• News
  • Guides
  • Reviews
  • Media
  • About
  • News
  • Guides
  • Reviews
  • Media
  • About
Sign up Now (For Free)

Sign up for our newsletter and receive the latest automotive news in your inbox!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!
News
Read Now
  • All News
  • Automakers
  • Automobiles
  • Auto Shows
  • Business
  • EVs & Environment
  • Guides
  • Lawsuits/Legal
  • Regulatory
  • Ride-Sharing
  • Safety & Recalls
  • Technology
Recent
  • The Rearview Mirror: A Sports Car from a Company You've Never Heard Of
  • Analysts Predict Declining Tesla Sales in Q3
  • Overlanding is the New Hotness
  • New Vehicle Sales Increase in September
  • Are EVs Affordable? Only if You’re a Luxury Buyer
  • Honda Takes Wraps Off New All-Electric Prologue
  • Mercedes to Offer True Self-Driving in Late 2023
  • Biden Meets UAW Picketers, Offers Support
  • Ford Halts $3.5B MI Battery Plant; Fain Slams Company
  • An Electric Acura NSX Could Be Coming
Editor’s Choice
    Reviews
    Read Now
    • All Reviews
      • Feeder
    • Classic Cars
    • Concept Cars
    • Convertibles
    • Coupes
    • Crossovers/CUVs
    • Diesel
    • Hot hatches
    • Hybrids
    • Luxury Vehicles
    • Minivans
    • Muscle Cars
    • Pickups
    • Sedans
    • Sports Cars
    • Super Cars
    • SUVs
    Recent Reviews
    • A Week With: 2024 Buick Encore GX Sport Touring AWD
    • A Week With: 2023 Mercedes-Benz EQB 250+
    • A Week With: 2024 Mazda CX-90 Turbo S Premium Plus
    • A Week With: 2024 Mercedes-AMG EQE SUV
    • A Week With: The 2024 BMW i7 xDrive60
    • A Week With: 2024 Alfa Romeo Tonale Veloce AWD
    • A Week With: 2023 Toyota Camry XSE Hybrid
    • A Week With: 2024 Subaru Impreza RS
    • A Week With: 2023 Chevrolet Colorado ZR2 Desert Boss
    • First Drive: 2024 Polestar 2
    Editor’s Choice
      Guides
      Car Warranty
      • Endurance Warranty Reviews
      • BMW Extended Warranty
      • Extended Warranty For Cars Over 100k Miles
      • Extended Car Warranty Cost
      • Subaru Extended Warranty
      • CarShield Reviews
      • CarShield Cost
      • Aftermarket Car Warranty
      • CARCHEX Warranty Reviews
      • Reputable Extended Car Warranty Companies
      • Used Car Warranty Companies
      • Best Car Warranty
      • Is CarShield A Scam?
      • Mercedes Extended Warranty
      • CarShield Plans
      Insurance
      • How To Identify A Car Insurance Company
      • Geico Mechanical Breakdown Insurance
      • How Far Back Does A Car Insurance Company Look
      • Mechanical Breakdown Insurance For Used Cars
      • State Farm Mechanical Breakdown Insurance
      • Mechanical Breakdown Insurance From Progressive
      • Dollar A Day Insurance
      • Auto Insurance For SSI Recipients
      • Car Insurance Rates After A Suspended License
      • Auto Insurance For Salvage Vehicles
      • Average Cost of Dodge Ram 1500 Car Insurance
      • Car Insurance Florida
      • Full Coverage Auto Insurance
      • GrubHub Insurance
      • Amazon Delivery Auto Insurance
      Shipping
      • Car Shipping Companies
      • uShip Reviews
      • Auto Shipping From California To Hawaii
      • Montway Auto Transport Reviews
      • Cheap Car Shipping
      • Easy Auto Ship Reviews
      • Auto Shipping Miami
      • Auto Shipping To Alaska
      • Car Shipping Cost
      • Auto Shipping Hawaii
      • Auto Shipping Puerto Rico
      • Sherpa Auto Transport Reviews
      • Auto Shipping Atlanta
      • Auto Shipping Boston
      • Auto Shipping. Chicago
      About
      • About Us
      • Contact Us
      • Terms of Use
      • Privacy Policy
      • Affiliate Disclosure
      • Sitemap
      TheDetroitBureau.com

      More than just “another” place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. TheDetroitBureau doesn’t stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting.

      Contact Us

      Like what you see? Have some ideas for making The Detroit Bureau.com even better? Let us know, we’d love to hear your voice.

        Media
        Listen Now
        • Headlight News: All Episodes
        More from TheDetroitBureau
        • Guides
        • Latest News
        • Auto Reviews
        • Podcasts
        Headlight News

        TheDetroitBureau.com’s Headlight News offers a look at the past week’s top automotive news stories, as well as what’s coming up in the week ahead. Check out the week’s top story and our latest review…along with a dive into the past with this week in automotive history.

        home > news > Automakers > New Corvette Stalling Sales of the New Corvette

        New Corvette Stalling Sales of the New Corvette

        Fans waiting for the mid-engine C8, slowing C7 sales.

        Michael Strong
        Michael Strong , Managing Editor
        May 06, 2019
        General Motors is adding a second shift and more than 400 hourly jobs at its Bowling Green (Kentucky) Assembly plant in preparation for the C8 Corvette.

        The new Corvette is the best ever — and no one wants one.

        Well, perhaps not no one, but with the news confirming that the eighth-generation, mid-engine ’Vette is due to arrive later this year, sale of the America’s sports car are fading even faster than they have for the past few years.

        Beyond the Headlines!

        Corvette sales hit their high-water mark at about 37,000 in the U.S. in 2006.

        Sales of the speedster in the U.S. have fallen each quarter since 2016. In 2018, the company sold 18,791 Corvettes, which is 44% less than in 2015. With folks waiting the for the eighth-gen models, the current versions are sitting in ever-growing numbers on dealership lots.

        (GM to reveal mid-engine Corvette in July. Click Here for the story.)

        Fans are waiting on the new C8, slowing sales of the new current-generation Corvette.

        When big sellers sit, dealers look to find ways to make them move, and the current Corvette Stingray is getting up to $15,000 in discounts. In short, if you wanted a Corvette and weren’t worried about the mid-engine version, now is the time to jump.

        In the meantime, those lusting for the long-awaited C8 version can – and are – waiting. “We’ve been taking deposits for a rumored mid-engine Corvette since 2014,” Sean McCann, floor manager at Stingray Chevrolet near Tampa, Florida, told Bloomberg.

        “People are canceling their orders (on 2019s) and starting to hold back, because they want to wait and see what’s going to come out.”

        (Caught! Click Here to check out these pics of a fleet of C8s caught testing in a snowstorm.)

        Overall, in the U.S. sports car sales are trailing the rest of the industry. In an SUV-crazed era, sales have falling 22% in the past three years, Bloomberg notes. This is in spite of Dodge rolling out new version fo the Challenger that are wider and more powerful every six months, and the public seemingly gobbling them all up.

        The move of the C8 Corvette to the mid-engine realm changes to the segment. The current front-engine model is about as fast as it can be, GM engineers have noted. It’s not going to handle must better either without the shift to the middle, so to speak.

        Specifics are scarce, but for the two most important details. His tweet declared it “The Next Generation Corvette,” and announced that the C8 will make its official debut on July 18, 2019. There has long been speculation that the C8 would carry the official name, Zora, in honor of Zora Arkus-Duntov, the man commonly known as the “father of the Corvette.”

        (Dodge looking at possible hybrid Hellcat. Click Here for more.)

        More likely, that will be the name of the top-performing version that is expected to follow the same route we’re seeing such European stalwarts as Ferrari and McLaren follow, opting to pair a Formula One-style electric motor on the front axle with a twin-turbo V-8. If that proves accurate it could mark the first-ever production GM factory-built product to top 1,000 – and it would deliver power through all four wheels, a Corvette first.

        How to Care for Your Car

        Cheap Car Warranty

        Editor's Choice

        Best Extended Car Warranty

        Editor's Choice
        Recently Published

        The Rearview Mirror: A Sports Car from a Company You’ve Never Heard Of

        Sept. 30, 2023

        Analysts Predict Declining Tesla Sales in Q3

        Sept. 29, 2023

        Overlanding is the New Hotness

        Sept. 29, 2023

        Leave a Reply Cancel reply

        Your email address will not be published. Required fields are marked *

        Share this article:
        © The Detroit Bureau 2023
        • Guides
        • Privacy Policy
        • Terms of Use
        • Affiliate Disclosure
        • Contact Us
        • Sitemap
        Follow Us: