On Friday, General Motors officially released their 1st Quarter 2022 sales report and it shows a total of 8,811 new Corvettes were delivered during the quarter. That’s a 33.3% increase over the 1st quarter sales numbers a year ago that showed 6,611 Corvettes sold during the same time period in 2021.
The Q1 2022 production of 8,811 Corvettes is the third highest quarterly output recorded during the C8 era despite the plant’s closure for a week in March. Had the plant been able to produce cars that week, our quarterly total would have most likely achieved the 2nd highest quarterly output for the C8 era at nearly 10,000 cars. If we can do that for four quarters, that’s a yearly output of 40,000 cars! Even though the supply chain is still a mess, we think these strong production numbers bode well for Chevrolet as they are preparing for the coming 2023 model year kickoff and the eventual start of production for the C8 Corvette Z06.
Last week, the Corvette Assembly Plant produced its 20,000th Corvette Stingray for the 2022 model year and we have word that between 30-50 2023 Corvette Z06 Captured Test Fleet (CTF) cars were also produced.
Our Corvette Sales Archives will be updated in July 2022 with the release of GM’s official 2nd Quarter 2022 sales numbers.
Corvette Sales Archive:
Archived Corvette Delivery Statistics | |||||||||||||
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Total |
2022 | — 8,811 — | 8,811 | |||||||||||
2021 | — 6,611 — | — 7,971 — | — 10,166 — | — 8,293 — | 33,041 | ||||||||
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 | ||||||
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 Co. (NYSE: GM) sold 512,846 vehicles in the United States in the first quarter of 2022, with improved semiconductor supplies supporting higher production and market share in key truck segments.
“Our ability to meet pent-up demand improved dramatically thanks to a tremendous effort by our supply chain and manufacturing teams to keep our plants operating at close to normal levels,” said Steve Carlisle, executive vice president and president, GM North America. “Supply chain disruptions are not fully behind us, but we expect to continue outperforming 2021 production levels, especially in the second half of the year.”
According to GM Chief Economist Elaine Buckberg, industry light vehicle volumes will grow this year and top 2021 levels, thanks to a strong labor market, higher vehicle production and pent-up demand.
“Ordinarily, a U.S. economy this strong would translate into light vehicle sales in the 17-million range,” she said. “Improvements in the supply chain should lift auto sales as the year progresses, despite headwinds from higher inflation and fuel prices.”
Our GM Sales Reports are sponsored by Ciocca Corvette in Atlantic City, NJ. Talk to one of Ciocca’s Corvette Specialists and get behind the wheel of your Corvette dream today. Visit Ciocca Corvette on the web at www.cioccacorvette.com or call Dave Salvatore at 877-537-2325.
Source:
General Motors
Related:
General Motors Delivers 8,293 New Corvettes in 4th Quarter 2021
General Motors Delivers 10,166 Corvettes in 3rd Quarter 2021
General Motors Delivers 7,971 Corvettes in 2nd Quarter 2021
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Further delays are inevitable and will once again impact Corvette production.
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