GM Delivers 6,355 Corvettes in Third Quarter 2020

By
Keith Cornett
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GM Delivers 6,355 Corvettes in Third Quarter 2020

Photo Credit: Kerbeck Corvette


Now that Third Quarter has officially come to an end, General Motors has released its latest sales report and it shows Corvette sales surging with 6,355 Corvettes delivered during the time period. This is a 33.3% increase over the 4,766 Corvettes delivered during July-September 2019. For the 2020 year to date sales, a total of 12,634 Corvettes have been delivered. Due to the COVID shutdowns earlier in the year, we are seeing a 12.9% decrease from the 14,497 sold during the same time last year.

Of course it’s no surprise that we are seeing a surge in deliveries as the 2020 Corvette is a sell-out with every car spoken for and owners are taking delivery as soon as they reach the dealership. Now with the second shift in play, we should see another significant jump in the numbers come 4th Quarter.

Production of new Corvettes is still going strong with over 800 Corvettes being produced weekly. This continues to be a bright spot for the Corvette Team as it appears the supply line has remained largely intact. With just three months to go before the end of the year, it will be interesting to see how the Corvette team accomplishes its goal of 20,181 Corvettes produced for the model year as it’s possible that 2020s may have to be extended into December.

Speaking of 2021s, we are betting that dealers get their allocations sometime this month, and then the first orders can be submitted to GM. As soon as we have an official date on this we’ll let you know.

And finally, for the first time in a long while, there are no current sales incentives for the Corvette and it will probably be a few years before they return.

Our Corvette Sales Archives will be updated in January 2021 with the release of GM’s official 4th Quarter sales numbers.

Corvette Sales Monthly Archive:

Archived Corvette Delivery Statistics
Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Total
2020 — 3,820 — — 2,459 — — 6,355 —   12,634
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
2017 1,263 2,081 2,460 2,756 2,535 2,612 1,930 1,748 1,506 1,345 2,565 2,278 25,079
2016 1,501 2,116 2,753 3,142 2,673 2,483 2,159 3,063 2,829 2,626 1,941 2,709 29,995
2015 2,127 2,605 3,785 3,469 3,514 2,807 2,794 2,725 2,572 2,526 1,952 2,453 33,329
2014 2,261 2,438 3,480 3,514 3,328 2,723 3,060 2,679 2,467 2,959 2,378 3,552 34,839
2013 908 980 1,053 974 905 853 671 655 831 3,929 2,527 3,005 17,291
2012 629 927 1,376 1,396 1,219 1,475 987 1,210 1,351 1,167 1,104 1,291  14,132
2011 721 955 1,163 1,454 1,304 1,299 1,291 936 1,147 946 910 1,038 13,164
2010 854 624 955 1,089 1,428 1,405 1,199 1,135 1,109 1,011 836 979 12,624
2009 842 1,027 1,183 1,407 1,643 1,396 966 746 1,585 1,154 952 1,033 13,934
2008 2,015 2,071 2,692 3,190 2,904 2,082 1,870 4,242 2,318 1,170 1,093 1,324 26,971
2007 2,234 2,784 3,158 3,227 3,300 2,377 2,377 2,877 2,837 2,484 2,438 2,914 33,685
2006 2,579 3,058 3,655 3,516 3,317 2,938 2,794 2,990 3,056 2,761 2,773 3,081 36,518

From the official sales release:

DETROIT — General Motors (NYSE: GM) announced today that it delivered 665,192 vehicles in the third quarter of 2020, a decrease in total vehicle sales of about 10 percent compared to a year ago. In a sign of a recovering industry, sales improved sequentially each month within the quarter. Industry and GM sales rebounded significantly in September, finishing the month with year-over-year sales increases. Total industry SAAR1 was an estimated 15.9 million vehicles for the quarter, up about 4 million units from the previous quarter.

GM’s mid-size SUVs outperformed the industry, including the Chevrolet Blazer up 45 percent – its best quarter ever – and the Cadillac XT6, also up 45 percent compared to the third quarter of last year. Buick’s compact SUV, the Envision, was up 44 percent. In addition to Cadillac having a full lineup of crossovers available, the CT4 and CT5 sedans continue to grow share in crowded segments, with CT4’s average transaction price outperforming its segment average, according to J.D. Power.

“Our dealers are doing exceptionally well utilizing a combination of customer-facing online technologies – such as Shop. Click. Drive. – and showroom sales to deliver vehicles safely to our customers. This is contributing to retail share gains while we continue to refill the pipeline,” said Kurt McNeil, GM vice president, U.S. Sales Operations. “Industry-wide, dealers are selling a high mix of large pickups as the summer comes to an end. Our strong large pickup and all-new full-size SUV lineups from Chevrolet and GMC are selling extremely fast.”


Source:
General Motors

Related:
General Motors Sells 2,459 New Corvettes in 2nd Quarter 2020 General Motors Sells 3,820 New Corvettes in 1st Quarter 2020
General Motors Sells 3,491 Corvettes During 4th Quarter 2019

 



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7 COMMENTS

  1. 12,634 means many people still don’t own the C8 that they paid for! It will be an interesting 3 months to say the least.

  2. Paid for? Um, put a deposit on, hopefully. Never pay for something until it’s in your possession. Yikes, do people actually do that?

  3. In the past you have posted numbers of units sold/delivered by the various dealers nationwide. I would love to see those figures again.

  4. The article also fails to mention the 7-week GM strike that pushed the start of production from December 2019 to February 2020 so they could finish out the MY 2019 orders.

  5. Keep cranking those babies out! The speculators(private party and Chevy dealers) are running out of time to gouge buyers! By the 2022 or 2023 model I should have room in the garage for a Stingray on sale.

Comments are closed.