keith,

    When I used the calendar feature in Jeff Hardy’s website the figures changed for the 08 inventory from 31 on June 11, 2010 to just 1 on June 12 (as shown below). Still doesn’t make since.

    Corvette Inventory for June 12, 2010 Coupe Convertible Z06 ZR1 GS Coupe GS Convertible Total
    2008 0 1 0 0 1
    2009 56 51 175 12 294
    2010 1514 443 165 466 1191 705 4484
    Total 1570 495 340 478 1191 705 4779

    Copyright © 2010 jeffhardy.com. All rights reserved.

  4. Dan:

    Here is what I was told by a dealer: That its pretty much a glitch with Jeff Hardy’s website. The inventory gets to a point where the dealers have to pay off their cars and get paid the incentive on the car then. Even though they are still new, GM no longer shows them their books.

    So that tells me that there may be some underreporting on the count of older model year Corvettes, but I wonder if any current MY inventory is also affected.

    Keith

  5. Does anyone know why the 2008 Coupe is listed as lighter than the 2009 Coupe?
    2008 3179 lbs
    2009 3217 lbs

    Or is this incorrect?

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