General Motors released its quarterly sales report on Friday morning and sales of the new Corvette obviously remain strong with 6,611 new cars delivered during the first three months of 2021. That’s an increase of 73.1% over the 3,820 deliveries made in early 2020 when the new Corvette was just starting production and then halted due to the coronavirus.
Like the 2020 model year, production of the 2021 Corvette has had its ups and downs during the first quarter with three weeks of downtime at the factory due to parts shortages and bad weather. However, the plant has been rocking during March by averaging 182 cars per day and they have completed 9,356 cars for the 2021 model year as of Thursday.
Quarterly sales of the Corvette for 2021 were the strongest that GM has recorded in six years. We haven’t had a first quarter like it since 2015 when the first C7 Corvette Z06s began production. A total of 8,517 new Corvettes were delivered in Q1 2015.
Our Corvette Sales Archives will be updated in July 2021 with the release of GM’s official 2nd Quarter 2021 sales numbers.
Corvette Sales Archive:
|Archived Corvette Delivery Statistics|
|2021||— 6,611 —||6,611|
|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 642,250 vehicles in the U.S. in the first quarter of 2021, with retail deliveries up 19 percent and fleet sales down 35 percent year over year. Total sales were up 4 percent compared to a year ago. All four GM U.S. brands had double-digit year-over-year increases in retail sales.
“Over the last year, our dealers, supply chain and manufacturing teams have gone above and beyond to satisfy customers as demand for GM products rose sharply,” said Steve Carlisle, GM executive vice president and president, North America. “The great teamwork continues. Sales are off to a strong start in 2021, we are operating our truck and full-size SUV plants at full capacity and we plan to recover lost car and crossover production in the second half of the year where possible.”
GM estimates the U.S. retail SAAR in the first quarter of 2021 was 14.6 million units and the total U.S. light vehicle SAAR was 16.7 million units.
“Consumer confidence and spending will continue to increase due to stimulus, rising vaccination rates and the progressive reopening of the economy,” said Elaine Buckberg, GM chief economist. “Auto demand should remain strong throughout the year.”
In another sign of strong U.S. economic activity, sales to small businesses, which are included in retail sales, increased 27 percent in the first quarter. Gains were driven by full-size SUV sales (up 132 percent), Silverado medium-duty pickup sales (up 155 percent) and large vans (up 45 percent). The Chevrolet Colorado and GMC Canyon also increased sales by a combined 58 percent.
Our 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. Visit Kerbeck Corvette on the web at www.kerbeck.com or call Dave Salvatore at 877-537-2325.