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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.

2015 Hyundai Sonata gets $300 price drop

The redesigned 2015 Hyundai Sonata will start at $21,960 for the base model including destination. The Sport 2.0T trim with the turbo engine costs $29,385. That's a $300 price drop from last year's model.

Volvo City Safe means lower insurance preniums for Volvo drivers

Volvo’s City safe has reduced insurance premiums for Volvo owners Volvo are on a mission to ensure that no one dies or is seriously injured in a Volvo by 2020, and that means more and more clever technology to protect Volvo drivers from the dangers of driving. One of those technologies is Volvo’s City Safe, a low speed (up to 31mph) collision avoidance system, that uses a laser at the top of the windscreen to monitor traffic and will automatically brake the car if its senses no reaction from the driver when a collision is imminent. So good is City Safe that Thatcham – the people who set insurance groups for cars – has decided Volvos fitted with City Safe should be rated in a lower group.