Corvette sales are holding steady according to the latest sales report from General Motors. Deliveries of Corvettes in August hit 1,135 units which was 64 cars less than July 2010′s 1,199 sales. Year to date, sales are up 52.1% over August 2009′s dismal 746 Corvettes sold. In fact, August 2010 marks the third straight month of increases over 2009′s deliveries. However, last year at this time, the cash for clunkers program was in full swing which heavily impacted the sales of Corvettes and other cars not covered by the program. For the calendar year, 8,689 Corvettes have been sold which is a decline of 5.7% from 2009′s 9,210 Corvettes sold.
I figured it would only be a matter of time before someone got hold of a GM executive for comment on the recent rumors of a mid-engine C7 Corvette equipped with a V6 and a wet dual-clutch transmission. Vice President of Global Vehicle Engineering Karl-Friedrich Stracke spoke with Automotive News and Autoweek on Tuesday and said the next-generation Corvette C7 will not be a mid-engine sports car and no V6 is planned or being tested.
GM released the sales figures for July this morning and for the first time since 2006, we have two consecutive months of growth in Corvette sales. While June 2010′s sales increase was a paltry 0.6%, July 2010 showed better results with a 19.5% sales increase over July 2009′s sales. Last month 1,199 Corvettes were delivered, 233 more than July 2009′s Corvette sales. For the calendar year to date, sales are 7,554 Corvettes delivered which is now just -10.8% off the 8,464 Corvettes delivered during the same time period last year.
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.
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.
Last week’s gift of a 2010 Corvette Grand Sport Convertible to Detroit Tigers pitcher Armando Galarraga, whose quest for a perfect game was ended by a blown call, garnered all sorts of attention for General Motors. While the detractors like The New York Times questioned the taxpayer-subsidized sports car giveaway to a professional athlete, it turns out the goodwill gesture netted GM nearly $9 million in publicity.
GM has released the MSRP pricing for the 2011 Corvette and overall, prices for all the models except the Corvette ZR1 have increased just $20 over the prices of the 2010 Corvette. For the ZR1, pricing has increased $2,920 to $109,800 for the base model.
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%.