Chevy’s 2023 Corvette Z06 will launch using the Average Day Supply (ADS) allocation model with no separate allocation group from the C8 Stingray, GM Authority has exclusively learned from sources close with the matter. For those not familiar with the terminology, let us break it down.
During the first two model years (2020 and 2021) of the C8 Corvette Stingray, GM determined the amount of Corvettes a particular dealer will receive using the historic sales volume dealer allocation model, where the raw volume of Corvettes sold by a particular dealer determined its allocation of C8 Stingrays. The speed with which vehicles were sold (days to turn) did not play a factor in the dealer’s allocation.
General Motors then switched to an Average Day Supply (ADS) dealer allocation model with the 2022 Corvette. The ADS method determines a dealer’s allocation based on the number of days it takes the dealer to sell the vehicle in question. The quicker it sells a particular model, the more units that dealer will receive from GM.
GM will launch the C8 Z06 via the same model without being in a separate group from the Stingray. That means that the ADS approach will continue to apply to the 2023 Corvette, combining sales of both the Stingray and the 2023 Corvette Z06. In other words, dealers that sell Corvettes the quickest, no matter if they’re Stingrays or Z06s, will receive more Z06s and Stingrays from the factory.
For even more background, we should note that when a new vehicle is released, The General typically launches it using the historic sales volume allocation model, wherein historic sales data of that vehicle determines its allocation by dealer. Later, as sales start to slow down and/or stabilize, the automaker switches to the ADS model. The latter is particularly advantageous for smaller dealers who may not sell a large volume of Corvettes, but sell its units very quickly.
The 2023 Chevy Corvette will arrive in late spring 2022 as the fourth model year of the eighth-generation Corvette C8, bringing with it the new 2023 Corvette Z06 along with a few small updates for the 2023 Chevy Corvette Stingray.
Without a doubt, the most exciting feature about the 2023 Chevy Corvette is the debut of the new 2023 Chevy Corvette Z06 track monster. The heart of the new Z06 is the naturally aspirated 5.5L V8 LT6 gasoline engine, offered as the highest-horsepower atmospheric V8 ever fitted to a production vehicle. With a low weight, flat-plane crankshaft, dual overhead cams, and all-aluminum block, the LT6 produces 670 horsepower and 460 pound-feet of torque, with redline set at a screaming 8,600 rpm. Output is routed rearwards through Tremec’s eight-speed dual-clutch transmission and 5.56 final drive ratio, which is shorter than that of the Corvette C8 Stingray.
According to GM Authority sources, pricing for the 2023 Corvette Z06 will be released in March, with 2023 Corvette C8 production scheduled to begin on Monday, May 9th, 2022 at the GM Bowling Green plant in Bowling Green, Kentucky – the exclusive assembly facility of the Chevy Corvette since 1981.
The 2023 Corvette will also introduce a new Corvette 70th anniversary edition for both the Z06 and Stingray models, celebrating 70 years of Corvette production.
Also note the contrasting black roof.
Hardtop hits the streets.