One of the concerns we’ve had over the past few months is the growing inventory surplus of Corvette ZR1s. Since January this year, the amount of available Corvette ZR1s has grown from 175 units to over 500 at the beginning of July. GM has obviously seen the trend as well and has decided to offer the very first rebates for the 638-horsepower supercharged Corvette.
GM / Factory News
Can you name any other car company that allows buyers to assemble their own engines, travel the assembly line along side their car, take delivery in a museum and then receive a photo book of the assembly process? With the new Engine Build Experience option introduced this week, Corvette absolutely raises the bar with the opportunities it affords to new buyers. Here is a nice recap of the available production/delivery experiences along with links for more info.
Since 1981, the Chevrolet Corvette has called Bowling Green home. But a news report by a Michigan television station suggests that America’s Sports Car may be moving its production to Lansing.
We heard back in January that GM was considering adding a program that would allow owners the opportunity to build the engine that would be installed in their new Corvette. Yesterday, GM announced that the Corvette Engine Build Program would be available starting in 2011 for customers who order a Corvette Z06 or ZR1.
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.
Corvette’s Head Designer Kirk Bennion has a new ride this summer: A 2011 Inferno Orange Corvette Z06. The Corvette is outfitted with stripes from the Genuine Corvette Accessories catalog and are Cyber Gray in color. We agree that the color matches well with the first year Inferno Orange as does the black front splitter and rear body-length spoiler.
With hundreds of Corvette plant assembly workers looking on, Governor Beshear signed into law House Bill #104 declaring the Chevrolet Corvette the Official Sports Car of the State of Kentucky. Gov Beshear appropriately used an Arctic White Corvette ZR1 as his podium for the signing event at the assembly plant.
The Bowling Green Assembly Plant is one of nine plants that will remain open throughout the summer as GM works to meet customer demand. Like all GM assembly plants. BGAP normally schedules an annual summer shutdown during the first two weeks of July for maintenance or performing upgrades that is can only do when the assembly line is silent. But due to low inventories, GM will keep producing vehicles.
Production of the 2010 Corvette model has wrapped up and GM has released the final production statistics for the 2010 Corvette model year. The final count of Corvettes produced for MY 2010 is 12,194. That’s a decrease of 28.1% from 2009′s 16,956 production and a whopping 65.5% off the 35,310 Corvettes produced in 2008.