October 2008 Corvette Sales

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We knew sales would be down for the month of October, but I wasn’t expecting the news to be this bad. Corvette sales declined an astounding 52.9% in the month of October with only 1,170 units delivered. Now we know why the Corvette assembly plant will be idled for the second time come December.There’s not much point trying to analyze sales numbers that are this bad. We all know what’s happened to the financial outlook for the country over the past month and unfortunately, the future for the Corvette Program in the short term isn’t much better. GM has scaled back production, closed the factory (twice) and postponed indefinitely the development on the next generation C7.

Take a deep breath and go watch this video again to change your attitude.

2008 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2008 2007 % Change Months 2008 2007 % Change
January 2,015 2,234 -9.8% Jan-Jan 2,015 2,234 -9.8%
February 2,071 2,784 -25.6% Jan-Feb 4,086 5,018 -18.6%
March 2,692 3,158 -14.8% Jan-Mar 6,788 8,176 -17.1%
April 3,190 3,227 -1.1% Jan-Apr 9,968 11,403 -12.6%
May 2,904 3,300 -12.0% Jan-May 12,872 14,703 -12.5%
June 2,082 3,055 -31.8% Jan-Jun 14,954 17,758 -15.8%
July 1,870 2,377 -21.3% Jan-Jul 16,824 20,135 -16.4%
August 4,242 2,877 47.4% Jan-Aug 21,066 23,012 -8.5%
September 2,318 2,837 -18.3% Jan-Sept 23,384 25,849 -9.5%
October 1,170 2,484 -52.9% Jan-Oct 24,554 28,333 -13.3%


2007 Corvette Delivery Statistics
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%
June 3,055 2,938 0.1% Jan-Jun 17,758 19,063 -6.8%
July 2,377 2,794 -11.4% Jan-Jul 20,135 21,857 -7.9%
August 2,877 2,990 -3.8% Jan-Aug 23,012 24,842 -7.4%
September 2,837 3,056 -3.5% Jan-Sept 25,849 27,903 -7.4%
October 2,484 2,761 -13.5% Jan-Oct 28,333 30,664 -7.6%
November 2,438 2,773 -12.1% Jan-Nov 30,771 33,437 -8.0%
December 2,914 3,081 -5.4% Jan-Dec 33,685 36,518 -7.8%


Corvette Stock Report:

A check of Jeff Hardy’s website shows a total of 8,043 Corvettes on the ground and can be broken down into the following years:

  • 2007 Corvettes – 130
  • 2008 Corvettes – 2,493
  • 2009 Corvettes – 5,420
Here’s the current breakdown in 2008 Corvette inventory in case you’re still looking to score a deal:
  • 1,050 Corvette Coupes
  • 799 Corvette Convertibles
  • 644 Corvette Z06


Source:
GM.com
JeffHardy.com

Related:
Corvette Assembly Plant to be Idled in December
GM: Corvette Production Being Cut to Reduce Supply
September 2008 Corvette Sales

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1 COMMENT

  1. The plant was also shutdown unannounced on voting day nd I hear they are shutting down NEXT Friday too.

    The rumor for the Allied drivers is that they may go down the entire month of December. Not enought orders to keep her going right now. Very sad and sick to see

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