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September 2009 Corvette Sales

by Keith Cornett on October 2, 2009

Good news regarding Corvette sales! GM reports that 1,585 Corvettes were sold in the month of September which was an increase of 88% from August 2009′s 746 sales. We attribute both the end of the automotive buying frenzy created by the Cash for Clunkers program and the availability of the 2010 Corvette as major contributors to the sales increase.

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Corvette Clunkers: 243 C4 Corvettes Sacrificed for Govt Bounty

There’s no doubt the Cash For Clunkers program was successful for both buyers and dealers during the month and half the program was open. And I’m sure you all remember the video of the black C4 Corvette getting the sodium silicate treatment and dying a slow death. Now thanks to the final reporting going on, we learn that nearly 250 Corvettes – all C4′s – met a similar fate.

During the program’s run, 690,114 total vehicles were turned in. Digging through the list provided by Jalopnik we learned that 243 Corvettes were sacrificed for the $4,000 clunker bounty. While Corvettes only accounted for 0.03% of all clunker trade ins, what’s interesting is 100% of the Corvettes traded in were all C4s.

So we took a look at our Corvette Price Guide to see if the value of a C4 Corvette was more or less than the $4,000 trade-in value offered by the Government. Our values assume that the Corvette were in running condition and we selected the lowest value recorded for that model year as the comparison.

Model Year # of Clunkers Low Value
1984 12 $6,000
1985 91 $6,000
1986 66 $4,250
1987 63 $5,100
1988 6 $8,500
1989 5 $8,000

Many of the cars (Corvettes included) were probably in bad shape when traded. Lord knows we have seen our share of ragged out Corvettes. From the comments on the youtube video of the C4 Corvette that was destroyed, we read the car had a bad transmission, trashed interior, bad tires and a broken top so the cost to fix these items would have exceeded the Corvette’s value.

Knowing that these Corvettes will simply be crushed and discard as opposed to being parted out and recycled is the biggest shame of the Clunkers program.


Source:
Jalopnik

Related:
[VIDEO] Killing a C4 Corvette for the Cash for Clunkers Program

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Follow CorvetteBlogger’s Twitter Updates

by Keith Cornett on September 20, 2009

Follow CorvetteBlogger's Twitter Updates

Twitter has made it easier for you to follow CorvetteBlogger.com by providing a dedicated RSS feed of our updates, or tweets as they’re called. Since we launched our Twitter account in January we’ve made over 500 tweets and have 900+ people following us. Click here for our Twitter RSS feed or follow the link below to follow us on Twitter.

Chevy Launches Webpage Dedicated 2010 Corvette Grand Sport

Like it did with last year’s launch of the 2009 Corvette ZR1, Chevy has set up a dedicated webpage to the newest Corvette model, the 2010 Grand Sport. The site contains eight photos and a description of the Grand Sport. There is also a link for downloading a PDF brochure of all 2010 Corvette models.

Checking the regular Corvette website, we see that it still contains information relating to the 2009 models. Historically, the main Corvette website site keeps the previous model year online even as the factory is producing the new models. We speculate that this is to help sell as much remaining 2009 inventory as possible before introducing visitors to the 2010 model information.

The 12-page PDF brochure is very nicely produced and contains information and photos on all 4 Corvette models: Base Coupe & Convertible, Grand Sport, Z06 and the ZR1.

You can find 2010 Corvettes arriving now to dealers. In fact, we heard from Kerbeck Corvette that they now have over 60 new 2010 Corvettes in stock. If you are interested in ordering a new 2010 Corvette or seeing what they have on the lot now, give him a call at 877-537-2325 or visit Kerbeck Corvette.


Related:
Official 2010 Corvette Grand Sport Pricing Released
Download the 2010 Corvette Order Guide
What’s New for the 2010 Corvette
[VIDEO] Introduction and Reveal of the 2010 Corvette Grand Sport
Exclusive Photo Gallery: The 2010 Corvette Grand Sport

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Graph Shows Small-Block Power on Corvette Through the Years

by Keith Cornett on September 15, 2009

Small-Block Power on Corvette Through the Years

“Over 50 years of small-block dominance correlates very closely with the successful run of America’s favorite sports car, the Chevrolet Corvette.”

The graph illustrates Corvette power from 1955-2006. Since then, GM has added two more small-blocks for Corvette to the list:

  • 6.2L LS3 … 430 @ 5900
  • 6.2L LS9 … 638 @ 6500

Hi-Res Version

 

2010 Corvette Grand Sport LS3 Dry Sump Oil System Explained

The Dry Sump Lubrication System has been around now for several years as a standard option on the Corvette Z06 and the ZR1. But the with release of the 2010 Corvette Grand Sport, its the first that the system has been installed on the base LS3 engine. GM Assistant Chief Engineer for Small-Block Passenger Car Engines John Rydzweski gives us a tour of LS3′s dry sump system and we learn some interesting tidbits including where these engines are assembled.

As we’ve discussed previously, the Corvette Grand Sport program replaces the popular Z51 Performance package. With the manual Coupe version, Chevy takes the performance of the LS3 to a new level with the addition of the dry sump oil lubrication system. The system minimizes oil starvation during hard cornering.

A little know fact is that these dry-sump LS3 engines are assembled by hand alongside the LS7 and LS9 engines at the Performance Build Center at Wixom. Just like the Z06 and ZR1 power plants, these engines contain a badge with the builder’s name. They also go through the same quality tests before being shipped to Bowling Green.

Want an LS3 with the dry sump package? You’ll only find it on the 2010 Corvette Grand Sport Coupe equipped with a manual 6-speed transmission.


Source:
Vette Tube
Street Legal TV

Related:
[VIDEO] Chevrolet Releases 2010 Corvette Grand Sport Videos
[VIDEO] Juechter: Corvette Grand Sport is the New Z51
[VIDEO] The 2010 Corvette’s Launch Control System Explained
What’s New for the 2010 Corvette
[VIDEO] Introduction and Reveal of the 2010 Corvette Grand Sport
Exclusive Photo Gallery: The 2010 Corvette Grand Sport
Preview: The 2010 Corvette Grand Sport

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Corvette Assembly Plant Planning Additional Down Time

by Keith Cornett on September 8, 2009

The Corvette Assembly Plant in Bowling Green is planning additional furloughs for workers in the coming weeks. The plant will be idled during the weeks of 9/28-10/05 and 10/12-10/19.

I wrote last week how August Corvette sales were at the lowest levels since the start of the automotive recession. Let’s hope these additional downtimes are preventative and designed to keep inventories low and not indicative of 2010 model year sales.


Source:
CorvetteConti.com

August 2009 Corvette Sales

by Keith Cornett on September 2, 2009

Corvette sales have sunk to their lowest point since the beginning of the automotive recession which started the second half of 2008. In August, GM delivered 746 Corvettes, down from 966 in July and -82% off the 4,242 Corvettes delivered in the same time period a year ago. For the calendar year (Jan-Aug) there have been 9,210 Corvettes delivered, a decline of -56.3% from 2008 sales of 21,066.

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Corvettes Shine at Annual Carlisle Event

by Keith Cornett on August 31, 2009

Corvettes at Carlisle

The annual Corvettes at Carlisle show was held over the weekend in rainy Pennsylvania. Although the weather was rather poor at times it didn’t seem to dampen the spirits of the Corvette enthusiasts who attended. The manufacturers and vendors were out as well with the Corvette Team holding court and showing off the new 2010 Grand Sport. Featured guest and new Corvette ZR1 owner Mario Andretti addressed the crowd. The only downside of the 3-day event was the annual Corvette auction which appears to have been cancelled after two years of declining sales and interest.

We went through the Corvette forums and found a few threads chock full of Carlisle pics. You can view all the photos by hopping the link over the source:

Corvettes at Carlisle
MikeHill33 uploaded this Corvette and 327 other photos from the 2009 Corvettes at Carlisle to his Flickr account.


Corvettes at Carlisle
Corvette Forum Member “Shirl” found this interesting Kerbeck Grand Sport with some custom graphics. You can see his photo thread on the Corvette Forum.


Corvettes at Carlisle
“Montvalegolf” took this photo of the Corvette race car gathering. This and his other pics are on the Corvette Forum.


Corvettes at Carlisle
“Jay71″ has a thing for resto-mods. Check out his photo collection on the Corvette Forum.


Related:
Mario Andretti Selling His Corvette Z06 for a Corvette ZR1

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Corvette Museum to Display Historic Corvette Concepts

by Keith Cornett on August 31, 2009

Corvette Museum to Display Historic Corvette Concepts

Visitors to the National Corvette Museum’s 15th Anniversary Celebration are in for a real treat as General Motors will be loaning for display four Corvette Concept cars from its Heritage Collection. The four Corvettes to be displayed are the 1961 Mako Shark Concept, 1965 Manta Ray Concept, 1973 Aerovette Concept and the 1959 Stingray Racer.

The four cars will be displayed in the new Exhibit Hall, part of the multi-million dollar expansion that was completed this summer. The temporary display begins Tuesday, September 1st and continues through Wednesday, September 9th.

Here are the four One-of-a-Kind Corvettes that will be displayed at the NCM:


Mako Shark – 1961 Mako Shark XP-755 The Mako Shark was designed by Larry Shinoda under the direction of GM Design head Bill Mitchell in 1961 as a concept for future Chevrolet Corvettes. In keeping with the name, the streamlining, pointed snout and other detailing were partly inspired by the look of that very fast fish. The “Mako Shark” was very similar to the 1963 production Corvette it inspired, with some alterations. These included adding two more brake lights in the rear (six total), making the nose of the car longer and more pointed, creating a clear glass roof with a periscope-like rear-view mirror and remodeling the interior.

1961 (Mako) Shark XP-755 1961 (Mako) Shark XP-755


Manta Ray – 1969 Manta Ray In 1969 development began on the Manta Ray, created through a transformation of the Mako Shark II primarily from the cockpit to the rear of this elaborate car. Only the tapered “boat tail” motif remained with the addition of a new and considerably longer rear end in place of the abrupt duck tail. During the winter of 1969-70, the Manta Ray underwent subtle additional changes. These were the last changes to a dream car that had since become reality.

1969 Manta Ray 1969 Manta Ray 1969 Manta Ray


AeroVette – 1973 Four Rotor XP-882 AeroVette In 1976, the 1973 Corvette 4-Rotor concept was taken out of storage and renamed the Aerovette. The double rotary engine was replaced with a transversally mounted 400 CID V8 engine. Bill Mitchell, Vice President of Design, lobbied for the Aerovette as the next Corvette and GM chairman and CEO, Thomas Murphy actually approved the Aerovette for 1980 production. In the end, management decided that they were selling every fiberglass bodied, front engine V8 “traditional” Corvette they could build, so why make a huge risky investment in a mid-engine car. The Aerovette project was cancelled.

1973 Four Rotor XP-882 AeroVette 1973 Four Rotor XP-882 AeroVette 1973 Four Rotor XP-882 AeroVette


Stingray Racer – 1959 Stingray Racer XP-87 Bill Mitchell wanted to build a Corvette racecar capable of beating Europe’s best. With an AMA ban on manufacturer-sponsored racing, the project had to be privately financed and the design could not have any recognizable association with Chevrolet. With Mitchell’s own time and money heavily invested into the project, he contracted Larry Shinoda to assist in the development of the revolutionary concept. Combining the 1957 SS chassis with the new fiberglass body resulted in a sleek and muscular roadster. Mitchell’s Stingray was completed in 1959 with the engineering help of Zora Arkus-Duntov. Accomplished SCCA driver Dick Thompson raced the Stingray and piloted it to two consecutive class championships. At the end of the 1960 season, Mitchell retired the Stingray from competition, detuned it, added a full windshield and passenger seat, drove it on the street and exhibited it as an experimental show car.

1959 Stingray Racer XP-87 1959 Stingray Racer XP-87 1959 Stingray Racer XP-87


Sources:
National Corvette Museum
Photos via Remarkable Corvettes

Related:
Corvette Museum to Raffle One-of-a-Kind 2010 Grand Sport at the 15th Anniversary Celebration

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