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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.

2012 Jaguar XKR-S Convertible Price: £103,000 & just 100 UK cars

Jaguar XKR-S Convertible - For Sale at £103k in the UK We noticed yesterday that Jaguar in the US seemed to have confirmed that the US price for the new Jaguar XKR-S Convertible - currently strutting its stuff at the L.A. Auto show – is $138,875, and that the States is getting just 25 cars, which have all been sold. Despite a frantic search of our inbox, we couldn’t find any sign of a UK price for the soft-top XKR-S in the UK, so we got hold of Jaguar who have confirmed the UK list price as £103,000.

General Motors cancels plans for Buick compact crossover

General Motors has canceled plans for a compact crossover for Buick, vice chairman Tom Stephens said Wednesday in a posting on the company's blog. The five-passenger crossover was just announced earlier this month at an event in Northern Michigan. But GM reversed plans after negative feedback about the vehicle said that it didn't fit the premium characteristics associated with the brand.