GM Cuts Down Corvette Production Due to Slowing Economy - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 9 Old 09-15-2008, 08:06 PM Thread Starter
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GM Cuts Down Corvette Production Due to Slowing Economy

The growing economic recession in the U.S. has finally caught up to the iconic Corvette as General Motorsí officials confirmed to Automotive News that production of the two-seater sports car at the Bowling Green assembly line in Kentucky will come to a halt during the week of October 6th.

But thatís only the beginning as GM revealed that once the Corvette assembly resumes during the week of October 13th, production will be slowed down from 18.5 vehicles per hour to 15, something that could potentially lead to up to 75 workers losing their jobs at the Bowling Green plant. And in case youíre wondering, Corvette sales from January through August have dropped by 8.5% compared to the same period in 2007.



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post #2 of 9 Old 09-15-2008, 08:32 PM
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interesting but understandable... so tempted to pick up an '08 LS3 Z/51 vette over this 5th gen. but I'm holding on by god's will
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post #3 of 9 Old 09-16-2008, 06:16 AM
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You can pick up a Z06 for $12k+/- under MSRP. I don't have that kind of money, but if I did, it would be a no-brainer.

We sure do live in interesting times.

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post #4 of 9 Old 09-17-2008, 09:41 AM
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I see this as good news.. yes good news to the future owners of the camaro.. this is what you call a BUYERS MARKET!

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post #5 of 9 Old 09-17-2008, 10:31 AM
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Makes sense, sales drop and prodcution should drop to follow suit.

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post #6 of 9 Old 09-18-2008, 08:56 AM
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Ours is $2000 UNDER GM Employee pricing RIGHT NOW - or about $13K more off MSRP

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post #7 of 9 Old 09-18-2008, 09:46 AM Thread Starter
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**** Scotty. . . that's a ton off. . . Wife is going to kill me for asking. But what color and total price we talking?

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post #8 of 9 Old 09-18-2008, 04:32 PM
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Originally Posted by FranknBeans View Post
**** Scotty. . . that's a ton off. . . Wife is going to kill me for asking. But what color and total price we talking?
Jetstream Blue -

See http://www.5thgen.org/forum/showthread.php?t=7547

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post #9 of 9 Old 09-21-2008, 11:35 AM Thread Starter
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oh snap, Very tempting, but I have to say my heart is on the camaro.

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