GM Announces that All Proceeds from Auction of Limited Edition 2008 Chevrolet Corvette will go Towards Haitian Relief Effort

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Jan 21, 2010, 12:11 ET

SCOTTSDALE, Ariz., Jan. 21 /PRNewswire/ -- General Motors today announced that 100-percent of the proceeds from the auction of a limited edition 2008 Chevrolet Corvette at this weekend's 39th annual Barrett-Jackson Collector Car Auction will be donated to the American Red Cross relief fund to help earthquake-stricken Haiti.

The proceeds from the auction of the limited edition 2008 Chevrolet Corvette is in addition to the GM Foundation's recent contribution of $100,000 to the American Red Cross for relief efforts in Haiti.

"This is a very good example of the compassion GM employees have," said Ed Welburn, Vice President of GM Design. Mr. Welburn will call the vehicle to the stage to start the bidding process at the event.

The limited edition 2008 Chevrolet Corvette was the last of 427 cars built specifically for North America and the only 2008 Z06 available in Crystal Red Metallic Tint Coat. Sporting a 7.0L V8 engine with 505 hp, the Corvette contains spider design chrome Z06 wheels, Z06 plates, a Stinger-style stripe on the front hood and fascia, chrome exterior badges and a painted Z06 spoiler and body color door handles. Inside, the Corvette contains a Dark Titanium leather-wrapped interior and special Crystal Red center trim plate.

All 427 of the limited edition Corvettes were signed and numbered in the center console area by Will Cooksey, the Corvette plant manager who retired in 2006 after 15 years running the plant. The Corvette also features "427" hood badges and engine cover emblems and "427" seat and floor mat embroidery.

The Corvette is Lot #1318 and will be auctioned the evening of Saturday, January 23 at the Barrett-Jackson event in Scottsdale, Ariz.

About General Motors: General Motors, one of the world's largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 204,000 people in every major region of the world and does business in some 140 countries. GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Opel, Vauxhall and Wuling. GM's largest national market is the United States, followed by China, Brazil, Germany, the United Kingdom, Canada, and Italy. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. General Motors acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation. More information on the new General Motors can be found at www.gm.com.

SOURCE General Motors