The latest GM sales numbers are out for the 2nd Quarter and sales of America’s Favorite Sports Car were very strong with 7,971 new Corvettes delivered to new customers during the three months of April, May, and June. That’s a 224.2% increase over the same time period of 2020 which was heavily impacted by lockdowns relating to the Coronavirus.
For the year-to-date figures, GM is reporting 14,582 Corvettes sold during the 2021 calendar year to date which was a 132.2% increase over the 6,279 Corvettes produced during the same time period in 2020.
We’ve talked previously about when the 2021 models are expected to end and when the 2022s will begin. The rumor was that it would happen around Labor Day (September 6th) with the 2021 models possibly wrapping up on the Friday before. It looks like we may be seeing a slight extension of the model year as several dealers have told us they have 2021 customers with a Target Production Week (TPW) of September 6th. We’ll keep watching to see if any are scheduled out for the week of 9/13.
Our Corvette Sales Archives will be updated in October 2021 with the release of GM’s official 3rd Quarter 2021 sales numbers.
Corvette Sales Archive:
|Archived Corvette Delivery Statistics|
|2021||— 6,611 —||— 7,971 —||14,582|
|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 688,236 vehicles in the U.S. in the second quarter of 2021 – an increase of 40 percent compared to a year ago – in a unique market bolstered by strong customer demand, but constrained by low inventories resulting from the global semiconductor shortage.
“The U.S. economy is accelerating, consumer spending is robust and jobs are plentiful,” said Elaine Buckberg, GM chief economist. “Consumer demand for vehicles is also strong, but constrained by very tight inventories. We expect continued high demand in the second half of this year and into 2022.”
“The agility and creativity of our supply chain, purchasing, engineering and manufacturing teams, in collaboration with our suppliers and dealers, have helped us continue to satisfy customers and gain market share in some of the highest demand segments of the market,” said Kurt McNeil, U.S. vice president, Sales Operations.
“Although the situation remains fluid, we’re focused on continuing to leverage every available semiconductor to build and ship our highest demand products,” McNeil said.
GM ended the quarter with 211,974 units in inventory, down from 334,628 at the end of the first quarter.
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.