Pickup trucks may be the most popular vehicle type in the North American auto industry at the moment, but the fastest-selling car in the U.S. in February wasn’t a Chevy Silverado, Ford F-Series or Ram. That distinction went to the C8 Chevrolet Corvette, which spent less than two weeks at dealership lots on average before being sold.
Automotive research firm iSeeCars recently published its list of the Fastest Selling New and Used Cars for February 2021, which ranks vehicle models based on how much average time they spend at a dealership before they are sold to a customer. The fastest-selling new vehicle in February was the Chevrolet Corvette, which spent an average of 13.1 days on dealer lots before being sold. The second fastest selling new vehicle in the U.S. in February was the Lexus IS 350m, which took 14.5 days to sell on average, followed by the Lexus RX 450h at 15.2 days.
The Chevrolet Corvette was also the fastest-selling vehicle in the U.S. in January 2021, according to iSeeCars‘ data. While the Corvette’s attractive base price and impressive performance no doubt play a role in its popularity, there are some additional factors that have made the ‘Vette the fastest-selling vehicle in America. GM has experienced various production setbacks with the vehicle since it was first introduced for the 2020 model year, resulting in lower-than-expected production numbers and low dealer inventory.
“The new mid-engined Corvette is the fastest-selling new car for the second consecutive month,” said iSeeCars Executive Analyst Karl Brauer. “The Corvette C8 was already in short supply due to earlier production delays and interruptions, and production was shut down yet again for the first two weeks of February due to a parts supply issue.”
In addition to the early February shutdown, the Bowling Green Assembly plant where the Corvette is built was shut down for a week in early March, as well. This shutdown, which ended on March 8th, was caused by a supply shortage of transmission parts.