Despite the limited number of cosmetic and mechanical changes, the sale of 1994 Corvettes actually rose to 23,330 units despite a modest price increase to $36,185. Even with the increase in Corvette sales, the ZR-1 Corvette sales continued to suffer with only 448 units sold in 1994. Given the year over year decline in ZR-1 sales, it was announced by General Motors that 1995 would be the last year for their “King of the Hill”.
A total of 17,984 coupes were built in 1994 (including cars with the ZR1 option code). The base coupe (no ZR1 package) accounted for 75.17% of production at 17,536 units while the base convertible accounted for 22.91% of production volume at 5,346 units made.
Of the 17,984 coupes, 448 coupes had the ZR1 package chosen and made up 2.03% of total volume for the year. A sufficient number of LT5 engines had been assembled by Mercury Marine to allow for that production of 448 Corvettes a year through the end of 1995 and it was only because of this fact that the ZR-1 continued production at all, especially given the overall lack of sales of the high end Corvette. The 448 ZR-1 optioned coupes made up 1.92%.
% of Total
1994 Production Volumes by RPO Codes & Colors
Below, we have broken out the 1992 Corvette production builds by RPO codes and options so you can see how popular or rare certain options were.