Corvette Sales Continue To Decline For Second Year: Should GM Simply Shelve The Icon?

Last week General Motors released the monthly sales report and for the seventh straight month, the number of Corvettes remained higher than 1,000 units. But is there bad news on the horizon? October’s delivery of 1,011 Corvettes marked the sixth straight decline from May’s 1,428 deliveries. October’s sales lagged -12.4% from the 1,154 Corvettes delivered a year ago and year to date sales are running -9.5%.

 As far a production numbers, the Bowling Green Assembly Plant produced 616 2011 Corvettes in October 2010. This was 802 units less than the 1,418 Corvettes produced in September 2010. We asked a representative at the plant about the decline and it turns out there was a two week shutdown for plant maintenance.