Chevrolet has pushed out a new memo containing 2021 Corvette production and consensus updates to its dealers overnight and it contains some very interesting info regarding the buildout of the 2021 Corvette model year.
Two weeks ago, General Motors suspended dealers from submitting any new SOLD ORDERS for the 2021 model year, however, they are still processing customer orders within allocation. Chevrolet has been offering the allocation numbers on a quarterly basis and the last allocation numbers sent to dealers covered February, March, and April. We would expect that the next allocations would cover the final orders for May, June, and July, but the memo states that “the Corvette allocation group is for production through the week of June 28th” according to the Corvette Action Center’s reading of the memo.
But here’s where things start to get interesting.
GM has told dealers in this memo that there are approximately 11,000 orders for the 2021 Corvette in the system. Based on the current production numbers, the assembly plant will complete the 10,000th Corvette for the 2021 model year during the second shift on April 9th. Future projections of ’21 Corvette production would actually put the completion of another 11,000 Corvettes the week of June 28th, which then rolls into the 4th of July weekend, the traditional end date for the model year in year’s past. Even though we’ve seen the reports that Shadow Gray’s final production week is the week of July 19th, it seems possible that the model year end date could be moved forward should the assembly plant not have any more downtime or delays in the supply chain.
GM is expected to hand out the new allocations sometime in the next week or two, but we are not exactly sure if they will offer up the final allocations for the 2021 model year or if the numbers will be doled out in smaller segments as we near the end of production. We’ll just have to wait and see what dealers receive from GM.
As far as current Constraints go, the dealer memo says that starting on April 19th the High Wing Spoiler (RPO 5ZZ/5ZU) will be available to order again, as will the Grey Outdoor Car Covers (RPO RWJ/RNX).
In other news, the 2022 Corvette Order Guide is expected in early June, and the 2022 Corvette Build Your Own tool on Chevrolet.com will go live in early September. As the Price and Build configuration always seems to come after the start of the production for the new year, I think it’s safe to say the 2022s will start production sometime in mid-to-late July or early August.
GM Suspends Dealers From Submitting Any More 2021 Corvette Sold Orders
RUMOR: Final Week of 2021 Corvette Production Is Said to Be July 19th
Corvette Assembly Plant Begins Production of Right Hand Drive Corvette Models