July 2010 Corvette Sales

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July 2010 Corvette Sales

GM released the sales figures for July this morning and for the first time since 2006, we have two consecutive months of growth in Corvette sales. While June 2010’s sales increase was a paltry 0.6%, July 2010 showed better results with a 19.5% sales increase over July 2009’s sales. Last month 1,199 Corvettes were delivered, 233 more than July 2009’s Corvette sales. For the calendar year to date, sales are 7,554 Corvettes delivered which is now just -10.8% off the 8,464 Corvettes delivered during the same time period last year.

Our inventory report is still incomplete as 2011 Corvettes are not yet searchable on Jeff Hardy’s website. We can tell you that there are 3,599 2010 Corvettes available while only 184 2009 Corvettes exist in dealer inventories. Factory production of the 2011 Corvette was running full speed ahead with 1,314 Corvettes produced last month.

Finally, we are seeing movement on sales of the ZR1, Corvette’s flagship model. 2010 Corvette ZR1 sales were 68 during the last month while 3 2009 Corvette ZR1s were sold. Last month it was announced that GM would offer a $3,000/$5,000 rebate for the 638-horsepower supercar. Again, our sales report is incomplete at this time as we are unable to ascertain the number of 2011 Corvette ZR1s produced during the time period.

2010 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2010 2009 % Change Months 2010 2009 % Change
Jan 854 842 1.4% Jan-Jan 854 842 1.4%
Feb 624 1,027 -39.2% Jan-Feb 1,478 1,869 -20.9%
Mar 955 1,183 -19.3% Jan-Mar 2,433 3,052 -20.3%
Apr 1,089 1,407 -22.6% Jan-Apr 3,522 4,459 -21.0%
May 1,428 1,643 -13.1% Jan-May 4,950 6,102 -18.9%
June 1,405 1,396 0.6% Jan-May 6,355 7,498 -15.2%
July 1,199 966 19.5% Jan-June 7,554 8,464 -10.8%

2009 Corvette Delivery Statistics
Month Calendar Year-to-Date
Month 2009 2008 % Change Months 2009 2008 % Change
Jan 842 2,015 -58.2% Jan-Jan 842 2,015 -58.2%
Feb 1,027 2,071 -50.4% Jan-Feb 1,869 4,086 -54.3%
Mar 1,183 2,692 -56.1% Jan-Mar 3,052 6,778 -55.0%
Apr 1,407 3,190 -55.9% Jan-Apr 4,459 9,968 -55.3%
May 1,643 2,904 -43.4% Jan-May 6,102 12,872 -52.6%
June 1,396 2,082 -32.9% Jan-Jun 7,498 14,954 -49.9%
July 966 1,870 -48.3% Jan-Jul 8,464 16,824 -49.7%
Aug 746 4,242 -82.4% Jan-Aug 9,210 21,066 -56.3%
Sept 1,585 2,318 -31.6% Jan-Sept 10,795 23,384 -53.8%
Oct 1,154 1,170 -1.4% Jan-Oct 11,949 24,554 -51.3%
Nov 952 1,093 -12.9% Jan-Nov 12,901 25,647 -49.7%
Dec 1,033 1,324 -22.0% Jan-Nov 13,934 26,971 -48.3%


Corvette Stock Report:

A check of Jeff Hardy’s website shows a total of 3,783 2009-10 Corvettes on the ground. Here is the breakdown by years and models:

  • 2010 Corvettes – 3,599
  • 2009 Corvettes – 184

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 1,278
  • Corvette Convertibles – 392
  • Corvette GS Coupes – 852
  • Corvette GS Convertibles – 501
  • Corvette Z06 – 143
  • Corvette ZR1 – 433

2009 Corvette Inventory Breakdown:

  • Corvette Coupes – 35
  • Corvette Convertibles – 31
  • Corvette Z06 – 109
  • Corvette ZR1 – 9


Bowling Green Production:

GM included these figures in its monthly sales reports that shows production by assembly plant. Here they are for the Bowling Green Assembly Plant:

  • 2011 Model Year Production in July 2010: 1,314
  • 2011 Model Year To Date Through July 2010: 2,156
  • 2010 Calendar Year to Date through July 2010: 10,575


Source:
GM.com
JeffHardy.com

Related:
June 2010 Corvette Sales
May 2010 Corvette Sales
April 2010 Corvette Sales

 



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2 COMMENTS

  1. After looking at the latest sales figures it seems that May was the high point so far this year. June was slightly lower, and July was a lot lower(206 or 14.6% below June). July looks better compared to 2009 but perhaps this was because GM was bankrupt at that time. I own a 2008 coupe and usually trade about every 3 years( I traded a 2005 coupe on the 2008) However the 2011 model has not changed enough to make me want another C 6. Until the C 7’s are produced, Corvette sales will not improve. RON LEVY

  2. i wonder what the break even $$$ number is for corvette as far as sales go ? GM has to get back to leasing corvette at a reasonable cost for the sales to pick up a lot. my dealer told me that about 40% of his sales were leases

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