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Old 03-03-2014, 11:08 AM   #1
Keith@VetteFinders
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Default February 2014 Corvette Sales total 2,438

GM released the sales numbers for February 2014:

February 2014: 2,438
February 2013: 980
January 2014: 2,261

YTD Increase: 148.8%
MTM Increase: 7.8%

http://www.corvetteblogger.com/2014/...orvette-sales/
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Old 03-03-2014, 11:14 AM   #2
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great news; and not unexpected.
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Old 03-03-2014, 11:33 AM   #3
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Not bad, considering the weather out East. Long way to get to 30K-40K projected, though.
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Old 03-03-2014, 12:32 PM   #4
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Would be interesting to understand what the plant capacity is and what % of that is produced and sold.
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Old 03-03-2014, 12:44 PM   #5
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Quote:
Originally Posted by onthebottom View Post
Would be interesting to understand what the plant capacity is and what % of that is produced and sold.
Figure that they are building around 3250 a month and subtract 2,438 from that. Easy to see what percentage they are not selling each month vs the number being built. Hint: 25%

Last edited by JoesC5; 03-03-2014 at 12:46 PM.
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Old 03-03-2014, 12:48 PM   #6
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Not bad, considering the weather out East. Long way to get to 30K-40K projected, though.
Not really. Even at 2,200 a month, that's still over 26,000 for the year. Considering they've only had winter months to sell the car and that half the country won't drive a Corvette this time of year, I would assume sales will pick up quite a bit this month, next month and into summer.
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Old 03-03-2014, 12:56 PM   #7
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Originally Posted by LuvnMyC7 View Post
Not really. Even at 2,200 a month, that's still over 26,000 for the year. Considering they've only had winter months to sell the car and that half the country won't drive a Corvette this time of year, I would assume sales will pick up quite a bit this month, next month and into summer.
I expect a big spring sales number, people have cabin fever with the colder then normal winter. What better way to break out and enjoy warmer weather then with a new vette.
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Old 03-03-2014, 01:14 PM   #8
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I expect a big spring sales number, people have cabin fever with the colder then normal winter. What better way to break out and enjoy warmer weather then with a new vette.
Monthly sales will pick up in the spring/summer, but some of it will be because of dealer discounting and because many buyers will be able to walk into their dealer and pick one out from the dealer's in-stock inventory.
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Old 03-03-2014, 01:16 PM   #9
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Looks right in line.

I wouldn't expect much from GM regarding incentives via rebate. Maybe finance incentives or alike. Dealers might take more off, but GM will not be giving much if any money--no need.
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Old 03-03-2014, 01:34 PM   #10
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That number would of been higher if GM filled those allocations for the people that had cars on order from the smaller dealerships.
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Old 03-03-2014, 01:47 PM   #11
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That number would of been higher if GM filled those allocations for the people that had cars on order from the smaller dealerships.
And the number built would be lower if GM filled the allocations of the smaller dealers in front of the earned allocations of the larger dealers. The large dealers wouldn't be very happy if they had to wait to get their earned allocations because GM was busy filling orders from the smaller dealers. If you have 1,000 dealers(out of 3,000) that have only earned ten allocations each for the year, why should they get their ten first(that's 10,000 cars) before the large dealers get any.
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Old 03-03-2014, 02:03 PM   #12
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Here we go again. Same old story, screw the little guy and kiss the butt of the big one. Meanwhile all those cars are sitting on lots unsold because they don't have the Z51 package, and the people that put up a deposit at a small dealer can f themselves.
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Old 03-03-2014, 02:14 PM   #13
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Here we go again. Same old story, screw the little guy and kiss the butt of the big one. Meanwhile all those cars are sitting on lots unsold because they don't have the Z51 package, and the people that put up a deposit at a small dealer can f themselves.
So what this tells me is after 10 pages of explanation, you learned nothing.
"Who needs facts when I have a perfectly good opinion"
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Old 03-03-2014, 02:24 PM   #14
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Figure that they are building around 3250 a month and subtract 2,438 from that. Easy to see what percentage they are not selling each month vs the number being built. Hint: 25%
Do you have a source for the 3,250
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Old 03-03-2014, 02:35 PM   #15
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So what this tells me is after 10 pages of explanation, you learned nothing.
"Who needs facts when I have a perfectly good opinion"
Apparently nobody gets it. I know how the system works, I just don't agree with it.

If two people were being mugged, one looks to be well off and the other looks to be just the average guy, I'll help the well off person because I might be rewarded and screw the other guy because he probably can't afford to give a reward.

Do you get my meaning? I understand rewarding the "big" dealerships with more allocations, but the small dealerships need to be treated better than they are.
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Old 03-03-2014, 02:41 PM   #16
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Do you have a source for the 3,250
The plant was configured to build 18 cars per hour, for a straight 40 hour week times 4.33 weeks so that's 3157 cars at 100%. Of course they can run at 100% all day long, so that cuts into the production but they have been working overtime. Last I heard they were producing around 165 per day with overtime. That would take it to 3572 per month. I don't believe they are working a full 4.33 weeks each and every month.

Even if they are building 3572 a month that would make the percentage of sold cars to built cars even worse, meaning that there are even more unsold cars on the dealer's lots.
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Old 03-03-2014, 02:46 PM   #17
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Quote:
Originally Posted by blackmagicZ View Post

Apparently nobody gets it. I know how the system works, I just don't agree with it.

If two people were being mugged, one looks to be well off and the other looks to be just the average guy, I'll help the well off person because I might be rewarded and screw the other guy because he probably can't afford to give a reward.

Do you get my meaning? I understand rewarding the "big" dealerships with more allocations, but the small dealerships need to be treated better than they are.
I'm getting your meaning but disagree with your thought process of it. I don't mean that you're not smart, just not looking at from the right angle.

Anyway, its been over discussed enough on here. If you care to debate more, pm me.

Either way, hope you get the car you want
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Old 03-03-2014, 02:47 PM   #18
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Quote:
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Apparently nobody gets it. I know how the system works, I just don't agree with it.

Do you get my meaning? I understand rewarding the "big" dealerships with more allocations, but the small dealerships need to be treated better than they are.
Okay, well that's certainly your prerogative. Just don't be pissed when your guy doesn't get one, as you UNDERSTAND how it works now.

Big guys EARNED their allocations .

Glad GM is filling their orders first--mine will be coming off the line in a few weeks

No more beating this horse into the ground.
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Old 03-03-2014, 02:52 PM   #19
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So as expected the market is being flooded which simply means the 14's are already dropping like the Titanic. Anyone who wants a new C7 should wait for the 15's to arrive unless you're getting 7-10k off the window.
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Old 03-03-2014, 02:53 PM   #20
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Figure that they are building around 3250 a month and subtract 2,438 from that. Easy to see what percentage they are not selling each month vs the number being built. Hint: 25%
I think that is high. Right now they have produced 17,000 Cars in 8 months, or about 2,125/mo. average; assuming they produce the 30,000 suggested, that means another 13,000 cars in 5 months, or an average of 2,600/month.
I think currently they are averaging 115 cars a day, which works out 2,875/month - nowhere near 3,250.
As for unsold inventory, it is less than you think. Kerbeck has 27 coupes and 35 convertibles in stock, which is 2 weeks of allocations; MacMulkin has 32 coupes and 14 convertibles in stock, which is also about 2 weeks of allocations. Two weeks of inventory this time of year isn't a lot, and that is the reason prices have remained pretty firm.
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