2021 Chevrolet Corvette Production is Being Shut Down and it's Not Because of Chip Shortage
The Bowling Green, Kentucky, assembly plant that builds the popular 2021 Chevrolet Corvette will be shut down until at least June 1, the day after Memorial Day. This is just the latest delay for the sports car after a number of shut downs already this year.
General Motors released a statement saying the shutdown is tied to parts shortages but not because of the semiconductor chips shortage. "Our supply chain, manufacturing and engineering teams are working closely with our supply base to mitigate any further impact on production, and we expect the plant to resume normal operations on Tuesday, 1 June,"
While Chevrolet is not saying exactly what parts are in short supply, a commodities website is theorizing that the shortage is tied to the winter storm that hit the south in February. The storm knocked many chemical plants offline. Those plant closures could affect the production of other petroleum-based parts and supplies. The website says that petrochemicals make up more than a third of the raw material costs of an average vehicle.
A String of Corvette Plant Closures
This is the third time that the Corvette plant has had to close because of parts issues just since February. Chevy also had to cease production late last year because of Covid-related supply issues.
Unfortunate to Delay a Hot Seller
What is particularly sad about the new delays is that the C8 Corvette has been a hot seller for Chevrolet. This is only the second year for the mid-engine design and there appears to still be significant demand for the performance car. Chevrolet worked for years to get the mid-engine design perfected. While Chevrolet still builds a relatively small number of the halo cars per year, compared to the huge numbers of trucks and SUVs, it is sad to see them lose or delay any of the planned production.
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