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March 2011 Corvette Sales

by Keith Cornett on April 4, 2011

March 2011 Corvette Sales

More good news from General Motors regarding Corvettes. Sales of America’s sports car continue to gain momentum as outlined in GM’s monthly sales report for March 2011. 1,163 Corvettes were delivered last month, a 17.3% increase over the 955 Corvettes delivered during March 2010. This was the best sales month for Corvettes since July 2010 and the first 1,000+ selling month since October 2010. For the calendar year, Corvette sales were 2,839, a 16.7% increase over last year’s 2,433 Corvettes sold January-March 2010.

The new numbers have us cautiously optimistic despite the fact that over one-third of all 2011 Corvettes are sitting on dealer lots and showrooms. A total of 4,399 Corvettes are available including 368 ZR1s

Current offers from GM for 2010 Corvettes inclue a $4,000 cash allowance or 0% financing for 72 months for qualified buyers. 2011 Corvette buyers have a 1.9% for 60 months offer. You can also talk with participating dealers about leasing a new 2011 Corvette.

 

Corvette Delivery Statistics for March 2011
Month Calendar Year-to-Date
Month 2011 2010 % Change Months 2011 2010 % Change
March 1,163 955 +17.3% Jan-Mar 2,839 2,433 +16.7%

Archived Monthly Corvette Delivery Statistics
Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Total
2011 721 955  1,163                     
2010 854 624 955 1,089 1,428 1,405 1,199 1,135 1,109 1,011 836 979 12,624
2009 842 1,027 1,183 1,407 1,643 1,396 966 746 1,585 1,154 952 1,033 13,934
2008 2,015 2,071 2,692 3,190 2,904 2,082 1,870 4,242 2,318 1,170 1,093 1,324 26,971
2007 2,234 2,784 3,158 3,227 3,300 2,377 2,377 2,877 2,837 2,484 2,438 2,914 33,685
2006 2,579 3,058 3,655 3,516 3,317 2,938 2,794 2,990 3,056 2,761 2,773 3,081 36,518


Corvette Stock Report:

A check of Jeff Hardy’s website shows a total of 4,399 Corvettes on the ground. Last month’s total was 4,768 for a net change of -369 Corvettes. Here is the breakdown by years and models:

  • 2011 Corvettes – 3,745
  • 2010 Corvettes – 634
  • 2009 Corvettes – 20

2011 Corvette Inventory Breakdown:

  • Corvette Coupes – 1,059
  • Corvette Convertibles – 241
  • Corvette GS Coupes – 1,393
  • Corvette GS Convertibles – 639
  • Corvette Z06 – 144
  • Corvette ZR1 – 269

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 236
  • Corvette Convertibles – 143
  • Corvette GS Coupes – 70
  • Corvette GS Convertibles – 66
  • Corvette Z06 – 25
  • Corvette ZR1 – 94

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 1
  • Corvette Convertibles – 4
  • Corvette Z06 – 10
  • Corvette ZR1 – 5


Bowling Green Production:

  • 2011 Model Year Production in March 2011: 1,469
  • 2011 Model Year To Date Through March 2011: 10,442
  • 2011 Calendar Year to Date through March 2011: 3,070


Source:
GM.com
JeffHardy.com

Related:
February 2011 Corvette Sales
January 2011 Corvette Sales

 

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