General Motors released its Sales Reports for the 4th Quarter of 2019 this morning. The report is mostly positive with Chevrolet recording the sale of 3,491 Corvettes during the final three months of the year. It’s a decline of 10.7% over the 3,910 Corvettes sold during 4Q 2018.
For the calendar year of 2019, Chevrolet sold 17,988 Corvettes which was down just 4.3% over sales recorded in 2018.
As we look back through the years (thanks to our Corvette sales archive below), we see parallels to the final year of the C6 Corvette as customers waited for their C7s to arrive. Fourth-quarter 2019’s sales look similar to those in 2013 in that dealers were still selling off the last of the previous generation Corvettes while all the ordering is going to the next-generation Corvette.
All that waiting will come to fruition sooner rather than later. The next GM sales report will cover 1st Quarter 2020 sales, and we expect that March 2020 will be the first big month in a string of big months as the new C8s are finally delivered to their owners.
For those of you wanting to get a great price on a 2019 C7 Corvette, Chevrolet is still sweetening the deals this month by offering supplier pricing on 2019 Corvettes, plus $2,000 Customer Cash. Check with your Chevy dealers for details.
Our Corvette Sales Archives will be updated in April 2020 with the release of GM’s official 1st Quarter sales numbers.
Corvette Sales Monthly Archive:
|Archived Corvette Delivery Statistics|
|2019||— 3,943 —||— 5,788 —||— 4,766 —||— 3,491 —||17,988|
|2018||1,005||1,351||2,101||— 5,758 —||— 4,639 —||— 3,910 —||18,791|
From the official sales release:
DETROIT – General Motors Co. (NYSE: GM) announced today that it delivered 2,887,046 vehicles in 2019 in the United States. The total included more than 1 million crossovers for the second year in a row, an increase of 12.7 percent compared to 2018, and more than 1 million full-size pickup trucks and SUVs.
“We’ve focused our resources on what our customers want – crossovers and trucks – and that has paid off,” said Kurt McNeil, vice president, U.S. Sales Operations. “In addition to our industry leading crossover sales, our full-size truck franchise is unmatched. We’re pleased with our full-size pickup launch and we look forward to launching our segment-leading, all-new full-size SUVs in 2020.”
Fourth quarter North American wholesales declined an estimated 25 percent year over year, due to the 40 day United Auto Workers work stoppage. This includes the company’s newly launched heavy-duty full-size pickups, which were off approximately 17 percent.
“Our fourth-quarter stocks were leaner than we wanted, but as we get ready to launch our all-new full-size SUVs, we look forward to another solid year in 2020,” McNeil added.
Fourth quarter customer deliveries totaled 735,909 units, down 6.3 percent year over year.