I tell you what, there is nothing more spectacular than watching Corvette’s vehicle sales numbers during the model rollout of a new generation.
GM released its sales report for 4th Quarter 2020 and a total of 8,992 Corvettes were delivered during the three month time period. That’s an increase of 157.6% over the sales of Corvettes during the 4th quarter of 2019! For the Calendar Year of 2020, GM delivered a total of 21,626 Corvettes. That’s an increase of 20.2% over 2019’s Calendar Year Sales of 17,988.
Production of new Corvettes continues to be strong. As you know, the Bowling Green Assembly Plant started building the 2021 Corvettes on December 14th. Even with the holiday break, the plant has already produced 1,763 Corvettes for the new model year.
Our Corvette Sales Archives will be updated in April 2021 with the release of GM’s official 1st Quarter 2021 sales numbers.
Corvette Sales Archive:
|Archived Corvette Delivery Statistics|
|2020||— 3,820 —||— 2,459 —||— 6,355 —||— 8,992 —||21,626|
|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 it sold 771,323 vehicles in the fourth quarter of 2020. Total sales for the quarter were up 5 percent year over year. GM had its best fourth quarter retail sales since 2007, with deliveries up 12 percent. Sales for the calendar year were 2,547,339 units, with total deliveries down 12 percent year over year and retail deliveries down 6 percent.
GM estimates it gained market share across the board in total, retail and fleet deliveries for both the fourth quarter and calendar year.
Retail sales for the industry began to recover in May and reached pre-pandemic levels during the fourth quarter. Sales to fleets are recovering but remain sharply lower, especially daily rental deliveries. Average transaction prices set fourth-quarter and full-year records at $41,886 and $39,229, respectively.
“GM outperformed the industry in the quarter and the full year by a significant margin because our manufacturing and supply chain teams and dealers helped keep people safe at work and our launches on track,” said Steve Carlisle, GM executive vice president and president, GM North America. “Extraordinary teamwork has set up everyone to succeed in 2021 as the economy continues to recover and we further ramp up truck and SUV production.”
In 2021, GM expects to have a full year of production of the all-new Cadillac Escalade, GMC Yukon, Chevrolet Tahoe and Suburban. GM has also announced plans to build full-size pickups in Oshawa, Ontario starting in early 2022.
GM is especially bullish about its new full-size SUVs, which began launching at the company’s Arlington Assembly plant in Texas in April.
“Chevrolet, GMC and Cadillac set the bar high for these products in terms of technology, refinement and utility, and sales are exceeding our expectations,” Carlisle said. “We launched them on time despite the pandemic, and the team in Arlington is working around the clock to meet demand. We have quickly recaptured all the short-term gains our competitors made as we transitioned to the all-new models.”