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First Corvette Stingray Convertible sells for $1 million

The first Chevrolet Corvette Stingray to be built has been auctioned for charity by Barrett Jackson  and bought by Rick Hendrick for $1 million. The new Corvette Stingray Convertible was offered for sale this weekend at Barratt Jackson’s auction in Palm Beach, Florida, with GM donating the healthy proceeds of $1 million to the Barbara Ann Karmanos Cancer Institute. The Stingray Convertible was bought by wealthy NASCAR team owner Rick Hendrick, who can now add the Stingray Convertible to his collection of cars, which also includes the first of the new Stingrays for which he paid $1.1 million.

Fisker expects to partner with automakers

Fisker Automotive's CEO, warning of the pitfalls facing independent small automakers, says the luxury plug-in hybrid manufacturer is poised to partner with other automakers next year. Tony Posawatz, Fisker's CEO and former chief engineer of the Chevrolet Volt, told Automotive News that Fisker is in talks for three potential deals in which executives at the "highest levels" of the companies involved are "talking specifics." "We are absolutely committed to making this company win longer term, and the history of smaller companies living on their own in the automotive business is not stellar," Posawatz said in an interview. "We are not going to go it alone." Posawatz said alliance deals could be completed within the next year.

Chrysler 200C Revealed

The Chrysler 200C - replacement for the Sebring Although the Chrysler Sebring is a car you can actually pop off to your dealer and buy in the UK, a chunk of readers on this side of the Pond will know it best from trips to the US as the ugly lump of iron they got lumbered with at the car rental desk. The Sebring was unloved by car hacks and the motoring public alike; it mixed poor design with poor looks, a poor drive and a poor interior to make for less than dynamic sales. So when Chrysler tipped up to the Detroit Motor Show in 2009 with a 200C Concept it seemed clear that was what was coming to oust the Sebring.