May 2010 Corvette Sales

By
Keith Cornett
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May 2010 Corvette Sales

May 2010 Corvette sales report was released today by General Motors and the good news is that deliveries are at their highest level since September 2009. 1,428 Corvettes were delivered in May compared to April 2010’s 1,089 Corvettes the month prior. Corvettes haven’t sold this well since the 1,585 Corvettes sold in September 2009. Compared to a year ago, sales are off -13.1% with 1,643 Corvettes sold in May 2009 and calendar year to date sales are down -18.9%.

We are still seeing growth in the national inventory. Total 2008-2010 Corvettes on dealers lots grew 272 units over the last month to 4,843. Corvette Grand Sports currently make up 43% of total inventory which shows the strength of the new model. We are monitoring current Corvette ZR1 inventory and our stock report shows 422 2010 Corvettes and 11 2009 Corvette ZR1s are available.

Several rebates and incentives are still in place including 0% APR financing on 2010 Corvettes for 60 months or 3.9% APR financing for 72 months. Also look for the $1000 Toyota/Lexus rebate which is still in effect.

2010 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2010 2009 % Change Months 2010 2009 % Change
Jan 854 842 1.4% Jan-Jan 854 842 1.4%
Feb 624 1,027 -39.2% Jan-Feb 1,478 1,869 -20.9%
Mar 955 1,183 -19.3% Jan-Mar 2,433 3,052 -20.3%
Apr 1,089 1,407 -22.6% Jan-Apr 3,522 4,459 -21.0%
May 1,428 1,643 -13.1% Jan-May 4,950 6,102 -18.9%

2009 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2009 2008 % Change Months 2009 2008 % Change
Jan 842 2,015 -58.2% Jan-Jan 842 2,015 -58.2%
Feb 1,027 2,071 -50.4% Jan-Feb 1,869 4,086 -54.3%
Mar 1,183 2,692 -56.1% Jan-Mar 3,052 6,778 -55.0%
Apr 1,407 3,190 -55.9% Jan-Apr 4,459 9,968 -55.3%
May 1,643 2,904 -43.4% Jan-May 6,102 12,872 -52.6%
June 1,396 2,082 -32.9% Jan-Jun 7,498 14,954 -49.9%
July 966 1,870 -48.3% Jan-Jul 8,464 16,824 -49.7%
Aug 746 4,242 -82.4% Jan-Aug 9,210 21,066 -56.3%
Sept 1,585 2,318 -31.6% Jan-Sept 10,795 23,384 -53.8%
Oct 1,154 1,170 -1.4% Jan-Oct 11,949 24,554 -51.3%
Nov 952 1,093 -12.9% Jan-Nov 12,901 25,647 -49.7%
Dec 1,033 1,324 -22.0% Jan-Nov 13,934 26,971 -48.3%


Corvette Stock Report:

A check of Jeff Hardy’s website shows a total of 4,843 Corvettes on the ground. Here is the breakdown by years and models:

  • 2010 Corvettes – 4,496
  • 2009 Corvettes – 313
  • 2008 Corvettes – 34

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 1,540
  • Corvette Convertibles – 432
  • Corvette GS Coupes – 1,229
  • Corvette GS Convertibles – 704
  • Corvette Z06 – 169
  • Corvette ZR1 – 422

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 62
  • Corvette Convertibles – 55
  • Corvette Z06 – 185
  • Corvette ZR1 – 11

2008 Corvette Inventory Breakdown:

  • Corvette Coupes – 2
  • Corvette Convertibles – 25
  • Corvette Z06 – 7


Bowling Green Production:

GM included these figures in its monthly sales reports that shows production by assembly plant. Here they are for the Bowling Green Assembly Plant:

  • 2010 Model Year Production in May 2010: 1,611
  • 2010 Model Year To Date Through May 2010: 11,510
  • 2010 Calendar Year to Date through May 2010: 7,735


Source:
GM.com
JeffHardy.com

Related:
April 2010 Corvette Sales
March 2010 Corvette Sales

 



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