By all accounts, sales of the latest generation of Corvette are declining at rather fast rate (without overheating problems) , sending +General Motors marketing and sales departments into a rather permanent panic mode. Considering the 1500 units sold this January, it is easy to understand why the panic mode continues to run its course, especially considering that the introduction of the latest version of the C7 Corvette, so called Grand Sport did absolutely nothing to improve this situation (3063 units sold in August 2016 versus 2725 in August 2015 shows the sales failure of Grand Sport very well).
Given this situation, it is easy to understand why heavy discounting is present across the entire Corvette line up, including the Grand Sport and it is even easier to understand why the news regarding the alleged upcoming mid engine Corvette circulate at head spinning rates.
But... there is more misery knocking the GM way, this time, courtesy of another failure called 2016 Chevrolet Camaro, Corvette's high performance stablemate in the +General Motors line up.
If the thousands of unsold 2015 and 2016 Corvettes cluttering dealer lots were not bad enough, there is about 11k unsold 2016 Camaros keeping their company on overflowing lots. Given the fact that there is about 18k unsold 2015 Camaros as well, one cannot help but ask: what the fuck is GM thinking overproducing cars that do not sell? Certainly, tens thousands of unsold cars cannot be good for preserving reputation of Corvette and Camaro, not only causing problems for the dealers (another winter is coming and summer only tires will crack as before as soon as freezing weather comes) but also screwing owners who may consider trading or selling their cars in search for the next acquisition.
Ironically enough and unlike the Corvette, 2016 Camaro is significantly better than its predecessor, it is lighter and smaller and it has an automatic transmission that is supposedly superior to the 8-speed turd in the Corvette. The reality is that even though Camaro is better than before, the previous generation sucked so bad that any improvement to the car amounts to nothing less than a jeweler advertising half off price after hiking up prices 200% the night before. In other words, the competition is there offering better cars at competitive prices, fitting better needs of the buyers.
Is it time for GM to take a break and regroup? One would think this may be a great idea but... there is a problem with the UAW and its members yearning to throw more shoddy workmanship and defective parts (both Corvette and Camaro have the LT engine turds in common) at the buyers while collecting their wages and paying union dues. The result is of course the stated above situation on the dealers lots.
well one reason the SCRAPMARO isnt selling is because it looks like shit!its almost a copy of the last gen.CRAPMARO.the vette on the other hand,looks like shit,and it cannot be driven for more than two laps.thats Garbage Motors for you.
ReplyDeleteproblem is the rear of the c7 looks like absolute crap and doesn't follow the lines of the rest of the car. still too much cheap plastic in the interior. sorry not worth 60k at a minimum
ReplyDeleteCamaro now has a $2000 incentive for Mustang owners to buy one of these fucking pieces of shit. If $7,000 discounts weren't already enough, GM piles more cash incentives to try and move these piles of shit.
ReplyDeletePeter MJ do you believe this bullshit?
ReplyDeletehttp://gmauthority.com/blog/2016/08/what-chevrolet-says-about-slipping-sixth-gen-camaro-sales/
In speaking to Automotive News, Chevrolet spokesman Jim Cain attributed the decline to 2015 being a model change-over.
ReplyDelete“A year ago we were running out the old model,” he said. “We had higher inventories and higher fleet sales.”
That “running out of the old model” is generally associated with higher incentives to clear out inventory (of the fifth-generation Camaro) in order to make room for an all-new product (the sixth-generation Camaro).
That couldn't be further from the truth if there are still tons of 2015 Camaros and incentives piled on the 2016 already. The article also says GM blames lower sales on zero incentives on the 2016 Camaro and no fleet sales. Both of those are lies, many incentives on a all-new Camaro and they are flooding rental fleets faster than you can say tits.