There Are 9,000 New C7 Corvettes Sitting At Dealers’ Lots – Who Wants One?

Chevrolet dealerships across the United States have an extraordinary 232-day supply of brand new C7 Corvettes on their lots – which, frankly, is quite higher than the industry norm.

Corvette Blogger reports that, as of February 2019, inventories of the C7 Corvette have swollen to 9,000 vehicles across the country. That figure comes from eInventoryNow, an online resource that allows dealership to manage their new vehicle inventories. In December 2018, there were 8,000 Corvettes waiting to be sold and Chevrolet has continued to produce more C7s than it can sell into 2019.

Sales of the C7 Corvette reached their peak in 2016, when an impressive 40,689 units were sold. Since then, however, demand has steadily declined and in January 2019, a mere 800 new Corvettes were sold.

Obviously, sales of the current Chevrolet Corvette have taken a hit with the news that the eighth-generation Corvette is just around the corner. While the C8 will probably cost more than the C7, many prospective Corvette owners are likely waiting to see what the mid-engine model is like before buying one – or, instead, opting for a discounted C7.

Corvette Blogger also speculates that Chevrolet may be stocking up on C7 Corvette inventories as the company could have plans for a plant shutdown to retool facilities for the totally different, mid-engined C8.

As we recently discovered during a five-day drive with a 2019 C7 Corvette Z51, it might be old but it’s still one of the best bang-for-your-buck sports cars on the market. If Chevrolet decides to offer the C7 with generous discounts following the arrival of the C8 Corvette, we presume it will manage to shift most, if not all, of its huge inventory soon enough.

Chevy’s ‘Vehicle Locate’ Feature Can Put Everyone’s Mind At Ease

Vehicle Locate can help you keep tabs on your car and let people know where you are.

Netflix’s New F1 Series Promises A Proper Behind-The-Scenes Look

‘Formula 1: Drive to Survive’ Netflix docuseries will span 10 episodes and debut on March 8.

There Are 9,000 New C7 Corvettes Sitting At Dealers’ Lots – Who Wants One?

News of the mid-engined C8 Corvette have slowed C7 sales considerably, but it still is one heck of a sports car.

How Badly Should Britain’s Car Industry Fear A No-Deal Brexit?

The disruption caused by a no-deal Brexit could result in the decline of the UK’s car industry.

1964 Ford Falcon Goes From Boring To Mad Max With Hot Rod Mod

This second-generation Ford Falcon has been lowered and modded to look more menacing.

Fiat 500L Urbana Edition Launched Stateside As $595 Styling Pack

The 500L Urbana is a styling pack available for the Trekking, to which it adds a $595 premium.

Volvo’s Made In The U.S.A. S60 Coming To Europe

Volvo expects to produce nearly 50,000 vehicles in the US, half of which will be exports.

Montblanc Luggage Set For BMW 8-Series Costs More Than A Ford Fiesta

The five-piece luggage set is tailored made for the 8-Series Coupe and is priced at 14,900 euros.

Audi Slides Down A Snowy Hill Takes A Dodge With It

This Audi A4 Avant driver might want to put some chains on the car next time.

GM Putting $20 Million Into Romulus Plant To Build More 10-Speed Transmissions

This can only mean more GM vehicles will feature 10-speed auto transmissions in the future.