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May 2007 Corvette Sales

by Keith Cornett on June 4, 2007

Second Quarter continues to remain strong for Corvette sales as the factory had its best sales month this year to date. In May 2007, customers took delivery of 3,300 Corvettes, just 17 less than what was sold in May 2006. For the 2007 calendar year (Jan-May) sales total 14,703 Corvettes. We’re still looking at an year-to-year decline of -8.8% from the 16,125 Corvettes sold in 2006.

Month Calendar Year-to-Date
Month 2007 2006 % Change Months 2007 2006 % Change
January 2,234 2,579 -16.8% Jan-Jan 2,234 2,579 -16.8%
February 2,784 3,058 -9.0% Jan-Feb 5,018 5,637 -11.0%
March 3,158 3,655 -16.7% Jan-Mar 8,176 9,292 -12.0%
April 3,227 3,516 -0.6% Jan-Apr 11,403 12,808 -11.0%
May 3,300 3,317 -4.3% Jan-May 14,703 16,125 -8.8%

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April 2007 Corvette Sales Technorati Tags:

C6.R Corvettes on test day at LemansToday’s pre-qualifying session at LeMans saw Corvette Racing setting the pace for the 15 car GT1 class. The #63 Corvette driven by Jan Magnussen, Johnny O’Connell and Ron Fellows ran the fastest lap in the class at 3:49.207. The #64 Corvette with Oliver Gavin, Olivier Beretta and Max Papis was third with a lap clocked at 3:51.628. Sandwiched between the two factory C6.R Corvettes was the #007 Aston Martin piloted by Enge, Herbert and Kox which lapped the famous track in 3:50.848. With 22 minutes remaining in the 8-hour testing session, Jan Magnussen posted the fast lap of the day, which was held by the #007 Aston Martin. The practice session gives the teams the opportunity to adjust aerodynamic settings, suspensions and test tires. This is the only practice session on the 8.5 mile course prior to the official practice and qualifying starting June 13th.

“Today has been the best ‘pre-qualifying’ I have ever had with Corvette Racing,” said Magnussen. “We managed to set up the car just the way we like it and made very good progress throughout the day. We now have a car with which we can attack hard without risking falling off, which is exactly what we’ll need for the race because I think this year will be a tough one.” “Some people wondered why we were racing in the American Le Mans Series even though we had no competition, and I think today’s result provides a clear answer,” said Doug Fehan. “We’ve done a tremendous amount of work over the winter and early this season, and the testing that we’ve done with Michelin has been outstanding. The drivers, engineers and mechanics did another exceptional job, and that’s one of the reasons why Corvette Racing is successful.”
Competing in the 15-car GT1 Class are five Corvettes (4 C6.R’s and 1 C5-R), six Aston Martin DBR9′s, two Saleen S7R’s, a Ferrari 550 and a Lamborghini Murcielago R-GT. Luc Alphand Adventures brings the C6.R Corvette that one at LeMans last year and the C5-R that finished third in class in 2006.Rounding out the Corvette teams is a C6.R Corvette from PSI Experience. Qualifying for the world’s most prestigious auto race is June 13-14 and the 24-hour race on June 16-17. The 24 Hours of Le Mans starts at 3 p.m. local time (9 a.m. EDT) on Saturday, June 16 and finishes at 3 p.m. (9 a.m. EDT) on Sunday, June 17. SPEED will televise 17.5 hours of coverage in North America starting at 8:30 a.m. EDT on June 16.
Photo Credit: Philppe CHEMIN – ACO/Nikon Related:
Corvette Racing’s Johnny O’Connell Previews LeMans Technorati Tags:

Corvette Racing’s Johnny O’Connell writes on his website about LeMans and the competition that the two C6.R teams will face. For the first half of the ALMS season, Team Corvette faced only one challenger – an Aston Martin at Sebring. That will change when the teams head to LeMans later this month where there will potentially be 15 or more cars in the GT1 class. Here’s some of what Johnny O has to say:

This year could perhaps be our most difficult ever. Not only will the factory Astons be there with a stronger package than what they had last year, but there will also be a few Saleens run by a very strong team that knows how to do well at Le Mans. The Saleen on paper should be the fastest, followed by the Aston….then us. Just kind of the way the ACO has written the rules. I think there are something like 15 or 17 GT1 cars. Most of them strong, so it will be a battle indeed. Our strength though, will be in the back of every teams mind. Our cars are the strongest. Bar none. We’ve proven it year after year. Both cars have always finished, and always at least one on the podium. In my mind it will take an extreme effort to qualify in the top 5. Again, just how things will play out speed wise. But Around the 20 hour mark, as others are struggling and getting fatigued as well as there cars, know that we’ll be pushing even harder.
The 24 Hours of Lemans will be held June 16-17th in France. SpeedTV will once again be providing coverage. For more Lemans Pre-Race notes from Johnny O’Connell, check out his website at
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2006: Corvette Racing Wins The 24 Hours of LeMans Technorati Tags:

One of the most influential voices in the Corvette Collector market has recently started his own blog. Terry Michaelis, owner of ProTeam Corvette Sales has been posting for a month or so on, and already the blog contains some great information about buying classic Corvettes. His first blog post was actually in January following the sale of the Last Sting Ray at the Barrett-Jackson auction in Scottsdale. Funny thing, he posted the video of the sale that I captured and shared here on A few years ago I was at the Winter auction in Kissimmee Florida when I noticed this guy wearing a ProTeam shirt. He was walking around a midyear Corvette that was second or third in line for the block. He had a cigar in his mouth and another 10 or so in his chest pocket. As he walked around the car, he ran his fingers along the outside wheel wells as his face maintained a sort of detached interest in the car. Yet you could tell that he was studying that Corvette hard. Right then I knew that this was a guy that knows Corvettes. A mutual friend of ours is Bob Kroupa from Vette-N-Vestments. Bob provides our yearly Corvette Pricing Guide as well as serves as our online Corvette appraiser at Bob once said that facts that Terry carries around with him is staggering. He’s got all those numbers in his head and can tell in just a minute or two whether or not a Corvette is original. I’ve run into a Terry a couple of times since then, almost yearly at the Mecum auction held each January. He probably doesn’t remember me from Adam, but that’s all right. I always try to say hello. ProTeam is sometimes derided in the hobby but I’ve never fully understood why. Terry and his staff travel the country buying investment-quality Corvettes and selling them at a profit. A buyer of a ProTeam Corvette can be guaranteed a super clean original Corvette that will provide a decent return on investment. And when you got 150 or so of these classics under one roof, that says something. Whenever I see a new Corvette blog, I always try to say hi. It’s great that we are getting different viewpoints and the knowledge that Terry shares will make us all smarter when buying or selling Classic Corvettes. Stop by Terry’s blog and give him an online Corvette wave.
Barrett-Jackson: The Last Sting Ray Fetches $660,000 Technorati Tags:
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Maybe All Corvettes Should Be Red

by Keith Cornett on May 30, 2007

There is a famous saying in Vettedom that goes “All Corvettes are Red”. After seeing this 1967 Corvette Convertible, I understand why. As my ’66 is black, I’ve never really took the statement to heart. But the statement isn’t about the actual color of the car, its about personality, like saying Blondes have more fun. A red corvette says “Here I am!” and screams “watch me go!”. A red Corvette tells the world that your ride is both fun, yet there is serious performance under the hood and all you need to do is stomp on the gas pedal to unleash it.

Little Red Corvette. Baby You're Much Too Fast!
Having said that, sometimes it is about the color. Red Corvettes tend to have a higher resale value and sell faster then most other colors. Even in the later models, Red Corvettes outsell their peers. In 2006, the two reds, Monterey and Victory, combined for nearly 1/3 of all Corvettes produced. Which brings us back to this gorgeous big block midyear. Offered for sale at $96,500 at
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Spy Photos: Little Red (SS) Corvette Technorati Tags:
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New for 2008 Corvettes: Jetstream Blue Metallic

by Keith Cornett on May 29, 2007

2008 Corvette in Jetstream Blue MetallicWay back in January we learned that a new exterior color called Jetstream Blue Metallic would be replacing the popular Lemans Blue Metallic on the 2008 Corvette. Our friend and proud new papa Rick Conti has just got his hands on the first photo of Jetstream Blue Metallic painted on an entire car, not just the fender as we saw David Hill carrying around May’s C5/C6 Bash at the Museum. The new color, coded 85U is reminiscent of previous lighter shades of blue used on Corvettes like Nassau Blue, Marina Blue and Mulsanne Blue. Also debuting in this photo is the new QG7 High Polished Wheel. The wheels high polished shine makes a nice contrast against the Jetstream Blue exterior and should be even more striking on black and red Corvettes.
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New Paint Chips Unveiled for 2008 Corvette
2007 Corvette Last Year for Le Mans Blue? Technorati Tags:

2007 Indianapolis 500 Corvette Pace CarRace fans at the Indianapolis Motor Speedway on Saturday will be in for a treat as 300 Corvettes and Camaros will lap one of auto racing’s most revered tracks. The lap around the historic 2.5 mile oval by Corvette and Camaro owners is sponsored by Chevrolet to celebrate the Corvette being selected as the official Pace Car for the 91st Indianapolis 500 race. But the fun doesn’t stop there. Corvette and Camaro owners will drive the lap around the track and then gather for a group photo at the Speedway’s Yard of Bricks. The drivers will then be treated to an evening at the Chevy display with food, live entertainment and a display of all nine Indianapolis 500 Corvette Pace cars.

“The premise for this program was to create an opportunity for our Corvette enthusiasts in the Indianapolis area to help us celebrate Chevrolet’s heritage pacing the Indianapolis 500,” said Terry Dolan, manager of Chevrolet Racing. “When our dealers approached five car clubs in the Indianapolis area about the idea there was unanimous support. Our 300 spaces to participate filled up very quickly.”
Corvette’s Chief Engineer Tom Wallace will be on hand to participate in the discussions and this year’s Corvette Pace Car driver Patrick Dempsey will stop by to meet and greet Chevrolet’s Corvette enthusiasts.
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Video: 1 Lap Around the Indy 500 in the Z06 Corvette Pace Car Technorati Tags:
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1963 Split Window Coupe CorvetteTop Gear Magazine has a list of what they consider The Top 100 Sexiest Cars. Three Corvettes made their list, but you’ve got to consider that since this is a British magazine, their definition of sexy is, well, cheeky at best. There doesn’t seem to be a whole lot of thought given to how the cars are ordered. For example, all the Lambo’s or Ferrari’s seem to be grouped together. And right in the middle of the list there are a group of race cars. As for the Corvettes, there are some glaring omissions on the list, but again, as this is Top Gear, which comes with a dose of bias against all cars American, we’re glad that at least three cars made the list. Number 74 was simply listed as a “Seventies” Corvette. (The picture is that of a 1973 Coupe). But they do include a 1963 Split Window Coupe at Number 89 and Corvette Racing’s C6.R at Number 71 so we’ll give them a pass. Favorite Quote:
1963 Chevy Corvette Stingray. If this is the American dream, we want more time in bed…
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Two Corvettes Make Edmunds 2007 Most Wanted List Technorati Tags:

Indianapolis 500: Corvette Pace Car Photoshoot

by Keith Cornett on May 22, 2007

Patrick Dempsey, star of TV’s “Grey’s Anatomy” and driver of this year’s Corvette Pace Car at the Indianapolis 500, spent some quality time with the Pace Car in preparation for the annual Memorial Day race.

Patrick Dempsey with the Indy 500 Corvette Pace Car Patrick Dempsey with the Indy 500 Corvette Pace Car Patrick Dempsey with the Indy 500 Corvette Pace Car
Patrick Dempsey with the Indy 500 Corvette Pace Car Patrick Dempsey with the Indy 500 Corvette Pace Car
Update: Click here for video of an interview with Patrick Dempsey about the Corvette Pace Car.
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Patrick Dempsey to Drive Indianapolis 500 Corvette Pace Car Technorati Tags:
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Corvette: The Next Four Door Sports Car?

by Keith Cornett on May 22, 2007

 A Corvette Sedan?GM’s Vice Chairman Bob Lutz has been a student of the automobile business his whole life. When he sees success from rivals, in this case its Porsche, he opens his mouth in a sort of “off the cuff” manner and delivers a one-liner that sends car journalists into a frenzy. In an interview with Automotive News, Lutz did just that. Admiring Porsche for extending its brand beyond the two-seater sports car with models ranging from crossovers to sedans, Lutz delivers the zinger de jour: “You could do the same thing with the Corvette”. The Corvette has served GM faithfully for its 50+ year run. During that time, we’ve heard of ideas come and go about the General’s Halo car. Every few years, there is talk of splitting Corvette from Chevrolet to become its own brand. Previously, Corvette engines were installed in the Impala, Camaro and Trailblazer. And with the coming return of the newly redesigned Impala and Camaro, we will probably see Corvette engines in them as well. So, do we really need to have a Corvette sedan? Of course not. GM already has models in place that could compete for the title of the next great four-door sports car, and frankly, the company needs another winner that isn’t a Corvette. A sedan built with “Corvette technology” would be much better received than a Corvette designed with “sedan styling” in mind.
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A V6 Corvette? Hell No Chevy!!! Technorati Tags:
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