C8 Z06 allocation change
Thread Starter
Team Owner
Joined: May 1999
Posts: 34,551
Likes: 505
From: Auburn Hills MI
C8 Z06 allocation change
So they announced this allocation change:
2023 Chevy Corvette, including Z06, reportedly a few months away (autoblog.com)
So is this Average Daily Supply across Corvette only for an entire dealers lot?
What about places like Stanford who have multiple GM brands, is it their total lot supply or specific to Chevy or more specific to just Corvette.
This addresses ADM. There are plenty of Corvettes available if you want to pay ADM. I'd assume an MSRP dealer has a average daily supply of 0 or 1 because its all presold where an ADM dealer will show cars sitting on the lot.
2023 Chevy Corvette, including Z06, reportedly a few months away (autoblog.com)
That brings us to the second switchup in Corvette production. In previous years, GM kept allocations of standard Corvettes separate from the Z06. For the C8, Corvette allocations won't be separated. This suggests that 2023 Corvette Z06 production will begin on May 9, the same day as the standard car. Furthermore, with the C7 Corvette Z06, GM based dealer allocations on how many Z06s the dealer had sold the previous year. With the C8, GM will use a dealer's Average Daily Supply to gauge how quickly that dealer is selling Corvettes, then determine how many of each Corvette the dealer gets.
What about places like Stanford who have multiple GM brands, is it their total lot supply or specific to Chevy or more specific to just Corvette.
This addresses ADM. There are plenty of Corvettes available if you want to pay ADM. I'd assume an MSRP dealer has a average daily supply of 0 or 1 because its all presold where an ADM dealer will show cars sitting on the lot.
Drifting
Joined: Sep 2020
Posts: 1,423
Likes: 639
From: Columbia SC
Not sure I understand how Average Daily on Hand works? Would it be for the pervious model year (8months) or the last 12 months of C8 Sales? Very few dealerships have any C8's on their lots, so their ADH is what they sold. I'm confused, any help.. Please.
Safety Car
Joined: Nov 2007
Posts: 4,537
Likes: 1,403
From: Bethesda MD
They will limit Z06 production somehow; either allocations or constraints. MacMulkin has hundreds of Z06 deposits that predate its unfilled C8 deposits. Probably true at a lot of places, except Ciocca which had its Z06 stampede late in the game, although in a few months that will change for them too. They can't support having nearly every dealer order only z06s for three months straight. Good chance the Z06 slows the line down and unlikely they have enough engines built.
But if MM could order 100 Z06s in the first allocation and BG would build them quickly, that would be awesome.
But if MM could order 100 Z06s in the first allocation and BG would build them quickly, that would be awesome.
Race Director
Joined: Feb 2011
Posts: 14,735
Likes: 5,604
From: AZ
If the "customer" agrees up front at deposit time to pay a $20K market adjustment in addition to MSRP, it will go out the door in 2-4 days.
I think this is what GM is trying to police, not upfront customer agreed upon dealer markup to MSRP, but the bait and switch dealers that say MSRP at order time and then say "sorry, more money please" to the unsuspecting customer at delivery.
I don't know the time frame that ADH is measured on, but I suspect it is not too out of date.
I don't know if this is affected by Museum delivery as the Museum delivery is something like 3 weeks after the dealer gets paid by the customer. I guess the dealer could report it was "delivered" to the customer when paid even though the customer wouldn't "take delivery" physically until weeks later.
Instructor
Joined: Feb 2013
Posts: 191
Likes: 92
From: Colorado Springs, CO
2024 C6 of the Year Finalist - Unmodified
I'm hoping that short of a strike the only constraint might be hand built engine production quantities. That brings up the question of how long will it take to automate this?!
Drifting
Joined: Sep 2020
Posts: 1,423
Likes: 639
From: Columbia SC
Ahh .... So all C8, including the C8 will be this way. A local dealership here in South Carolina has someone order the C8 and then when it's delivered backs out.. huumm imagine that, every sale is like that!!!! Then they put $10 -$15K Mark Ups on each car and sell to out of state people. So that dealership may have longer ADH than others??? Which means smaller allocations, I hope.
Safety Car
Joined: Nov 2000
Posts: 4,033
Likes: 2,600
From: Northern VA, USA
Automate what? The engine build? They want that hand built, that is a "feature". In 2016 when they sold the most C7 Z06s, they built some the engines on the line in Tonawanda instead of at the performance center in BG. They purposely added a second shift to build engines in BG so they could all be hand built there.
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Burning Brakes
Joined: Aug 2019
Posts: 1,189
Likes: 1,002
From: Toronto, Canada
All the allocation change means is that if a dealer receives his first 20 cars GM will say you can order 16 Stingray and 4 Z06.
What that dealer will then do is take his next 16 folks on a Stingray list and fulfill them and take his next 4 on the Z06 list...etc. etc.
What that dealer will then do is take his next 16 folks on a Stingray list and fulfill them and take his next 4 on the Z06 list...etc. etc.