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June 2010 Corvette Sales

by Keith Cornett on July 1, 2010

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

 

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