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May 2011 Corvette Sales

by Keith Cornett on June 1, 2011

May 2011 Corvette Sales

General Motor released their monthly sales figures for May and Corvette sales continue to encourage us. In May 2011, 1,304 Corvettes were delivered to new buyers. Although the sales figures are down 8.7% over May 2010′s 1,428 Corvettes, it does rank as the second best month of sales since last May. For the calendar year, 5,597 have been sold which is pacing 13.1% over the 4,950 Corvettes sold the same time in 2010. Like I said, Corvette sales for 2011 are very encouraging.

To keep the sales rolling, Chevrolet has extended the factory incentives on new Corvettes through the July 4th weekend. For 2011 Corvette models, buyers can receive $3,000 Dealer Cash or 1.9% financing up to 60 months or 2.9% for 72 months. For the remaining 2010 Corvettes that are still in dealer showrooms, $4,000 in Customer Cash is available or finance it for 72 months at 0% interest. The only Corvette model excluded in the latest round of rebates is the 2011 Corvette Z06 Carbon Edition.

Speaking of the Corvette Z06 Carbon Edition, we heard that production of the limited edition lightweight Corvettes have finished and a total of 252 were built. Searching Jeff Hardy’s website, we see a number of them listed as available for sale. To view the VINs and window stickers, go to JeffHardy.com and search 2011 Z06s in Supersonic Blue or Inferno Orange.

Finally, we are tracking a national inventory of 3,987 Corvettes. 3,595 are 2011s, 378 are 2010s and the final 14 are 2009 Corvettes.

 

Corvette Delivery Statistics for May 2011
Month Calendar Year-to-Date
Month 2011 2010 % Change Months 2011 2010 % Change
May 1,304 1,428 -8.7% Jan-May 5,597 4,950 +13.1%

Archived Monthly Corvette Delivery Statistics
Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Total
2011 721 955 1,163 1,454                  
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 3,987 Corvettes on the ground. Last month’s total was 4,412 for a net change of -425 Corvettes. Here is the breakdown by years and models:

  • 2011 Corvettes – 3,595
  • 2010 Corvettes – 378
  • 2009 Corvettes – 14

2011 Corvette Inventory Breakdown:

  • Corvette Coupes – 967
  • Corvette Convertibles – 242
  • Corvette GS Coupes – 1,318
  • Corvette GS Convertibles – 643
  • Corvette Z06 – 206
  • Corvette ZR1 – 219

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 123
  • Corvette Convertibles – 94
  • Corvette GS Coupes – 39
  • Corvette GS Convertibles – 38
  • Corvette Z06 – 21
  • Corvette ZR1 – 63

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 1
  • Corvette Convertibles – 1
  • Corvette Z06 – 8
  • Corvette ZR1 – 4


Bowling Green Production:

  • 2011 Model Year Production in May 2011: 1,333
  • 2011 Model Year To Date Through May 2011: 12,773
  • 2011 Calendar Year to Date through May 2011: 5,401


Source:
GM.com
JeffHardy.com

Related:
April 2011 Corvette Sales
March 2011 Corvette Sales

 

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