October 2010 Corvette Sales

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October 2010 Corvette Sales

Last week General Motors released the monthly sales report and for the seventh straight month, the number of Corvettes remained higher than 1,000 units. But is there bad news on the horizon? October’s delivery of 1,011 Corvettes marked the sixth straight decline from May’s 1,428 deliveries. October’s sales lagged -12.4% from the 1,154 Corvettes delivered a year ago and year to date sales are running -9.5%.

As far a production numbers, the Bowling Green Assembly Plant produced 616 2011 Corvettes in October 2010. This was 802 units less than the 1,418 Corvettes produced in September 2010. We asked a representative at the plant about the decline and it turns out there was a two week shutdown for plant maintenance.

Our Corvette Stock Report remains incomplete as we don’t have real-time inventory data on 2011 Corvettes. As stated, the Bowling Green Assembly Plant produced 616 Corvettes and 5,525 2011 Corvettes have been built this year. There are still 1,762 2010 Corvettes available as well as 71 2009 models still available at dealerships.

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%
June 1,405 1,396 0.6% Jan-Jun 6,355 7,498 -15.2%
July 1,199 966 19.5% Jan-Jul 7,554 8,464 -10.8%
Aug 1,135 746 52.1% Jan-Aug 8,689 9,210 -5.7%
Sept 1,109 1,585 -30% Jan-Sep 9,798 10,795 -9.2%
Oct 1,011 1,154 -12.4% Jan-Oct 10,809 11,949 -9.5%

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:

We still have no real-time counts of the 2011 Corvette inventory. A check of Jeff Hardy’s website shows a total of 1,833 2009-10 Corvettes on the ground. Here is the breakdown by years and models:

  • 2010 Corvettes – 1,762
  • 2009 Corvettes – 71

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 673
  • Corvette Convertibles – 270
  • Corvette GS Coupes – 288
  • Corvette GS Convertibles – 212
  • Corvette Z06 – 82
  • Corvette ZR1 – 237

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 10
  • Corvette Convertibles – 14
  • Corvette Z06 – 40
  • Corvette ZR1 – 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:

  • 2011 Model Year Production in October 2010: 616
  • 2011 Model Year To Date Through October 2010: 5,525
  • 2010 Calendar Year to Date through October 2010: 13,944


Source:
GM.com
JeffHardy.com

Related:
September 2010 Corvette Sales
August 2010 Corvette Sales

 



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4 COMMENTS

  1. This is not suprising that sales are still slow. The economy is still bad. Not everybody at this time can afford a new Corvette. Could it also be that a lot of potential buyers are holding out for the C7?

  2. Hope this lack of production and sales does not lead to the demise of our beloved Corvette. I understand there may be rummors of that in Detroit? GM could also decide to pack up and leave Bowling Green since they do not own the building and lease it from Chrysler….

Comments are closed.