If I could chime in here.
This is not the first time I have heard the "GM is cutting allocation by 15% (or more)"
Here's what is actually being said:
"GM is cutting allocation to the HIGH VOLUME CORVETTE DEALERSHIPS by 15 to 20%"
What is not being said is "GM is cutting production by 15 to 20%"
They may still make 40,000, 2020 Corvettes as they originally planned on doing. What is being said here is they may be reducing the number of Corvettes some dealerships are getting in order to allow other dealerships to receive more of the love.
I imagine this has very little to do with Canada and if it has any impact on the USA, the impact in Canada in minimal. We get 5-15% of all Corvettes built. What we get would have little effect on the American market.
Now, directed at
@OttawaKev :
GM doesn't have any of your money right now. You may have a big deposit at a dealership, but it's not GM that is incurring interest on the money. Dealerships are franchised. The dealership has your money and would be incurring interest on it if that is what they choose to do with it (not likely, no dealerships have invested money. It's all tied up in millions of dollars for the inventory they're carrying). If you decide to pull your order and not buy the car, it'll be of no consequence to GM, but would mean the business, the people working at the dealership and their families will take the loss at no fault of their own. Thank about that for a second.