In August, GM Authority reported the 2023 Corvette Z06 would be restricted to 10 percent of the accepted orders due to a supplier constraint. However, these supplier setbacks have deteriorated even further, with GM no longer taking new sold orders for the mid-engine supercar.
With this change, customers will not be able to place an order for a 2023 Corvette Z06 Coupe or Convertible. It’s currently unclear if it will once again start taking new sold orders for the 2023 model year Corvette Z06 in the future, or if it will wait for the 2024 model year to open up the order books again. It’s also likely that many registered 2023 model year orders will be pushed to the 2024 model year due to these setbacks.
Production of the 2023 Corvette Z06 is set to begin this month at the GM Bowling Green plant in Kentucky. It’s unknown at this time how many orders GM is accepting for the 2023 model year, nor is it known how many units the automaker will end up building. It’s safe to assume a very small number of 2023 model year Corvette Z06 units will roll off the production line in Kentucky, however.
GM has decided to 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, as we reported previously. This means dealers that sold a large number of Corvette Stingray models in the range-topping 3LT trim level received priority on Z06 order allocation.
In addition to production being heavily constrained, certain options and features are also hard to come by for the 2023 Corvette Z06 at the moment. There is currently order constraints on the Z07 Carbon Fiber Aero Package, as well as the limited-run 70th Anniversary Edition package.
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Comments
The dealerships are going to have a field day with “Market Adjustments”. 200k Corvette?
MERICKA!!! $$$$$$$$$
The USA is a free market economy. Anybody can charge anything that they wish, for any item that they wish to sell. I could charge $3 million for a half eaten ham sandwich on Ebay if I really wanted to do so. If you are stupid enough to pay it, that is your problem, not mine. Nobody is being forced to pay over MSRP.
EXACTLY. Starbucks charges $5 and $6 for a latte. If people are dumb enough to pay that much, they’re more than happy to charge you that much. The same as a beer costing $14 at the ballpark. Just can’t fix stupid. Some people think that a Corvette is a necessity. No, It’s just a good looking car that does the exact same thing that a Malibu does. It gets you from point A to point B
I agree to disagree, a corvette will get you from point A to point B way faster, and don’t know about you but my time is money.
You can do whatever you want for sure, but GM will void the powertrain warranty on a Z06 if it is resold in the first 12 months. So they penalize the 2nd owner, and it kind of reduces the value of the car since it will be sold without a powertrain warranty to the next owner. There may be some people willing to take that risk and pay a premium, but many will walk away if they find out their powertrain warranty is null and void just because GM is upset about “flippers” making more on the car than they are…
You’re correct, however this strategy affects most who barely can afford a new C8 at MSRP. This feeding frenzy only profits the dealerships and hurts the average guy. It will be a blood bath of disloyal previous Corvette customers that will drive the dealerships into extinction in the near future. Without a loyal base they can’t continue. The rich will always go elsewhere with FU money to purchase the latest trend.
they’re not. GM has been very clear that any dealer engaging in such behavior will see their allocations cut….for ALL their models, not just corvettes.
LOL. You clearly didnt actually read GM’s memo to dealers, nor have you followed what is actually happening.
nic – You may want to tell that to Novato Chevrolet in California. They have a riverside Blue 2022 SS1le with a sticker of $46,360 and they told me $53,650. Maybe they didn’t get the memo or GM is just blowing smoke.
It is starting to get to a point where GM ought to just drop the Vette from it’s line up.
Sadly, it’s been proven that for most of those dealerships out there; that motive is the Bottom Line.
As an avid Corvette enthusiast/owner and someone that was excited for this vehicle, it is beyond a disappointment. GM has backed themselves into a corner. The Z06 and dozens of other GM vehicles are under heavy constraint and the public is unable to get their hands on them. It is sad to see.
Instead of going out to dinner with Chuck Schumer and Nancy Pelosi three nights per week, perhaps Mary Barra should focus on finding alternative ways to get GM production ramped up and fulfill their customers’ orders. As it sits now, I won’t get my Z06 until until the fall of 2023 or later.
I have an sold-order accepted by GM on the Z06 as well, if it is built will they be worth more or less in the future since there are going to so few built. plus they haven’t released any performance data which could be a problem to take delivery of one, if there are problems with the car itself in 2023.
I WOULD BUY IT AND SIT ON IT. ITS GOING TO BE WORTH A HELL OF A LOT IF GM DOES CUT PRODUCTION AND IT BECOMES A LIMITED PRODUCTION CAR.
NO, YOUR WRONG….Remember the 90’s ZL1? How about the C6 ZL1? Bro it’s just a Chevy. LOL don’t confuse it with a hand built limited run European exotic.
Shame, this is the last exciting car GM has. It seemed like a base C8 at around the claimed $60k would have been a nice deal, however they have been selling for around $100k. AT ~$200k adjusted price for a Z06, you would be nuts to buy one over something with an Italian name, IMHO. Honestly, when any American car starts getting into 6 figures, I think an Italian vehicle or something a little more “exotic” is in order instead. Just my opinion.
Don’t be mad because America is making a car that’s cheaper and got that exotic feel! your just hating for no reason and name right at the point but hey if you get beat by a Honda civic what’s a name mean then?
I’m not sure exactly what you are trying to say. I guess my point is that American performance cars such as the Corvette, Camaro, Mustang, Challenger, etc. used to represent a fantastic performance VALUE. When the prices start getting into the 6 figures, the affordability and value of these cars goes out the window, to the point that you might as well start looking to buy something off your exotic bucket list. I say this as someone that has owned about a dozen or more American pony cars and still has a few.
Cheaper? The mark up on a new Z06 is $100k….You orders full option out Z06 and add that, you’re talking $240k plus. Doesn’t really sounds like a bargain anymore, does it.
GM should be ashamed. Talked about the 2023 zo6 for over a year; however, poor planning has pushed the car so far in the future no one knows when they will be available. No wonder GM went bankrupt in past and appears they are not making any better decisions now. Ford and most German manufactures will prevail
GM has been in a weird place the last few years.. Make some of the best vehicles they have produced in a longgggg time, only to get to a point they can’t give the consumers what they actually want to buy from them. Some of this supply chain stuff is becoming a bit of a long drawn out excuse IMO. If you can’t even keep up with demand right now of hot vehicles, what makes them think we can believe that they will be able to fully fulfill an all electric line up within 13 years?🫤
After 2025 GM as lock in computer parts so that won’t be a problem. The issue now is plastic and composites. Yamaha is having trouble filling boat and waverunner orders. Other issues are getting things shipped, people are not going deliver product and lose money. Many things are going to be even more expensive next year when the manufactures passes new higher shipping cost to the consumer. Until the US because self suffient we are going to have issues for the next couple of years
Despite what you read all manufactures of cars are having issues delivering cars. GM at least is going to retrofit vehicles missing components, its the reason GM trucks outsold ford last quarter.
“Make some of the best vehicles they have produced in a longgggg time”
And that’s the problem. Everybody wants to buy the new product now. However, building cars is an incredible capital investment, both in tooling, but also union labor that’s hard to fire.
Your options are either to build the capacity and jobs to satisfy all the demand in year 1, and then by year 3 where sales are 1/6 that of year 1, you lay off 5/6 of the factory, or you level off the demand by sticking to a sustainable production level and making people wait.
That’s especially bad on the Corvette where everything is discretionary, you don’t have steady fleet sales or regular replacements (most buyers don’t wear out a Corvette and go buy another).
Would you take a job where there was a 75% chance you’d get laid off in 2 years? That’s also why your iPhone and gadgets are made in China, weak labor laws there do let them pull that.
Mary Barra is the kamikaze pilot GM ever had.
Horrible product launch with too many excuses.
My 2014 stingray blew up with 17k miles on it. I was going 15mph…terrible quality and the worse customer service. I paid the bill…
I have a dealer friend, he’s going to title his first ZO6 in his son’s name. He is billing it to his son for MSRP. They are to list it on Bring a Trailer and split the proceeds. Pretty smart! He doesn’t get harassed for gouging and he keeps the cash in the family. The second one goes in his daughters name.
Absolutely amazing. The people of Ukraine don’t know where they are going to sleep and don’t know where their next meal is coming from and people on here complaining about not getting their toy.
Lots of people right here in America don’t know where their next meal is coming from and are also dealing with housing shortages and homelessness. First world problems???
The difference is that many of America’s poor people’s problem are self-induced where as the people of Ukraine are being shelled and they have no control over it
You guys are funny. Ukraine has been shelling, killing and torturing ethnic Russians living in Eastern Ukraine in the Donbass region since 2014. Where were you guys in 2014? How about 2015? DId you shed a tear for them or even care?
It’s same same problem in both situations. It’s the “elites” who think they’re smart enough to micro manage an economy who caused Ukraine to be such an unstable powder keg, and are now reaping the benefits of the military industrial complex. Same elites are keeping china shut down, labor shortages and running adds about eating bugs on MSNCB. If this was a normal blockage due to say a union strike, big whoop, we would all go a GT500 from that competitor across the street.
We are so TO’d about this headline because it’s just one more indicator of the bigger problem, the systematic takedown of the western economy
@ little buzzard: Instead of crying about it on the internet, I suggest you buy a plane ticket to Ukraine and sign up to fight on the front lines. Nobody is stopping you. I highly doubt you will take my advice.
If you did a little reading on the history of Ukraine, you’d see a country in constant corruption and conflict. A country that can’t manage its own affairs and continually seeks out aid from corrupt US politicians.
You want to help Ukraine? Grab a gun and go. Enough US aid and the bleeding of both our youth and treasure on Europe’s hunger for war and death. The US has given enough of its children. Let Europe figure this one out without our help.
Absolute garbage, boycott the car companies! Do not make purchases at all across the board. Watch What Happens within a month LOL.
Oh… yeah, we’ll get right to that …. Lol.
In the meantime, back down in the real world .
The best Vette you’ll never get…
Nice Z06 what are they going to make 3 dozen a year. The engine is silly anyway it’s a track car. The thing revs so high and has like 50 torque. The ZR1 with twin turbos is going to absolutely destroy this thing if they produce any.
Word on the ” underground ” street is GM LAYOFFS are coming ! Theres your REAL answer to why ! #RETIREDUAWMEMBER
Let the Corvette Flipping $$$$ begin!
What a huge embarrassment for GM. We may never know the truth about it; announce a production date, then change your mind before it even begins? Something is very strange about it. If this was Ford and a Mustang, us GM fans would be laughing our tails off.
Well they already have about 20,000 orders in the first production year. They might as well close the books indefinitely because with the back log just from 2023 orders they’ll be producing and fulfilling those orders until 2026 about the time they end production of the Z06
What a bust! Never promise anything you can’t deliver!
I really love my 2021 3LT Z51, but GM has so badly bungled the entire rollout and now production of the C8 Z06 that I have totally given up on them. I will be looking elsewhere for my next “exciting” car.
I’m curious to know what “parts” are causing this cessation. Heard some time back that there were problems getting the flat plane cranks properly balanced.
As I mentioned in one of the other articles the Z06 will be limited or they will stop producing in 2023. They say it is a supply constraint issue. In some cases maybe, but how come you don’t have an issue getting an EV? Joe’s going to the Detroit auto show to push EVs. It’s all politics and money. As someone mentioned in one of the other articles, it’s not General Motors any longer it is Government Motors. I predict, that GM, before year-end, will announce do to uncontrollable constraints and the push to EVs, we decided to move away from the Z06 and focus on the E-Ray and Zora. I hope I am wrong. I am on the list, but I don’t think I will ever be able to place an order for the Z06. Totally disgusted with the direction the country, GM, and others are going.
Generally speaking, when things go wrong (for whatever reason) everyone looks for someone to blame, and it usually starts at the bottom because those at the top of any business have to have some sort of control over things, or at least show everyone that they are not to blame, ever! Sadly when dealing with GM and the very “tippy top person”, Mary Barra, you can count on her to just smile at the camera’s and profess she’s doing the best she can and then, proceed to collect her amazing salary and “benefits” as the CEO of GM. Great work if you can get it. Oh sure, we can’t blame her for everything cause there are those things that can’t be controlled (like the weather for instance) but my gawd, when someone collects a huge salary with benefits as Mary does, you’d think that she’d take her responsibilities more seriously. GM should know when you’re dealing with outside vendors and special parts requirements for your products, you’ve got to figure that sooner or later something is going to go very wrong, it’s the way the world works today. Having worked for GM for over 38 years on a lot of different levels, I’ve had to deal with such incompetency that when I finally retired it was such a relief because believe me, the GM of today, while engineering and building some pretty decent vehicles has fallen prey to simply going with the cheapest, lowest cost bid vendors and can’t seem to manage itself properly while paying out such crazy salaries for those who are merely figureheads in the business. Oh well, I hope that Mary Barry sleeps well at night while the “people in the trenches” at GM are sweating bullets trying to keep the assembly lines moving, and especially the assembly line in Bowling Green where the “Mighty C8 Corvette” has been going through some tough times indeed.
As a long time Corvette owner of every generation except the C8 over the many years with GM, I’ve always been able to watch America’s Sports Car improve over the years into what it is today, but sadly world conditions have really put the Corvette into some tough situations, however…those at “The Tippy Top” at GM should be aware that they’ve got the power and the money to keep these problems from seriously affecting their product image, or so you’d think, but that’s not the case, especially when having to deal with the C8 Corvette which has had perhaps the very worst start up and continued production scheduling problems of any GM product I’ve ever had seen in all of 38 plus years working at GM.
Someone has to be blamed for this mess…so pick someone and go with it, but remember “crap rolls downhill” so you might want to start at the top of the “food chain”, and guess who that is…yep that would be “Queen Mary Barra”, the one person at GM that never has a “Bad Day”, cause no matter what happens, the money and “bennies” just keep coming!
To my way of thinking….if you’re responsibilities are such that you can be paid an astronomical amount of money and you fail miserably at your job….you should be replaced by a more competent person, paying a person that can’t handle things and get things done or isn’t capable of hiring people that’ll get things done is a waste of time and money. Period.
I guess the more things change, the more they stay the same…and that is especially true at good old GM. Pathetic.
GM needs a new Person running it. Mary is way over her head
Joe is coming to Detroit to thank the manufacturers for changing their focus and commitment to EVs. Why do you think they just stopped production of the Z06? Mark my words, GM will announce that due to part constraints for the foreseeable future and the mandate for producing EVs, we have decided to stop production of the Z06 and focus on the next-generation electric Corvette. It’s all political and I wouldn’t doubt if you hear Joe announcing another bill that incentivizes the manufacturers to increase EV production. This administration and the Green Wokers are destroying America. It happened in Europe and is now happening in the US. Call your congressmen and Senators and tell them to stop this madness and devise a sensible energy-independent plan which includes an EV transition plan.
PLEASE, We need TRUMP back as soon as possible..
My Corvette was to begin production on 8/23. The news that there will be few 2023 produced this year is great with me.
I can’t wait to start the driving experience.
Thanks Biden and Chevy I refuse to by electric!! This administration is destroying this country.. I have had an order for the last year 1/2 for over 145,000 and you don’t want to sell a car. Good ridden!!
I just bought a C8 Z51 instead! You can have just as much fun. It does 11.2 in the 1/4 mile, has a top speed of 205 MPH and most drivers won’t even be able to push the handling to it’s limit on the track. Plus guys are going to put a turbo or super charger on a Z51 and blow away the Z06 anyway. So unless you’re truly a collector, it’s probably not worth all the drama and money to get a Z06.
A bunch of garbage on this blog. Only partial information is accurate. For anyone who thinks GM Authority has anything to do with GM is sadly misinformed.
America can’t even build its own car. A country that went to the moon and helped win two world wars. Why this reliance on outside venders from other countries? What the US doesn’t have the resources? I think not. What’s worse is the price and the staggering markup. It’s no longer a poor mans sports car that an average person can purchase. No, its become the wine and cheese crowd. GM no longer builds cars for average people. I’ll go elsewhere.