Chevrolet experienced a 3.2 percent hike in sales last month when compared to November 2013. Falling gas prices led to a large increase in sales of the Silverado pickup and Tahoe SUV, while the Cruze, Spark and Traverse also posted considerably strong numbers. However despite huge demand for the car so far this year, the C7 Corvette didn’t contribute much to Chevy’s success in November.
The total number of C7 Corvettes sold in November was 2,378, a 5.9 percent drop when compared to November 2013. This isn’t a large difference in sales, and probably looks worse on paper than it actually is. C7 Corvette demand was huge at this time last year, evidenced by the Chevy dealer who marked up a C7 to $100,000. The C7 is still anything but old news, however it’s not the talk of the town like it was last year at this time.
Also contributing to dwindling Corvette sales could be the arrival of updated 2015 models and the new Z06. If an interested C7 buyer couldn’t get their hands on the updated 2015 model in November, they may have held out until they can find one, especially if they’re interested in the eight-speed automatic transmission. Other buyers who were looking at C7s may have also decided to splurge on the 2015 Z06 instead, cutting into the sales of standard models for the month.
Comments
I suspect that many people are waiting to get the far superior high tech 8 speed. And of course those who can afford it will hold put for the Z06, but that is for a smaller number. I wouldn’t worry about Corvette sales going forward.
probably because I ordered A 2015 Z51 Convertible was told it would be ready by mid toned of November still hasen,t been put on line yet
You also have to consider too that even a 5% drop of the number of Corvettes is not all that many cars with a lower production car.
The same goes for Chryslers increase and Cadillac’s drop. I think the ATS sales dropped a good percentage but it was only like 800 cars. Same with Chrysler who was not selling many cars to start with and when they make a jump of 20% it sound like a lot till you see the raw numbers.
I pay little attention to percentages and look to the real numbers and profits per cars sold.