Chevy Corvette sales decreased in the United States, Canada, and Mexico during the fourth quarter of 2021.
Chevrolet Corvette Sales - Q4 2021 - United States
In the United States, Chevrolet Corvette deliveries totaled 8,293 units in Q4 2021, a decrease of about 8 percent compared to 8,992 units sold in Q4 2020.During the complete 2021 calendar year, Corvette sales increased about 53 percent to 33,041 units.
| MODEL | Q4 2021 / Q4 2020 | Q4 2021 | Q4 2020 | YTD 2021 / YTD 2020 | YTD 2021 | YTD 2020 |
|---|---|---|---|---|---|---|
| CORVETTE | -7.77% | 8,293 | 8,992 | +52.78% | 33,041 | 21,626 |
Chevrolet Corvette Sales - Q4 2021 - Canada
In Canada, Chevrolet Corvette deliveries totaled 375 units in Q4 2021, a decrease of about 13 percent compared to 430 units sold in Q4 2020.During the complete 2021 calendar year, Corvette sales increased about 25 percent to 2,262 units.
| MODEL | Q4 2021 / Q4 2020 | Q4 2021 | Q4 2020 | YTD 2021 / YTD 2020 | YTD 2021 | YTD 2020 |
|---|---|---|---|---|---|---|
| CORVETTE | -12.79% | 375 | 430 | +24.90% | 2,262 | 1,811 |
Chevrolet Corvette Sales - Q4 2021 - Mexico
In Mexico, Chevrolet Corvette deliveries totaled 24 units in Q4 2021, a decrease of about 53 percent compared to 51 units sold in Q4 2020.During the complete 2021 calendar year, Corvette sales decreased about 9 percent to 144 units.
| MODEL | Q4 2021 / Q4 2020 | Q4 2021 | Q4 2020 | YTD 2021 / YTD 2020 | YTD 2021 | YTD 2020 |
|---|---|---|---|---|---|---|
| CORVETTE | -52.94% | 24 | 51 | -8.86% | 144 | 158 |
Competitive Sales Comparison (USA)
Despite the 8 percent drop, Chevy Corvette sales in the U.S. continued to absolutely dominate the premium sports car segment during Q4 2021. In fact, the Corvette decisively topped the podium as sales accounted for well over half of total segment sales, nearly 3,300 units more than all the other entries combined.
Chevy’s mid-engine sports car was followed, as before, by Porsche’s two entries, the 911 (née Carrera/Targa) and 718 (née Cayman/Boxster), to finish out the podium, while the Mercedes-Benz AMG GT took fourth place. The 911 posted a 36 percent increase in sales to 3,313 units, the 718 took a 24 percent decrease in sales to 1,127 units, while the AMG GT saw a 67 percent decrease in sales to 303 units. The Audi R8 (see running Audi R8 sales) took fifth place with an 18 percent decrease in sales to 153 units. The rest of the field, combined, sold less units than the R8.
However, we should note – as we usually do – that most other segment contenders in this segment cost significantly more than the Corvette and, as a result, these higher-priced rivals typically see lower sales volumes.
Sales Numbers - Premium Sports Cars - Q4 2021 - USA
| MODEL | Q4 21 / Q4 20 | Q4 21 | Q4 20 | Q4 21 SHARE | Q4 20 SHARE | YTD 21 / YTD 20 | YTD 21 | YTD 20 |
|---|---|---|---|---|---|---|---|---|
| CHEVROLET CORVETTE | -7.77% | 8,293 | 8,992 | 62% | 60% | +52.78% | 33,041 | 21,626 |
| PORSCHE 911 | +35.89% | 3,313 | 2,438 | 25% | 16% | +13.60% | 10,042 | 8,840 |
| PORSCHE 718 | -24.41% | 1,127 | 1,491 | 8% | 10% | +24.51% | 4,292 | 3,447 |
| MERCEDES-BENZ AMG GT | -67.21% | 303 | 924 | 2% | 6% | -10.86% | 3,110 | 3,489 |
| AUDI R8 | -17.74% | 153 | 186 | 1% | 1% | +11.70% | 649 | 581 |
| NISSAN GT-R | +185.71% | 60 | 21 | 0% | 0% | -25.33% | 227 | 304 |
| FORD GT | +42.86% | 40 | 28 | 0% | 0% | -18.29% | 143 | 175 |
| ACURA NSX | -86.67% | 6 | 45 | 0% | 0% | -3.13% | 124 | 128 |
| BMW I8 | -78.56% | 6 | 28 | 0% | 0% | -90.58% | 18 | 191 |
| MERCEDES-BENZ SL-CLASS | -99.08% | 4 | 432 | 0% | 3% | -74.07% | 462 | 1,782 |
| MERCEDES-BENZ SLC-CLASS | -99.79% | 1 | 474 | 0% | 3% | -89.21% | 229 | 2,122 |
| TOTAL | -11.64% | 13,306 | 15,059 | +22.61% | 52,337 | 42,685 |
The Corvette held a 62 percent segment share, up 2 percentage points.
The 911 held a 25 percent segment share, up 9 percentage points, while the 718 held an 8 percent share, down 2 percentage points. The AMG GT held a 2 percent share, down 4 percentage points, while the R8 maintained a mere percentage point share. The rest of the field was essentially nill.
Sales Numbers - Porsche Sports Cars - Q4 2021 - USA
| MODEL | Q4 21 / Q4 20 | Q4 21 | Q4 20 | YTD 21 / YTD 20 | YTD 21 | YTD 20 |
|---|---|---|---|---|---|---|
| PORSCHE 911 | +35.89% | 3,313 | 2,438 | +13.60% | 10,042 | 8,840 |
| PORSCHE 718 | -24.41% | 1,127 | 1,491 | +24.51% | 4,292 | 3,447 |
| TOTAL | +13.01% | 4,440 | 3,929 | +16.66% | 14,334 | 12,287 |
Combining Porsche’s two entries, the 911 and 718 lines, gives the German automaker a 33 percent segment share with 4,440 sales – a little over half the sales volume of the Vette.
Sales Numbers - Mercedes-Benz Sports Cars - Q4 2021 - USA
| MODEL | Q4 21 / Q4 20 | Q4 21 | Q4 20 | YTD 21 / YTD 20 | YTD 21 | YTD 20 |
|---|---|---|---|---|---|---|
| MERCEDES-BENZ AMG GT | -67.21% | 303 | 924 | -10.86% | 3,110 | 3,489 |
| MERCEDES-BENZ SL-CLASS | -99.08% | 4 | 432 | -74.07% | 462 | 1,782 |
| MERCEDES-BENZ SLC-CLASS | -99.79% | 1 | 474 | -89.21% | 229 | 2,122 |
| TOTAL | -83.17% | 308 | 1,830 | -48.59% | 3,801 | 7,393 |
In regard to Mercedes-Benz’s three entries, the AMG GT made the only difference, with the SL-Class and SLC-Class combined counting for a mere 5 units sold between them. That’s a result of the SL-Class undergoing a generational changeover, while the SLC-Class being discontinued.
Clearly, Porsche provides the only noteworthy competition in this segment.
The premium sports car segment contracted 12 percent to 13,306 units in Q4 2021, meaning that Corvette sales outperformed the segment average.
The GM Authority Take
With the Corvette C8 having ushered the long-awaited mid-engine Vette almost three years ago, GM still can’t build the sports car fast enough to meet demand. Incidentally, this has been the case since the introduction of the C8. Corvette sales have remained at the top of their segment, with the 2022 Chevy Corvette being ranked among the top ten fastest-selling vehicles in January 2022.
The 2023 Chevy Corvette will be introduced this spring as the fourth model year of the Corvette C8, bringing with it the new 2023 Corvette Z06. The track beast will be available as either a hardtop coupe (with a manually-removable roof panel) or the hard-top convertible, just like the Corvette C8 Stingray.
The heart of the new Z06 is the naturally aspirated 5.5L V8 LT6 gasoline engine, which is the highest-horsepower atmospheric V8 ever fitted to a production vehicle. With a low weight, flat-plane crankshaft, a dual-overhead cam setup, and an 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 to the rear wheels through Tremec’s eight-speed dual-clutch transmission and 5.56 final drive ratio, which is shorter than that of the Corvette C8 Stingray.
In addition, Chevy will also introduce the Corvette 70th anniversary edition to celebrate 70 years of Corvette. The package will be available on both the Z06 and Stingray models.
Other C8 models still on the way include the Corvette C8 E-Ray (replacing the initially planned Corvette C8 Grand Sport), Corvette C8 ZR1, and Corvette C8 Zora.
Finally, Chevy designed the new Corvette to compete on the world stage, with the C8 being the first ever Vette to be officially produced in right-hand layout. That means the Corvette is truly bound for the world, with models specced for Europe, Japan, Australia and New Zealand, Switzerland, and even China, as GM establishes a new imported vehicle business there to sell Corvettes, among other performance cars and trucks.
The future definitely seems bright for the Corvette, and we expect Corvette sales to continue dominating the segment and growing as a result of record demand.
About The Numbers
- All percent change figures compared to Chevy Corvette sales for Q4 2020, unless noted otherwise
- There were 78 selling days in Q4 2021 and 79 selling days in Q4 2020
- Corvette sales figures include all Corvette body styles, variants, trim levels and packages
- Sales figures for Lotus, Jaguar and Maserati not available as those manufacturers do not break out information on a model basis
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- GM Canada sales Q4 2021
- Chevrolet Canada sales Q4 2021
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- GM Mexico sales Q4 2021
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Comments
“née”: the action of remembering you received a word of the day calendar for Christmas.
Very poor journalism. The article says nothing about the MSRP’s of the other vehicles nor does it mention anything about production volumes
You must have missed this part…
“However, we should note – as we usually do – that most other segment contenders in this segment cost significantly more than the Corvette and, as a result, these higher-priced rivals typically see lower sales volumes.”
That said, when the Porsche 911 is the most cross-shopped vehicle with the C8 Stingray, the price takes a backseat. It’s clear that C8 buyers can more than afford a 911, but are choosing the Corvette:
https://gmauthority.com/blog/2021/01/most-cross-shopped-vehicle-for-c8-corvette-buyers-is-porsche-911-says-gm/
How many Accura NSX’s and Audi R8’s were produced? Hard to sell 10,000 NSX’s if only 2,000 were produced
Hard to justify building 10,000 if your only gonna sell 2000
You got any proof you can show us to back that claim up? A link to an article would suffice.
Google how many NSX’s and Audi R8’s were produced
I’m asking Jake to backup his claim that they can’t sell more then 2,000
NSX famously has been a dud throughout. It’s being discontinued, as it never sold more than “dozens” per quarter in the last couple of years.
It’s over
Learn the difference between “your” and “you’re” and maybe I’ll take your comment a little more seriously.
Not nothing to be excited about, let’s see a GM sedan decimate the compact and mainstream segments, it can be done in a short time..
I suppose it could if they were willing to lose money on every unit. The thing is gm is allocating chips primarily to what makes money, suv’s, trucks and vettes. Smart.
Not smart, the Vette can die today and it won’t effect GM’s bottom line. Yes the trucks/SUVs is running the company, not to mention international markets. If they put the same effort into the sedan lineup as they did Vette, buyers wouldn’t even think about buying Korean and make the Japanese and Euros sweat..
Vette is a halo car. It gets people in. So you are going to the honda dealer to oogle a civic?
Sure, the Type R would out pace your primered ’84 Vette . You made a key point “halo car” as in not needed, as said GM needs to put more effort into a practical sedan and get an higher ROI then a limited sport car..
No money in those econo-boxes, they’re making $$$ on the Vettes, SUVs and trucks.
GM’s stupid decision to drop the Cruze bites them more and more everyday.
Come on highway interest rates & economic recession.
Sedans are a dead category… maybe you didn’t get the memo?
Funny because Toyota and Honda have no issue selling them.
The new mid engine C8’s are a game changer. It’s got style, performance and technology at a fraction of the cost of their competitors. I’d be worried if I were any of these other car companies.
A Corvette is a poor man’s Porsche
I mean, do you want a 4 cylinder Cayman instead, with 200 less HP?
What good is horsepower when every where you go you’re sitting in traffic? Does it really make a difference if you get to the next traffic light before everybody else?
Bragging rights !
Is that why everyone is driving a 70hp Mirage?
on the flip side… “A Porsche is a rich fool’s Corvette”
Except they put a known defective transmission in the Vette. Not the smartest thing to do.
I love my 2021 C8. My wife preferred the Porsche 718 Boxster and also got a 2021. They too are quite hard to get, but we managed to find a dealer with an unfilled allocation. The biggest difference between the Corvette and the Porsche is that as hard as the Porsche is to get – Porsche dealers are still selling at MSRP with no markups.
I got my 2021 C8 at MSRP, which really does make it a bargain. I waited a year from order to delivery.
It checks all the boxes for performance, driving excitement, etc, , except one. I thought it would be easier to get a date. But when you are old and ugly even
a pretty car will not be enough bait.
Don’t know where you folks live but around Charlotte it’s easy to find dealers that will sell at MSRP.
So, you bought a certain car because you thought it would help you get dates? Maybe, it’s not the car.
C8 in any iteration is a rarity in my demographic. (Upstate NY) I have only seen 3 in traffic since launch. Chevy Man hit the nail on the head. If you have any negative feedback for what is arguably the industry sucker punch to ALL sports car developers today, you are an agent who’s job is to deflect attention away from the elephant in the room or just a troll who probably drives something a lot less impressive than the lowliest of sports cars which the C8 is far from imo.
The $87k base z06 is faster on the track than the the $175k base 911 Turbo or the previous Turbo S. I haven’t seen a comparison to the new $200k 911 Turbo S. “Porsche provides the only noteworthy competition in this segment.”
This tells you everything you need to know.)