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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.

VW plans to sell Polo in U.S.

Volkswagen plans to sell its Polo small car in the U.S. VW development chief Ulrich Hackenberg said the automaker plans to sell the car in the U.S. to take advantage of American buyers' increasing enthusiasm for smaller, fuel-efficient cars.

Would you buy a Chevrolet Montana?

A few weeks ago, we asked you if you would be interested in a Ford Ecosport, a compact sport utility based on the Ford Fiesta. Defying the laws of just about every scientific discipline, the Ecosport manages to fit within the footprint of a Golf. A few of you were intrigued by the Ecosport's looks and frugal engines -- and it has to be noted that the Ecosport is taking developing markets by storm.