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November 2010 Corvette Sales

by Keith Cornett on December 2, 2010

November 2010 Corvette Sales

New Corvette Sales took a major step backwards according to the November 2010 Sales Report issued by General Motors. A total of 836 Corvettes were sold during the month of November, ending the streak of seven consecutive months of sales over 1,000 units. It’s the second worst month for sales in 2010 behind February’s 624 deliveries. Calendar year-to-date sales total 11,645 which is -9.7% off the 12,901 deliveries year to date in 2009.

We’ve seen a steady decline in Corvette sales since May’s high of 1,428 units. GM has reacted immediately to the decline in Corvette sales by offering a new round of incentives targeting 2011 models: Buyers can get 3.9% financing for 60 months or 4.9% for 72 months with 120 days until the first payment is due.

November 2010′s production of Corvettes shows 995 were assembled. For the 2011 model year, a total of 6,520 Corvettes have been produced.

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-Jun 6,355 7,498 -15.2%
July 1,199 966 19.5% Jan-Jul 7,554 8,464 -10.8%
Aug 1,135 746 52.1% Jan-Aug 8,689 9,210 -5.7%
Sept 1,109 1,585 -30% Jan-Sep 9,798 10,795 -9.2%
Oct 1,011 1,154 -12.4% Jan-Oct 10,809 11,949 -9.5%
Nov 836 952 -12.2% Jan-Nov 11,645 12,901 -9.7%

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-Dec 13,934 26,971 -48.3%


Corvette Stock Report:

We still have no real-time counts of the 2011 Corvette inventory. A check of Jeff Hardy’s website shows a total of 1,582 2009-10 Corvettes on the ground. Here is the breakdown by years and models:

  • 2010 Corvettes – 1,518
  • 2009 Corvettes – 64

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 583
  • Corvette Convertibles – 248
  • Corvette GS Coupes – 232
  • Corvette GS Convertibles – 174
  • Corvette Z06 – 68
  • Corvette ZR1 – 213

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 9
  • Corvette Convertibles – 14
  • Corvette Z06 – 35
  • Corvette ZR1 – 6


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:

  • 2011 Model Year Production in November 2010: 995
  • 2011 Model Year To Date Through November 2010: 6,520
  • 2010 Calendar Year to Date through November 2010: 14,939


Source:
GM.com
JeffHardy.com

Related:
October 2010 Corvette Sales
September 2010 Corvette Sales

 

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