2023 Corvette Z06 Production Heavily Constrained
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Anticipation for the 2023 Chevy Corvette Z06 is high, with countless fans eager to get the new mid-engine supercar into their driveway. Unfortunately, GM Authority has learned that 2023 Chevy Corvette Z06 production will be heavily constrained for the foreseeable future.
According to GM Authority sources, 2023 Chevy Corvette Z06 production will be constrained at just 10 percent of accepted orders due to what the automaker refers to as a plant restriction. For now, there’s no end date in sight with regard to this latest production constraint, and for the time being at least, the constraint is applied for the entire 2023 model year. That said, it’s possible the constraint may change over time.
As GM Authority covered previously, production of the 2023 Corvette Z06 will begin in September at the GM Bowling Green plant in Kentucky. It’s unknown at this time the number of orders GM is accepting for the new mid-engine supercar, nor is it known how many units GM will end up building. That said, we can safely assume there won’t be many throughout the 2023 model year.
Per previous GM Authority coverage, GM will allocate new units of the 2023 Chevy Corvette Z06 to dealers using a Historic Sales Volume model based on 2020, 2021, and 2022 Corvette C8 Stingray 3LT sales volume. This is in contrast to an Average Day Supply dealer allocation model, which takes into account the number of days it takes a dealer to sell a certain vehicle.
Pricing for the 2023 Corvette Z06 starts at $106,395, making it less expensive than a variety of high-end rivals. Notably, the new Z06 is also expected to include a $2,600 gas guzzler tax.
As a reminder, the 2023 Corvette Z06 is motivated by the atmospheric 5.5L V8 LT6 gasoline engine. Output is rated at 670 horsepower and 460 pound-feet of torque, while under the skin, the new Z06 rides on the GM Y2 platform.
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Yes, Sir, none other than Chuck DeKubber built my LS3.
Still seeking him out at various GM/Chev/Corvette events to have him autograph it.
8TY4SPD – license plate on my numbers-matching 1980 with 4 spd man trans, the best old model Corvette for cruising.
MNL13GS – ditto my 2013 GS 6 spd man trans, the best late model Corvette for cruising.
Just my opinion.
This is getting tired and lame. Perhaps GM should not have a total of 55,000 C8’s backed up in the order books. Forget the Z06. 55K is two years of orders in total right there. GM need to get straight, use their scale to source from reliable suppliers and stop making Business 101 errors like continuing to accept orders they cannot possibly deliver on any time soon.
What does steve carlisle say about all of this ??? Pretty quiet !!! All of them are quiet !!!!!
GM is not serious ,they are playing with customers a game that reveal a aspect of no trust !
One constraint that effects both the Stingray and the Z06 is the Z51 performance package. That is stopping the production for a lot of builds. One problem is supply and demand.
What’s the hold up? When will that constraint be lifted? It would be helpful to many buyers to find out more about that constraint. That would be a great article to read if someone would do the research.
After reading this article a few times, I am starting to wonder what GM’s long-term strategy is for the Corvette both ICE and EV. Since there is this big push to have all vehicles be EV’s I am starting to think GM is rethinking its strategy for the Corvette. I am thinking the ZO6 will end up being a limited production run for the next two years followed by a limited production ZR1 for two years. In parallel, they will introduce the E-Ray which will not have a limited production followed by the Zora which most likely be a limited run. I am starting to believe GM’s strategy is to eventually eliminate the ICE Corvette by 2030. I hope I am wrong for a lot of reasons but politics and money control the direction of the auto industry and the push to eliminate ICEs is well on its way whether we like it or not. I am sure I will get a lot of thumbs down on this comment which is fine, it’s just something to think about.
I don’t think your thoughts are unreasonable. I had similar thoughts. How will it look if gm has an ICE vehivle as a highly sought-after, high demand vehicle? I’m looking forward to see how the E-ray does.
Getting in line and waiting your turn is no longer an answer. A friend ‘ordered’ and put a deposit on a Z06 in 2019, when the C8 first came into being. Now, 3 years later the major chain owned dealer who promised MSRP and delivery based on deposit date tells him he is 12th in line (he was 2nd) and he will probably see a car in 2024. Dealers need to be able to make a buck, but they should also need to keep their promises. No longer, now its just ‘how much are you willing to pay’. He now says ‘screw the bowtie, if I have to pay Porsche GT3 money I am going to get the GT3. This was going to be a conquest sale for GM as a lifetime Ford and BMW guy was going to get his first GM product. Now he is pretty bitter.
I have a Z06 order in, but realistically, it’s probably not going to happen. Therefore, I picked up a 2022 3LT loaded with 230 miles for $100,000.00. Was over MSRP, but a May 2022 build and no regrets. At my age can’t take it with me. The Z06 ordered from a dealer that sells at MSRP and only $500 deposit.