Auto Industry News

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Archive for ‘March, 2010

2011 Chevrolet Corvette Z06 Carbon — It’s Gonna Cost You!

  • Saturday Mar 20,2010 04:14 PM
  • By Heather
  • In Chevrolet

2011 Chevrolet Corvette Z06 Carbon

If you are looking and have been pining for the brand new 2011 Chevrolet Corvette Z06 Carbon – well, it is actually tradition for a lot of the automakers to actually auction off the very first model of a car and that is what is happening to this car, in Palm Beach in April.  The winner of this car?  Well, they will be the first ones to get it in the world!

It actually includes everything that you see here and it is actually a pretty nice car – however, you will be paying for it.  The 2011 Chevrolet Corvette Z06 Carbon is made completely of carbon fiber and I can tell you for sure that this car is going to go for quite a bit of money.  The first corvette ZR1 went for actually over a million dollars.

So personally, I think that the 2011 Chevrolet Corvette Z06 Carbon will top out at around two million!

General Motors Makes Another 1B Payment!

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If you have been paying attention to the news lately, then you probably know that GM last year was down the toilet and they actually had to take out a loan from the U.S government.  Well, I can tell you for sure that, that loan was just that a … loan and the government is expecting payment and GM is coming through!

Payments are being made constantly and with the first quarter of the year coming to a close, GM is paying $192 million to Canada and of course one billion back to the United States.  Another installment should be given on March 31st as well.

Personally, I think that GM is doing something good right now. They are getting things done and making up for their debts.