GM Reports 3,910 Corvettes Were Sold During Fourth Quarter 2018

GM released their sales totals this morning for Fourth Quarter 2018. During the months of October, November, and December, the automaker reported a total of 3,910 Corvettes sold. This is a -36.8% decline from the number Corvettes sold during the 4th quarter of 2018. It also represents a decline of -15.7% from the 3rd Quarter ’18 sales of 4,639.

For the 2018 Calendar Year, GM sold 18,791 Corvettes in the USA, a decline of -25.1% over the 25,079 delivered during 2017.

The 4th Quarter 2018 sales figures represent the lowest quarterly sales period for Corvette in 2018, even underperforming 1st Quarter’s 4,457 Corvettes sold during the traditional winter months. But perhaps the most interesting number is the Calendar Year sales of 18,791 which harkens back to the sales totals seen during the final years of the C6. The figure is nearly half of what it was during 2014 which saw the sales of 34,836 Corvettes during the C7’s first full year of production.

One of the positive signs for Corvette sales has to do with the 2019 Corvette ZR1. Based on VIN sequence numbers, Chevrolet built an estimated total of around 1475 ZR1s during the 2018 Calendar Year. And if you figure the average price on a ZR1 is roughly $130K, that equals $192 million in ZR1 sales. These are estimates of course, but not too shabby for a single model…

We checked the current offers at Chevrolet.com and other than the lease deal for the base Stingray, there is nothing else shown as the moment for any discounts or incentives for Corvettes. As always, check with your dealers to see what they can offer.

With GM raising prices on all Corvette models and a new C8 on the horizon, I do not see this trend of declining sales ending anytime soon.

Here’s the GM Sales Report for Corvettes in the 4th Quarter of 2018:

Corvette Sales Monthly Archive:

The following is excerpted from the 4th Quarter Sales Report:

DETROIT – General Motors (NYSE: GM) announced today that it delivered 2,954,037 vehicles in 2018, including more than 1 million crossovers, almost 974,000 pickup trucks and more than 280,000 large SUVs.

“We have built the most successful pickup, SUV and crossover business in the industry and we gained considerable momentum in the fourth quarter of 2018 as dealers began delivering the all-new Chevrolet Silverado, GMC Sierra and Cadillac XT4,” said Kurt McNeil, U.S. vice president, Sales Operations.

GM’s fourth quarter deliveries totaled 785,229 units and the company’s share of the industry’s retail sales grew every month from October through December.

“We feel confident heading into 2019 because we have more major truck and crossover launches coming during the year and the U.S. economy is strong,” McNeil added.

Our sales results posts GM sales reports are sponsored by Kerbeck Corvette in Atlantic City, NJ. Talk to one of Kerbeck’s Corvette Specialists and get behind the wheel of your Corvette dream today. To view Kerbeck’s inventory of Corvette Stingrays, Grand Sports, Z06s, and ZR1s click here. Visit Kerbeck Corvette on the web at www.kerbeck.com or call Dave Salvatore at 877-537-2325.

Source:
General Motors

Related:
GM Reports 4,639 Corvettes Were Sold During Third Quarter 2018
GM Reports 5,785 Corvettes Sold During the 2nd Quarter of 2018
March 2018 Corvette Sales
February 2018 Corvette Sales
January 2018 Corvette Sales
The Top 50 Corvette Dealers of 2017 (through December 31st)
December 2017 Corvette Sales
November 2017 Corvete Sales
October 2017 Corvette Sales
September 2017 Corvette Sales
August 2017 Corvette Sales
August 2017 Corvette Sales
June 2017 Corvette Sales
May 2017 Corvette Sales
Top 50 Corvette Dealers in 2017 (through April 30th)
April 2017 Corvette Sales
March 2017 Corvette Sales