Garrett (gt42 Style) 72mm Compressor Housing on 2040-parts.com

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.

Car spending 'more than holidays'

NEARLY HALF of drivers in the UK spend more disposable income on their car than anything else, according to a survey. Spending on cars (47%) easily outweighs the amount spent on holidays (21%) and socialising with friends (13%), the poll from Halfords Autocentres showed. But the survey also found that 10% of drivers were cutting back on car maintenance to save money.

Asian brands top annual Consumer Reports rankings on reliability

Honda, Acura, Porsche and Scion topped the annual Consumer Reports reliability survey released on Tuesday. At the other end of the spectrum, Audi, BMW and Mercedes-Benz were deemed among the worst. Findings are based on responses about 1.3 million vehicles owned or leased by subscribers to Consumer Reports or its Web site.