February 2010 Corvette Sales

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February 2010 Corvette Sales

Corvette sales hit a new low last month with just 624 Corvettes delivered during February 2010. That’s a decline of -39% from February 2009’s 1,027 sales figure and -26.9% off of January 2010’s 854 deliveries. A shortened selling period of 24 days combined with several winter storms that blanketed much of the country is to blame for the decline.

The bigger news this period is that ZR1 inventories continue to rise. As of yesterday, there are now 256 Corvette ZR1s available at dealer showrooms, an increase of 65 ZR1s available at the beginning of February. Overall, 2010 Corvette inventories grew during the month of February from 1,685 to 2,389 as of March 1st. If Corvette sales don’t pick up soon, it’s very likely we’ll see additional plant closures in the coming months.


2010 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2010 2009 % Change Months 2010 2009 % Change
January 854 842 1.4% Jan-Jan 854 842 1.4%
February 624 1,027 -39.2% Jan-Feb 1,478 1,869 -20.9%

2009 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2009 2008 % Change Months 2009 2008 % Change
January 842 2,015 -58.2% Jan-Jan 842 2,015 -58.2%
February 1,027 2,071 -50.4% Jan-Feb 1,869 4,086 -54.3%
March 1,183 2,692 -56.1% Jan-Mar 3,052 6,778 -55.0%
April 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 3,172 Corvettes on the ground. Here is the breakdown by years and models:

  • 2010 Corvettes – 2,389
  • 2009 Corvettes – 718
  • 2008 Corvettes – 65

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 949
  • Corvette Convertibles – 237
  • Corvette GS Coupes – 588
  • Corvette GS Convertibles – 272
  • Corvette Z06 – 101
  • Corvette ZR1 – 242

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 212
  • Corvette Convertibles – 147
  • Corvette Z06 – 345
  • Corvette ZR1 – 14

2008 Corvette Inventory Breakdown:

  • Corvette Coupes – 2
  • Corvette Convertibles – 44
  • Corvette Z06 – 19


Source:
GM.com
JeffHardy.com

Related:
January 2010 Corvette Sales
December 2009 Corvette Sales

 



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