It seems that wasn’t entirely accurate, however. The report, originally published by Motor Trend, was written based on a statement from GM North America president Barry Engle, who was quoted as saying the car is “sold out for 2020.”
Roadshow then did some more digging and asked GM if it could confirm the information report. The automaker clarified that it had actually received 37,000 pre-orders for the 2020 Corvette via the ‘Reserve Now’ option on its website and that the car isn’t actually sold out.
While GM has yet to determine how many Corvettes it will build for the 2020 model year, it is believed it will build around 40,000 units. So, if all the pre-orders become real-world sales, the 37,000 pre-orders would account for nearly every 2020 Corvette build slot. This seems to be why Engle said the car was sold out.
It should be noted that placing a pre-order for the 2020 Corvette does not require a deposit. So what GM is technically saying is that it has 37,000 people interested in purchasing the car and that its dealers are working on converting that interest into actual sales. It’s not clear how many people have actually purchased a 2020 Corvette at the moment.
GM still has plenty of time to sell the 2020 Corvette, though. As we reported previously, the 40-day UAW strike pushed production of the sports car back from December until early February, so it has yet to even start building customer cars. The automaker is currently re-tooling the Bowling Green Assembly plant to produce the new mid-engine car and re-training assembly workers.
We wouldn’t be surprised if GM actually did manage to move every 2020 Corvette in the coming months. The car, which comes standard with a mid-mounted 6.2-liter LT2 V8 engine and eight-speed dual clutch transmission, has taken numerous industry accolades since its debut, including 2020 Motor Trend Car of the Year. It also earned itself a place on the Car and Driver 10Best list for 2020 – thanks in large part to its relatively affordable base price of $59,995.