Something tells me GM management has delayed the C8
12-06-2018, 09:53 PM
#41
Le Mans Master
Why is it too late? We are still over a month away from the Detroit show. I would bet that there are a couple of show car C8's sitting in the GM tech center very close to the Cobo center ready for the reveal As quiet as GM has been about this car I think they will surprise us all!.I am very sure even if not Detroit, that GM is going to reveal this car in January. They are waiting for the new year! We will see!
12-07-2018, 01:57 AM
#42
12-07-2018, 02:22 AM
#43
Le Mans Master
Thread Starter
At the risk of my entire business I am compelled to disclose some inside information specifically addressing the current rumors and speculation surrounding the possible delays of the Corvette Manta Ray in hopes this will quell the possibility of any further significant distress and disappointment across the Corvette fan base and most importantly the membership herein.
There will be no delays of the new car and the launch will go on as planned and in the venue as has been previously selected. All testing has been completed and the car has surpassed all established benchmarks and expectations. In fact, it is so good any and all pre-announce marketing efforts have been placed on temporary hold until 45 days prior to the specified launch date. Hold onto your hats gentlemen and gentle ladies. The Eagle will be Landing soon.
There will be no delays of the new car and the launch will go on as planned and in the venue as has been previously selected. All testing has been completed and the car has surpassed all established benchmarks and expectations. In fact, it is so good any and all pre-announce marketing efforts have been placed on temporary hold until 45 days prior to the specified launch date. Hold onto your hats gentlemen and gentle ladies. The Eagle will be Landing soon.
No one in their right mind would "risk their entire business" just to blab about the C8 on this forum.
12-07-2018, 02:45 AM
#44
Race Director
First, see have zero evidence that the ME is going to be delayed.
Second, as to a stand alone reveal option, lets says your attendance is beyond spectacular and you have 25,000 attendees. That pales in comparison to the average 1,100,000 annual New York Auto Show attendance.
The exception to that could be the Indy 500 where attendance is 250,000, the average U.S. television audience is 4,900,000 with an additional 2,000,000 estimated worldwide watchers. Have a public reveal the night before, charge attendance, have a named performer like Bruce Springsteen, and through in race tickets, and might this be the reveal choice.
With the ME the highly-probable Pace Car for the May 26th event, that could be a winning place for the reveal.
Still, I think not.
Second, as to a stand alone reveal option, lets says your attendance is beyond spectacular and you have 25,000 attendees. That pales in comparison to the average 1,100,000 annual New York Auto Show attendance.
The exception to that could be the Indy 500 where attendance is 250,000, the average U.S. television audience is 4,900,000 with an additional 2,000,000 estimated worldwide watchers. Have a public reveal the night before, charge attendance, have a named performer like Bruce Springsteen, and through in race tickets, and might this be the reveal choice.
With the ME the highly-probable Pace Car for the May 26th event, that could be a winning place for the reveal.
Still, I think not.
12-07-2018, 01:37 PM
#45
Race Director
They have produced at least 40 C8's, according to Jeremy (Jags).
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ByByBMW (12-08-2018)
12-07-2018, 02:06 PM
#46
Agree, the power of big auto shows isn't about how many regular folks buy tickets, it's about the power of the press. NYC likely has more international coverage than any other venue. Events like the Indy 500 aren't covered by the type of journalists GM marketing needs to write big stories to generate excitement and sales inertia.
Last edited by Foosh; 12-07-2018 at 02:11 PM.
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Corvette ED (12-07-2018)
12-07-2018, 02:56 PM
#47
Le Mans Master
GM is unpredictable and wants to survive. Corvette does not contribute significantly to the bottom line and if the higher ups decide to cancel that is what they will do. The cost of cancelling contracts for the C8 is far less than keeping the plant running with unsold product for a new model that is drastically more expensive than the C7. Just remember Dodge got rid of the Viper and it was a niche product just like the Corvette.
12-07-2018, 03:28 PM
#48
Safety Car
That analogy is way off base. Viper sales were always a pittance of the Corvettes. Viper sales averaged just 1,000 units per year its last four years. During that same time Corvette average sales average 30,000+. Even in this 2019 production year, the C7’s last, they will sell over 18,500 new Corvettes this calendar year.
A second difference is that GM made $2,000,000 during the C7 run, whereas Viper was a losing money proposition most of its life.
A second difference is that GM made $2,000,000 during the C7 run, whereas Viper was a losing money proposition most of its life.
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12-07-2018, 03:47 PM
#49
That analogy is way off base. Viper sales were always a pittance of the Corvettes. Viper sales averaged just 1,000 units per year its last four years. During that same time Corvette average sales average 30,000+. Even in this 2019 production year, the C7’s last, they will sell over 18,500 new Corvettes this calendar year.
A second difference is that GM made $2,000,000 during the C7 run, whereas Viper was a losing money proposition most of its life.
A second difference is that GM made $2,000,000 during the C7 run, whereas Viper was a losing money proposition most of its life.
12-07-2018, 03:57 PM
#50
That analogy is way off base. Viper sales were always a pittance of the Corvettes. Viper sales averaged just 1,000 units per year its last four years. During that same time Corvette average sales average 30,000+. Even in this 2019 production year, the C7’s last, they will sell over 18,500 new Corvettes this calendar year.
A second difference is that GM made $2,000,000 during the C7 run, whereas Viper was a losing money proposition most of its life.
A second difference is that GM made $2,000,000 during the C7 run, whereas Viper was a losing money proposition most of its life.
Completely agree that Corvette does not make much money for GM (if any) but the car serves the same purpose as the Viper. It is a brand image, and they will not get rid of it. The sinking of the Corvette would signal the sinking of GM as a company.
Last edited by Atari_Prime; 12-07-2018 at 03:59 PM.
12-07-2018, 04:10 PM
#51
Race Director
GM made 2 billion on the c7 run ..
id say thats a nice hunk of change.
glad they did.
id say thats a nice hunk of change.
glad they did.
12-07-2018, 06:49 PM
#53
Le Mans Master
I am still betting on January for a reveal from GM. I think that they have been waiting for the new year to announce this car. Look back at most of the new Corvette reveals.....January!!
12-07-2018, 09:39 PM
#54
Le Mans Master
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[QUOTE= The plan was for the New York auto show that starts March 30th.
[/QUOTE]
The dates for the 2019 New York Auto Show is April 18th to April 28th this year. It makes sense to unveil the car there. The very first Corvette was unveiled in New York and that was also where Zora first saw the car. Also from a retail sales point of view the Top three Corvette dealers in the country are with in a 3 hour ride of the Javits Center. From a marketing stand point you can draw people from New York, New England, New Jersey, Pennsylvania, Baltimore, Washington DC. In my area we have a local tour bus company that runs a bus to the New York Auto Show every year. My Corvette club members have just about bought all the seats on the bus hoping this is where the C8 will be? We did this in 2013 because GM unveil the C7 convertible there.
[/QUOTE]
The dates for the 2019 New York Auto Show is April 18th to April 28th this year. It makes sense to unveil the car there. The very first Corvette was unveiled in New York and that was also where Zora first saw the car. Also from a retail sales point of view the Top three Corvette dealers in the country are with in a 3 hour ride of the Javits Center. From a marketing stand point you can draw people from New York, New England, New Jersey, Pennsylvania, Baltimore, Washington DC. In my area we have a local tour bus company that runs a bus to the New York Auto Show every year. My Corvette club members have just about bought all the seats on the bus hoping this is where the C8 will be? We did this in 2013 because GM unveil the C7 convertible there.
Last edited by Corvette ED; 12-07-2018 at 09:42 PM.
12-07-2018, 09:47 PM
#55
Safety Car
My typo, and a big one above. Sorry
Yes, thanks for correcting me that was supposed to be $2,000,000,000 (not $2,000,000 as per my major typo above). And while a subsequent poster above disagreed with that figure, that works out to around $11,500/car. Which from knowledge of profit for other GM vehicles in the Corvette’s price range, is very plausible. And second, I got that $2B profit figure from an insider. Lastly, on AutoLine Bob Lutz noted that GM made huge amount money on the C7.
Originally Posted by elegant
That analogy is way off base. Viper sales were always a pittance of the Corvettes. Viper sales averaged just 1,000 units per year its last four years. During that same time Corvette average sales average 30,000+. Even in this 2019 production year, the C7’s last, they will sell over 18,500 new Corvettes this calendar year.
A second difference is that GM made $2,000,000 during the C7 run, whereas Viper was a losing money proposition most of its life.
A second difference is that GM made $2,000,000 during the C7 run, whereas Viper was a losing money proposition most of its life.
12-07-2018, 09:48 PM
#56
Safety Car
Thank you CorvetteEd for sharing the correct dates for the 2019 New York Auto Show. The 2018 show started on March 30. The 2019 NYAS is just about as late as it has ever been held.
12-07-2018, 10:50 PM
#57
Team Owner
12-07-2018, 11:40 PM
#58
As I said in a different thread.. With the new video of the C8 testing at Sebring, wouldn’t it be cool to see both the production car and the GTLM car both roll onto the stage at Detroit in January?
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mre1974 (12-08-2018)
12-08-2018, 12:47 AM
#59
Viper was never intended to make any money. It was a halo car. The car was a fantastic beast, the car equivalent of using a sledgehammer to drive a nail through a piece of cheese. Fantastic in every way, practical in none. It was meant to make us drool and get people in the door, nothing more. And it was great at it.
Completely agree that Corvette does not make much money for GM (if any) but the car serves the same purpose as the Viper. It is a brand image, and they will not get rid of it.
Completely agree that Corvette does not make much money for GM (if any) but the car serves the same purpose as the Viper. It is a brand image, and they will not get rid of it.
The Corvette has always made $$$ for GM, the Viper consistently LOST money for Chrysler.
