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Hendrick pays $1 million for first 2014 Corvette Stingray convertible

The first 2014 Chevrolet Corvette Stingray convertible sold Friday for $1 million at the Barrett-Jackson auction in Palm Beach, Fla., to car dealer and NASCAR team owner Rick Hendrick. Hendrick now has a pair of the seventh-generation Corvette after purchasing the first coupe for $1.05 million in January. Proceeds from the sale will benefit the Barbara Ann Karmanos Cancer Institute.

Chevrolet and Disney develop virtual design experience

Chevrolet designers and Disney ‘Imagineers' will offer Walt Disney World Resort guests a glimpse inside a professional design studio. After 18 months of collaboration in the fields of industrial, automotive design to architecture and animation, visitors will be immersed in a multi-sensory virtual experience. The experience gives visitors the chance to create their own designs – cars, trucks or crossovers – with some help from Chevrolet designers before test driving it on virtual track surfaces that imitate the real performance tests.

Who's Where: GM Design announces major global restructuring of design executives

GM Design has announced a major reshuffle of its global leadership team, with Mark Adams, current executive director of Global Cadillac and Buick Design and GME vice president of Design, amongst the movers. Designed to boost the emphasis of the carmaker's various brands, including Buick and Opel, the restructuring – which comes into effect on 1 September – will focus on improving joint strategies, theme development and innovation. Mark Adams will head back to Germany to take up the position as GME vice president of Design and champion for Opel/Buick brand strategies and design language.