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CORVETTE TODAY - Kevin Mackay Talks About The Cunningham Corvette & Bringing It Back To Life

In 1960, Briggs Cunningham took 3 Corvettes to France to race at Le Mans. After that race, the cars were brought back to the United States, put back to original and sold to consumers. The #3 car was recovered about put back to the way it was when it raced in 1960 at Le Mans and is owned by a private owner. https://youtu.be/_g_9Eah8pS8; https://podcasts.adorilabs.com/corve...FbtXiohpLYxLCh The car is owned by Bruce Meyers of the Peterson Automotive Museum in Los Angeles. But what happened to the car? After a long legal battle, Kevin Mackay from Corvette Repair in Long Island, New York, has been putting this historic Corvette back to it's original 1960 livery for the past year (after it was purchased by Briggs Cunningham's family at auction). Kevin comes back on CORVETTE TODAY to tell the story of the Cunningham Corvette and to tell you when and where you can see this car...with its two siblings! If you love the history of Corvette and its racing past, DO NOT MISS this episode of CORVETTE TODAY. www.CorvetteToday.com
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Corvette Brand Manager, Harlan Charles Talks Everything E-Ray

Corvette Marketing & Brand Manager, Harlan Charles returns to CORVETTE TODAY with your host, Steve Garrett, to talk about the new 2024 Corvette E-Ray. https://youtu.be/3u0WMcgtnWI ; https://podcasts.adorilabs.com/corve...GToHlBAjuBPZxz. Harlan gives us an extensive overview is this revolutionary new Corvette and give us insight never heard before about the upcoming E-Ray. www.CorvetteToday.com
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Corvette Today News & Headlines: Late January, 2023

With the announcement of the 2024 Corvette E-Ray, your CORVETTE TODAY host Steve Garrett, and Keith Cornett from CorvetteBlogger have a lot to tell you about !!! https://youtu.be/734VgDupTBI; https://podcasts.adorilabs.com/corve...UAAEX2obMOXMml
Plus, we get a possible glimpse into the Corvette future with Manny Katakis from Muscle Cars & Truck with what the C9 Corvette could look like. Besides the E-Ray, here are some of the other stories Steve and Keith will discuss....
1. Corvette beats the Porsche 911 as Consumer Reports most satisfying car to own.
2. GM delivers over 9,000 Corvettes in the 4th quarter of 2022
3. Corvette Racing debuts the GT3.R on January 27th at the Rolex 24
4. The Mecum Auction at Kissimmee sells the very first Corvette Sting Ray
5. The National Corvette Museum hosts exhibits to celebrate 70 years of Corvette
All the Corvette E-Ray news you want and need plus much more on next week's CORVETTE TODAY News & Headlines show!
Listen to the podcast, watch the YouTube video, join the Facebook group, sign up for email notifications and shop in the Merchandise Store at: www.CorvetteToday.com
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2023 Corvette Info Including E-Ray, SR & Z06 Pricing, SR & Z06 Visualizers, 70th Anniversary Info, Press Releases for SR & Z06 & Their Build & Price, Order Guides & Visualizers

E-Ray Visualizer: https://visualizer.chevrolet.com/ui?...US&channel=b2c
Official E-Ray Press Release: https://www.midenginecorvetteforum.c...-press-release
Official GM E-Ray Pictures: https://www.midenginecorvetteforum.c...and-visualizer
+ 25 KEY E-Ray Components/Factors: https://www.midenginecorvetteforum.c...rs-information
E-Ray Leaked Info/Visualizer: https://www.midenginecorvetteforum.c...tte-e-ray-leak
Z51 & Z06 GM Track Specs: https://www.midenginecorvetteforum.c...ecommendations
Z06 BUILD & PRICE: https://www.chevrolet.com/performanc...d-price/config
Z06 Order Guide: https://www.gmfleetorderguide.com/NA...D=22412&type=0
Z06 Pricing Spreadsheet: https://www.midenginecorvetteforum.c...9Chvp%E2%80%9D
Z06 MSRP and Options Pricing: https://www.midenginecorvetteforum.c...freight-charge
2023 SR Build & Price: https://www.midenginecorvetteforum.c...up-and-running
*2023 SR & Z06 Official Owners Manual: https://www.corvetteblogger.com/docs...ersManual.pdf; and,
https://www.midenginecorvetteforum.c...owner-s-manual
* 2023 GM Bash Major Seminar with HQ video: https://www.midenginecorvetteforum.c...ore-bash-video
*2023 Stingray Visualizer: https://visualizer.chevrolet.com/ui?...US&channel=b2c
* COPMPLETE 2023 STINGRAY PRICING: https://www.corvetteactioncenter.com...ion-Center.pdf
*2023 Stingray (ONLY Order Guide: https://www.gmfleetorderguide.com/NA...D=22412&type=0
*70th Anniversary Combined Press Release For SR & Z06: https://www.midenginecorvetteforum.c...iversary-model
*Z06 Press Release: https://www.midenginecorvetteforum.c...-press-release
*Z06 Reveal Pictures: https://www.midenginecorvetteforum.c...eveal-pictures
*Z06 Visualizer: https://visualizer.chevrolet.com/ui?...US&channel=b2c
Order Guide (unofficial): https://www.midenginecorvetteforum.c...-action-center
*Z06 vs Z07 Aero Components: https://www.midenginecorvetteforum.c...s-similarities
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Corvette Inventory/Days Supply Calculations

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  • Corvette Inventory/Days Supply Calculations

    This thread, which will be updated monthly, is with great thanks to einventory.com. As I have confirmed with its owner (I had a lengthy and delightful conversation with him two days ago), days supply can be a quickly-changing monthly number — as it is based on current supply divided by last month’s average daily sales rate.

    Examples:

    In December, 2018, there were 8,000 unsold Corvettes nationwide. The average December daily sales rate was 49.5 units per day, resulting in a 162 day supply at the December sales rate.

    However, if this coming April, a month in which sports car sales typically weather-wise grow nicely, if the inventory then were to be the same sales 8,000 unsold Corvette units, but the average sales rate were to have grown to 75 Corvettes per day, the days supply would drop to 107.

    And if, perhaps because the 2019 special editions nicely coming off the assembly line around that time, and adding in the typical springtime weather boost, average monthly sales were to then have increased to 100 Corvettes per day, the days supply would drop to roughly 80 days.

    Note: BGA is currently working 5 days per week, 8 hours per day, producing at an average daily production rates of 93 Corvettes/day.

    While there are always extenuating and different circumstances, the auto industry’s desired average “days supply” is usually 60 days for each model, meaning that they have enough inventory in stock to show new customers, yet now too much inventory to cost them dearly with carrying charges.
    Last edited by John; 01-20-2019, 05:41 PM.
    2023 Z06: Hypersonic Gray HTC, two tone blue interior, CCB’s, 3LZ, E60, and with every visible carbon fiber option order-able including wheels. Lifetime, annual contributors, and 24 year members of National Corvette Museum. Home is the beautiful Pacific Northwest.

  • #2
    Great thread, will be very interesting how the numbers change in the next couple/few months.

    Comment


    • #3
      If corvette sold 18000 units in last year....and has 8000 unsold inventory on hand...

      thats says over 5 months inventory to me....

      if 8000 unsold inventory remains and the annual sales stay relatively constant at 18000 units...

      your inventory will take around 5 months to sell through....

      cutting prices through incentives is a proven way to move inventory...

      ive seen porsche utilize dealers taking unsold inventory and using them as “demos” throughout the country to get an incentive like pricing strategy to take hold and attract buyers...

      gm doesnt or hasnt done that very often with corvettes.

      Comment


      • #4
        Originally posted by JB View Post
        If corvette sold 18000 units in last year....and has 8000 unsold inventory on hand...

        thats says over 5 months inventory to me....

        if 8000 unsold inventory remains and the annual sales stay relatively constant at 18000 units...

        your inventory will take around 5 months to sell through....

        cutting prices through incentives is a proven way to move inventory...

        ive seen porsche utilize dealers taking unsold inventory and using them as “demos” throughout the country to get an incentive like pricing strategy to take hold and attract buyers...

        gm doesnt or hasnt done that very often with corvettes.

        Actually 162 days is over 5 months, but this calculation ignores the units still being produced. If the factory makes cars at a higher rate than they sell (as in the example in the OP) then the inventory number will increase.

        A shutdown will have to come soon, if the C8 is coming out this year.

        Let's pick a date - say the end of March, and make a bunch of assumptions.

        Let's say that 15,000 C7's sell in CY 2019. That's an average of 1250 a month.

        So an inventory forecast for end March might be:

        8,000 minus (3 x 1250) plus new manufacture of (93 x 60 days) = 8,000 - 3,750 + 5,580 = 9,830.

        If the plant shut down after March 31, then the inventory of 9,830 would represent 8 months of sales, Probably about right if the C8 starts getting delivered before the end of the year.

        Hence my belief that notice of a plant shutdown (which would have to come in advance), and it's timing will be a firm indication of GM's plans regardless of whether a reveal has happened by then.
        Last edited by Bikerjulio; 01-21-2019, 10:45 AM.
        2020 C8 Corvette.D.O.B 2/03/2020
        Shadow Grey Metallic on Black
        2LT, Z51 + MRC. GT1 seats.
        Spectra Grey Tridents.
        Carbon flash mirrors and spoiler.

        Comment


        • #5
          Going to be interesting to track these numbers monthly.

          Comment

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