November 2010 Corvette Sales

New Corvette Sales took a major step backwards according to the November 2010 Sales Report issued by General Motors. A total of 836 Corvettes were sold during the month of November, ending the streak of seven consecutive months of sales over 1,000 units. It’s the second worst month for sales in 2010 behind February’s 624 deliveries. Calendar year-to-date sales total 11,645 which is -9.7% off the 12,901 deliveries year to date in 2009.

 

We’ve seen a steady decline in Corvette sales since May’s high of 1,428 units. GM has reacted immediately to the decline in Corvette sales by offering a new round of incentives targeting 2011 models: Buyers can get 3.9% financing for 60 months or 4.9% for 72 months with 120 days until the first payment is due.

 

November 2010’s production of Corvettes shows 995 were assembled. For the 2011 model year, a total of 6,520 Corvettes have been produced.