One of GM’s suppliers cited COVID-19 as the cause of the parts shortage. While the assembly plant was ready to go, the parts supplier for GM failed to deliver, and this impacted the assembly line’s ability to keep the line moving. Now things are back on track. The plant began production of C8 Corvettes again yesterday, October 19th.
This will not impact the number of 2020 Corvettes sold. Chevrolet noted it will still fulfill all orders received for 2020 Corvettes. However, we must note the assembly plant will need to continue producing 2020 Corvettes into December. From there, it can move on to the 2021 model year.
At the time of the shutdown, GM had produced VIN 13,352. That means there are 6,829 customers waiting for their Corvette to come off the line.
Corvette Blogger notes that GM has not yet given dealers their allocation numbers for the 2021 model year. We expect the 2021 model year car to sell out even if GM can produce more Corvettes next year. The demand for the car remains high.
With the COVID-19 pandemic entering a new phase in fall of 2020. It will be interesting to see if further shutdowns due to parts supply occur. Chevrolet could experience further delays for 2020 Corvette production, and it could possibly see disruptions to the production of the 2021 model year cars as well.