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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.

L'argus European Design Competition 2004 winners announced

With its 3rd design competition, French automotive magazine L'argus de l'automobile challenged design students in the European Union to express their creativity on the theme 'Imagine the convertible commercial vehicle'. With a total of 350 designs submitted, the competition was a resounding success, confirming the interest design schools and their students are taking in this forward-looking competition. Starting out from a light commercial vehicle, the candidates had to propose changes adapted to the specific needs of their user: their basic vehicle could for example be transformed into a helicopter for delivery services, into a work platform for engineers, into a workshop for joiners.

Jaguar Land Rover reveals best ever sales

Jaguar Land Rover has announced it sold 425,006 vehicles in 2013 – a 19% rise on 2012, making it the firm’s best-ever year for global sales. Land Rover itself set another record, with 348,338 retail sales resulting in a 15% boost on 2012. For Jaguar, 76,668 sales made 2013 the division’s best year since 2005 – and was a 42% rise on 2012.