Corvette Sales Remain Steady Through June as 2016 Production Comes to an End

General Motors has released their June 2016 sales report and Corvette sales remained relatively steady to the end of the 2016 model year as 2016 Corvette production ended yesterday.

2,483 2016 Corvettes were delivered last month which is an 11.5 % decrease from this month last year.

General Motors (NYSE: GM) sold 209,295 vehicles to individual or “retail” customers in June, up more than 1 percent year-over-year, driven by increases at Chevrolet, Buick and Cadillac of 3 percent, 2 percent and 5 percent, respectively. Based on initial estimates, GM gained 0.1 percentage points of retail share in June to remain the fastest growing full-line automaker.  GM has gained retail market share in 13 of the past 14 months, dating to April 2015. Less profitable daily rental sales were down 5,690 vehicles or 22 percent, as planned. GM’s total sales in June were down less than 2 percent to 255,210 vehicles.

GM is currently offering $2,000 loyalty cash for current Corvette and Chevy Equinox owners. If you currently own or lease a Corvette, take an additional $2,000 off the purchase or lease of a new 2016 Corvette base model or Z51 (excluding Z06) – or – if you currently own or lease a Chevrolet Equinox, take an additional $1,500 off the purchase or lease of a new 2016 Corvette base model or Z51 (excluding Z06).

This Corvette sales report is brought to you by MacMulkin Corvette of Nashua, New Hampshire – the 2nd Largest Corvette Dealer in the Country! To view MacMulkin Corvette’s current inventory and Corvette incentives, click here. Contact the Corvette Team at Contact Us or call us at 603-888-1121.