Lancer 04-07 Front Bumper Retainer Rh, Upper, Plate, Steel 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.

2012 Hyundai Genesis R-Spec sedan to start at $47,350

An eight-speed transmission, a 5.0-liter V8 and 429 hp--if you guessed Audi, Mercedes-Benz or BMW, you'd be wrong. Does a sticker price of $47,350 with shipping costs give it away? That's the cost of the 2012 Hyundai Genesis R-Spec, which is on sale now.

Holden to stop making cars in Australia

Fresh from the news that General Motors (GM) will be pulling its Chevrolet brand out of mainstream markets in Europe, the automotive giant has now confirmed that its Australian subsidiary, Holden, will stop making cars Down Under by the end of 2017. It’s further bad news for GM, but even more so for the 2,900 Australian people who are set to lose their jobs as a result of the closure. And it’s a sad and disappointing end for the famous Holden marque, which can trace its history back as far as 1856.