2021 Corvette Ran On Low 11-Day Supply In April
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The 2021 Corvette was once again one of the fastest-selling cars last month, with the mid-engine sports car running on a low 11-day inventory supply throughout April.
According to data compiled by Cox Automotive, Chevy dealers around the country had just 11 days worth of 2021 Corvette inventory on their lots between April 1st and April 31st. This is down slightly from March, when Chevy ran on a 14-day supply of the mid-engine sports car. Low inventory has been a constant theme for the 2021 Corvette so far this year, with Chevy running a similarly low average supply of 13.1 days for the car in February, as well.
There are a number of reasons for the low inventory numbers for the C8 Corvette. For starters, the COVID-19 pandemic has led to various production setbacks at the Bowling Green Assembly plant in Kentucky, hampering Chevy’s ability to build the car quickly and in large numbers. Demand for the vehicle has also been extremely strong, meaning many 2021 Corvette models are either already sold when they are built or sold shortly after they arrive at the dealership.
GM stopped taking new sold orders for the 2021 Corvette on March 25th due to the high demand for the vehicle. The automaker is now working to fulfill the remaining 2021 Corvette orders it has on its books before switching production to the 2022 model year Corvette later in the summer. GM plans to begin accepting new sold orders for the 2022 Corvette in July.
The Chevy Camaro also ran on a tight 11-day supply in April, according to Cox Automotive. This is due to lengthy and recurring shutdowns at the GM Lansing Grand River plant in Michigan due to the semiconductor chip shortage. The Lansing Grand River plant, which is the only facility that builds the Chevy Camaro, is currently under a temporary shut down and will remain offline until at least June 28th.
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what was the out come when GM checked out the latest C8 Corvette engine with rods thru the block?
If GM is filling out 2021 C8 orders , left over, why did my dealer say I won t get a 2021É
Sales statistics on this car prove what a design team can achieve when they apply “good” design team members.
If they have any inventory I’m chapped as I put 1K down for a C8 on 10-26-19 and still don’t have a build date.
Depends on your dealers allocation, I ordered mine on September 8, 2020, and took delivery last week. I ordered mine from a very high volume dealer with tons of allocation.
Offer to find a dealer 10g to 15g over (coupe) and get in on their allocation, I fought it and was in event status code 3000 in 7 days. Ordered and entered in 3 hours at 10g over window sticker. These cars are worth well over retail sticker. Do it, and the wait is over.
I hope that GM will have a heart for the people that ordered in 2019 and 2020 their Corvettes that haven’t been built. , and reinstate the GM discount to these people as a gesture of goodwill. as they didn’t honor the discount in 2020 or 2021 models , GM employees should get a deal on their 2022s that they waited so long to get them , GM should bless them with the GM discount for the long wait God bless GM and their employees❤️🙏
I don’t understand this idea of 11 day inventory. I thought all Corvettes being produced were sold orders. How can a dealer have an 11day inventory? Maybe they need to change the terminology they use to describe this.
Some dealers put their own orders in for what they want as sold orders, so they get them to sell to customers, and their customers that want a specific order are in line with them.
And they jack the price by $20K or more
Would you sell your home for less than it is worth ? GM built a great car for substantially a lot less than similar cars
so it is not unreasonable that demand exceeds supply. I wish I could buy building supplies for less than they are selling now!
Find a good dealer and Vette salesman with a VERY GOOD allocation and that may help the birth of your C-8.
It took me August 2020 to today and I’ll pick up my Red Mist on Sunday 9/12. Don’t look for a better inventory in 22 because all these 21 people will now move forward to ordering a 22.
Some of these small town dealers just do not know how to get you a new Vette……it’s ALLOCATION….ALLOCATION , the key!