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Parade celebrates astronauts and Corvettes

After Alan Shepard became the first American to travel into outer space in 1961, General Motors executive Ed Cole presented the astronaut with a new 1962 Chevrolet Corvette, customized with a space-age interior. Shepard had brought along his own 1957 Corvette when he reported for the space-training program in 1959. Thanks to a special lease arrangement between the space men and a Melbourne, Fla., Chevy dealership, six of the Mercury Seven astronauts were Corvette owners.

Barrett-Jackson undergoes independent audit of 2008-09 auction results

Barrett-Jackson Auction Co. is opening the books on its 2008-09 auction season for an independent review by auditors from Deloitte & Touche. The auditors will examine Barrett-Jackson's auction practices, including its consignment process, bidder qualification procedures, adherence to contract sale terms and proper, timely and accurate payment to sellers.

Who's Where: Felix Kilbertus appointed Fiat chief exterior designer

Felix Kilbertus has been appointed Fiat's chief exterior designer. Kilbertus' move sees him cross Turin, from his previous position as a lead designer at Pininfarina, to Centro Stile. In his new role he is responsible for the exterior design of Fiat-branded passenger vehicles.