February 2018 Corvette Sales

General Motors released the Corvette sales report for February 2018 on March 1st. That report shows 1,351 Corvettes were delivered during the month, a decline of -35.1% from the 2,081 Corvettes sold a year ago. For the calendar year to date (Jan-Feb 2018), a total of 2,356 Corvettes have found new homes. That number is a decline of -29% over the 3,344 total sales in 2017 during the same time frame as well.

Chevrolet did see a 34.4% increase in Corvette sales from January 2018’s total of 1,005 Corvettes. That number was the lowest monthly sales total since the C7 Corvette first hit the market.

GM started shipping the 2019 model year Corvettes around the in the 2nd half of the month and so I expect the March 2018 report to reflect these customer deliveries. Months that follow the release of a new model year generally do well, but with that now falling so early for the 2019 models, we’ll just have to wait and see what kind of demand there is for the new model year.

One other thing to keep in mind when comparing sales numbers from 2017 to 2018 is that following the plant upgrades, production has been slowed from 17 cars per hour to 12 cars per hour. So strictly on the basis of production, there will be less cars produced monthly than the first half of last year simply for that reason alone.

As far as rebates and incentives go, there is still a Flex-Cash incentive on specially marked 2017 and 2018 Corvettes. The 2017s get an $8,000 discount while the 2018s receive $6,000. Chevrolet is now offering a $2,500 Competitive Cash Allowance on 2017 and 2018 Corvettes to current owners and lessees of 1999 and newer select non-GM vehicles and there’s also a $1,000 loyalty bonus for Chevrolet owners. Check with your dealers for details and availability.

Here’s the GM Sales Report for Corvettes in February 2018:

Corvette Sales Monthly Archive:

General Motors sold a total of 168,971 vehicles in February 2018 to retail customers while Chevrolet had 108,246 in retail sales. Chevrolet’s crossovers were up 7 percent compared to a year ago, with the Equinox, Traverse and Bolt EV posting their best-ever February sales. The Chevrolet Suburban and Colorado also had very strong February sales, with deliveries up 28 percent and 7 percent, respectively.

Our monthly GM sales reports are sponsored by Kerbeck Corvette in Atlantic City, NJ. Talk to one of Kerbeck’s Corvette Specialists and get behind the wheel of your Corvette dream today. To view Kerbeck’s inventory of Corvette Stingrays, Grand Sports and Z06s, click here. Visit Kerbeck Corvette on the web at www.kerbeck.com or call Dave Salvatore at 877-537-2325.

Source:
General Motors

Related:
January 2018 Corvette Sales
The Top 50 Corvette Dealers of 2017 (through December 31st)
December 2017 Corvette Sales
November 2017 Corvete Sales
October 2017 Corvette Sales
September 2017 Corvette Sales
August 2017 Corvette Sales
August 2017 Corvette Sales
June 2017 Corvette Sales
May 2017 Corvette Sales
Top 50 Corvette Dealers in 2017 (through April 30th)
April 2017 Corvette Sales
March 2017 Corvette Sales
February 2017 Corvette Sales
January 2017 Corvette Sales