In our first Corvette sales update since GM moved to quarterly reporting, Chevrolet is reporting that 5,785 Corvettes were sold during the months of April-June 2018. Officially, this is a decrease of -26.2% from the 7,903 Corvettes sold during the 2nd quarter of 2017.
For the calendar year (January-June), Chevrolet has delivered a total of 10,242 Corvettes. This is a decrease of 25.3% over the 13,707 Corvettes delivered during the same time period in 2017.
Once again we caution that these large decreases are expected following the change in production rates after last summer’s renovations.
Trying to analyze Corvette production numbers on a quarterly basis and applying them to last year’s monthly totals (when production was faster) is like comparing apples to oranges. The average for the Q2 total of 5,785 Corvettes is 1,928 cars per month, and that number seems to match up against the last six months which is when 2018 production restarted.
About the change to quarterly reporting, General Motors had said that the 30-day reporting schedule isn’t enough time to separate real sales trends from short-term fluctuations.
“Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market,” said Kurt McNeil, U.S. vice president, Sales Operations. “Reporting sales quarterly better aligns with our business, and the quality of information will make it easier to see how the business is performing.”
Here’s the GM Sales Report for Corvettes in the 2nd Quarter of 2018:
|Corvette Delivery Statistics for 2nd Quarter 2018|
|Quarter||2018||2017||% Change||Months||2018||2017||% Change|
Corvette Sales Monthly Archive:
|Archived Monthly Corvette Delivery Statistics|
|2018||1,005||1,351||2,101||— 5,758 —||10,242|
General Motors sold a total of 758,376 vehicles over 2nd Quarter 2018 with Chevrolet and GMC SUVs and Crossovers leading the way. Chevrolet saw record crossover deliveries in the second quarter and the first half of 2018. It was the best-ever second quarter and first half for the Trax and Traverse, and the best first half ever for the Equinox. Chevrolet and GMC delivered industry-leading pickup sales for the second quarter and first half of 2018. Sales were up 21 percent in the second quarter versus a year ago, and up 12 percent in the first half.
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