Chevrolet recently announced a series of updates to the 2018 Corvette but fans looking to place an order are reportedly out of luck.
According to Cars Direct, Chevrolet has put a hold on all new Corvette orders. The report says the hold is a result of a temporary shutdown at the Bowling Green Assembly Plant which is slated to last for three months.
The shutdown will begin in August and spokesman Ron Kiino says it will enable the company to "finish construction of a new, state-of-the-art paint shop." Production is scheduled to resume in November so new Corvette models might not arrive at dealerships until December.
This isn't entirely bad news as Chevrolet currently has around 14,700 Corvettes in inventory. This equates to a 146 day supply, according to the Automotive News Data Center, so the shutdown could help the automaker to clear out its inventory of existing 2017 models.
While this is good news for GM, it could be bad news for consumers as incentives may be reduced as the Corvette supply dwindles.
Rumors have suggested the shutdown could be related to upcoming Corvette C8 but nothing is official. Regardless of the reasons, the current model still has some time left as the company is gearing up to launch the highly-anticipated Corvette ZR1.
Photo Gallery
Comments
Post a Comment