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General Motors Delivers 6,794 New Corvettes During 1st Quarter 2025
- General Motors delivered 6,794 new Corvettes during the 1st Quarter of 2025, showing a 20.8% decrease compared to the same period in 2024.
- This decline in Corvette sales is attributed to various factors, including the large number of available cars and dealers offering significant discounts.
- Despite the sales dip, there are over 4,500 Corvettes for sale on dealers' lots, indicating an abundance of available inventory.
- Market uncertainty and seasonal factors contribute to lower sales numbers in the 1st quarter, with potential for improvement in subsequent quarters.
- GM is making improvements to the Corvette assembly line to cater to the production of more widebody models like the E-Ray, Z06, and the upcoming ZR1.
- A Costco promotion for the 2025 Corvette Stingray and E-Ray, offering savings up to $3,000, is ending on April 30th.
- The presented delivery numbers are specific to U.S. sales, and GM's 2nd Quarter 2025 sales numbers will be released in July 2025.
- General Motors reported a 17% increase in U.S. sales in the 1st quarter, with growth across all four brands and segments, including EV sales.
- Chevrolet saw a 14% sales increase, Cadillac retail sales were up 21%, GMC had its best Q1 ever with an 18% sales increase, and Buick had its best quarter since 2006 with a 39% sales growth.
- General Motors attributes its sales growth to its diverse portfolio, market leadership in trucks and SUVs, strong EV offerings, and continuous brand growth.
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