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Chevy Corvette Sales Remain Strong With 52 Percent Segment Share During Q2 2024

Chevy Corvette sales increased in the United States and Canada during the second quarter of 2024, with 11 deliveries in Mexico and 34 in Brazil.

Chevrolet Corvette Sales - Q2 2024 - United States

In the United States, Chevrolet Corvette deliveries totaled 9,338 units in Q2 2024, an increase of about 2 percent compared to 9,125 units sold in Q2 2023.

In the first six months of the year, Corvette sales increased about 5 percent to 17,914 units.
MODEL Q2 2024 / Q2 2023 Q2 2024 Q2 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
CORVETTE +2.33% 9,338 9,125 +5.20% 17,914 17,029

Chevrolet Corvette Sales - Q2 2024 - Canada

In Canada, Chevrolet Corvette deliveries totaled 1,292 units in Q2 2024, an increase of about 79 percent compared to 721 units sold in Q2 2023.

In the first six months of the year, Corvette sales increased about 21 percent to 1,623 units.
MODEL Q2 2024 / Q2 2023 Q2 2024 Q2 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
CORVETTE +79.20% 1,292 721 +21.39% 1,623 1,337

Chevrolet Corvette Sales - Q2 2024 - Mexico

In Mexico, Chevrolet Corvette deliveries totaled 11 units in Q2 2024, a decrease of about 39 percent compared to 18 units sold in Q2 2023.

In the first six months of the year, Corvette sales decreased about 26 percent to 35 units.
MODEL Q2 2024 / Q2 2023 Q2 2024 Q2 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
CORVETTE -38.89% 11 18 -25.53% 35 47

Chevrolet Corvette Sales - Q2 2024 - Brazil

In Brazil, Chevrolet Corvette deliveries totaled 34 units in Q2 2024, an increase of about 70 percent compared to 20 units sold in Q2 2023.

In the first six months of the year, Corvette sales increased about 73 percent to 57 units.
MODEL Q2 2024 / Q2 2023 Q2 2024 Q2 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
CORVETTE +70.00% 34 20 +72.73% 57 33

Chevy Corvette sales grew two percent to 9,338 units in Q2 2024, outselling all rivals combined. Shown here is the 2024 Chevy Corvette E-Ray Convertible.

Competitive Sales Comparison (USA)

The dominance of Chevy Corvette sales continues, though competitors made solid gains in Q2 2024 when ranked by sales volume. The Bow Tie brand’s mid-engine sports car has commanded the premium sports cars space for well over a dozen years now since we started tracking Chevy Corvette sales.

Chevy Corvette sales led with a two percent bump for 9,338 deliveries, followed by the Porsche’s two entries in second and third place. The 911 (née Carrera/Targa) saw a 53 percent jump in sales to 4,790 units, and the 718 (née Cayman/Boxster) posted a 14 percent upswing to 1,315 units. The two Mercedes-Benz models were next in fourth and fifth, with the AMG GT coupé posting a 47 percent swell to 1,046 units. The SL-Class roadster, also produced by the automaker’s AMG division, saw a 40 percent drop to 651 units. AMG’s all-new flagship is likely being impacted by a generational changeover. The Lexus LC placed sixth with a 21 percent uptick to 473 units. The Jaguar F-Type took seventh with a nine percent increase to 228 units, and the Audi A8 was eighth with a six percent decrease moving 85 units. Finally, the Nissan GT-R remained last with 74 deliveries – the exact same number as a year ago.

Sales Numbers - Premium Sports Cars - Q2 2024 - USA

MODEL Q2 24 / Q2 23 Q2 24 Q2 23 Q2 24 SHARE Q2 23 SHARE YTD 24 / YTD 23 YTD 24 YTD 23
CHEVROLET CORVETTE +2.33% 9,338 9,125 52% 57% +5.20% 17,914 17,029
PORSCHE 911 +52.55% 4,790 3,140 27% 20% +18.94% 6,720 5,650
PORSCHE 718 +14.15% 1,315 1,152 7% 7% -7.21% 2,112 2,276
MERCEDES-BENZ AMG GT +47.12% 1,046 711 6% 4% +29.78% 1,752 1,350
MERCEDES-BENZ SL-CLASS -39.89% 651 1,083 4% 7% -57.42% 852 2,001
LEXUS LC +20.66% 473 392 3% 2% +17.09% 966 825
JAGUAR F-TYPE +9.09% 228 209 1% 1% -0.35% 570 572
AUDI R8 -5.57% 85 90 0% 1% +42.25% 266 187
NISSAN GT-R 0.00% 74 74 0% 0% -30.41% 151 217
TOTAL +12.67% 18,000 15,976 +3.97% 31,303 30,107

The Corvette earned a majority of sales here with a 52 percent segment share, down five percentage points year-over-year. The 911 posted a 27 percent share, up seven percentage points, and the 718 maintained a seven percent share. Once again, the 911 was the only model other than the Corvette to earn a double-digit segment share. The AMG GT held a six percent share, up two percentage points, while the SL-Class posted a four percent share, down three percentage points. The LC earned a three percent share, up one percentage point, and the F-Type maintained a one percent share. Segment share of both the R8 and GT-R was nil.

Combining Porsche’s two entries, the 911 and 718 lines, gave the German automaker a 34 percent segment share for 6,105 deliveries.

Sales Numbers - Porsche Sports Cars - Q2 2024 - USA

MODEL Q2 24 / Q2 23 Q2 24 Q2 23 YTD 24 / YTD 23 YTD 24 YTD 23
PORSCHE 911 +52.55% 4,790 3,140 +18.94% 6,720 5,650
PORSCHE 718 +14.15% 1,315 1,152 -7.21% 2,112 2,276
TOTAL +42.24% 6,105 4,292 +11.43% 8,832 7,926

The two Mercedes-Benz entries, the AMG GT and AMG SL-Class, combined to give the German automaker a 10 percent segment share with 1,697 sales.

Sales Numbers - Mercedes-Benz Sports Cars - Q2 2024 - USA

MODEL Q2 24 / Q2 23 Q2 24 Q2 23 YTD 24 / YTD 23 YTD 24 YTD 23
MERCEDES-BENZ AMG GT +47.12% 1,046 711 +29.78% 1,752 1,350
MERCEDES-BENZ SL-CLASS -39.89% 651 1,083 -57.42% 852 2,001
TOTAL -5.41% 1,697 1,794 -22.29% 2,604 3,351

The premium sports car segment grew 13 percent to an even 18,000 units during Q2 2024, meaning that Chevy Corvette sales underperformed the segment average.

The GM Authority Take

While C8 Chevy Corvette sales continue to command the premium sports car space, accounting for over half of all sales in Q2 2024, most competitors posted bigger gains this time around. Notably, many of the segment contenders here cost significantly more than Chevy’s mid-engine sports car, at least when talking about starting price.

Speaking of competitors, a few more are dropping out. In March, the Audi R8 ceased production, and in June, the Jaguar F-Type did as well, while the Nissan GT-R is being discontinued.

Yet, recently, the first-ever 2025 Porsche 911 Carrera GTS hybrid debuted as a Corvette E-Ray rival. Last fall, the Porsche 911 Dakar debuted as a new off-road, rally-inspired variant of the popular sports car, for which GM has no Corvette equivalent. The latter followed the reveal of the second-generation 2024 Mercedes-AMG GT Coupe and the 2024 Alfa Romeo 33 Stradale supercar, both as Corvette rivals.

Even crosstown rival Ford has jumped into the mix, officially launching the Mustang GTD as a high-priced, track-focused Corvette rival. The street-legal, limited-edition variant of The Blue Oval’s pony car will be quite pricey, with the MSRP starting at $300K.

Meanwhile, “America’s sports car,” now in the C8’s fifth model year, continues expanding its lineup as well, with the latest being the much-anticipated Corvette ZR1. See below for details.

2025 Chevy Corvette C8 ZR1 Coupe

About Chevrolet Corvette

The 2024 Chevy Corvette adds new active safety tech to its features list to bring it more in line with other Bow Tie brand models. These include Automatic Emergency Braking, standard IntelliBeam automatic high-beam headlamps, and Lane Keep Assist with Lane Departure Warning.

The 2024 Corvette also gets new driver mode selection animations and a new infotainment system incorporating Google built-in features.

The 2024 Corvette Stingray also drops two alloy wheel choices, replacing them with new designs. Check out all the 2024 Corvette wheel options. Furthermore, the 2024 Corvette gets a new Edge Red painted rear fascia script as an LPO-level option.

The Stingray’s M1L transmission gets a case design update and, critically, will no longer require two extra quarts of transmission fluid for track use. It should be noted that GM does not condone tracking M1L-equipped vehicles without the Z51 package.

GM debuted the first-ever 2024 Chevy Corvette E-Ray in January 2023. It features the naturally aspirated 6.2L V8 LT2 engine from the C8 Stingray mated to an electric motor mounted up front. The E-Ray is also the first-ever production Corvette equipped with front-wheel drive and all-wheel-drive traction.

That combination also makes the C8 E-Ray the quickest Corvette ever, with a 0-to-60 mph time of just 2.5 seconds, a tenth of a second quicker than the C8 Z06.

The Corvette Z06 features the 5.5L V8 LT6 gasoline engine, a race-bred, naturally aspirated, dual-overhead cam, flat-plane-crank powerplant.

2025 Chevy Corvette C8 ZR1 Convertible

The 2025 Chevy Corvette gets a new interior color, new Z06 wheels, and more, including three new paint colors, while dropping two wheels for the Z06.

Production of the 2025 Corvette is currently scheduled to start on September 9th.

Last month, GM announced, “The Unthinkable Has Arrived,” officially debuting the new 2025 Chevy Corvette ZR1, revealing the fastest and most powerful production Corvette ever made. Specs include four-digit engine output, a top speed of over 200 mph, and more than 1,200 pounds of downforce at speed.

New twin-turbocharged 5.5L V8 LT7 powering 2025 Chevy Corvette C8 ZR1

At the heart of this beast is the new twin-turbocharged 5.5L V8 LT7, a flat-plane crank DOHC powerplant rated at an astounding 1,064 horsepower at 7,000 rpm and 828 pound-feet of torque at 6,000 rpm. Based on the 5.5 V8 LT6 engine found in the Z06, Chevy boasts that the LT7 is the most powerful V8 ever produced in America from an auto manufacturer, able to motivate the Corvette ZR1 down the quarter mile in less than 10 seconds, with an estimated top speed of 215 mph.

Look for the new C8 Corvette ZR1, which will be available in both Coupe and Convertible body styles, to roll off the production line next year. Official pricing information is expected closer to the start of production.

Check out this GM Authority video overview of the 2025 Corvette ZR1 below:

About The Numbers

Vince grew up in a GM family, likes manuals, and thinks this is the golden age of the automobile.

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Comments

  1. I know now a Z06 , Eray, ZR1 are not in my future, but the 2021 I do have reminds me how awesome this car is.
    A real pleasure in every way.

    Reply
  2. with the overflowing inventory at hand in dealerships discounts are starting to appear with as much as 6k off the MSRP..this alone will carve out more market share for the C8. Not a bad thing but didn’t see anything about pricing affecting market share in the article.

    Reply

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