Saturday, 17 January 2015

First 2015 Corvette Z06 Convertible Nets $800K at Barrett-Jackson

First 2015 Corvette Z06 Convertible Nets $800K at Barrett-Jackson


First 2015 Corvette Z06 Convertible Nets $800K at Barrett-Jackson

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The first production Chevrolet Corvette Z06 convertible has sold for $800,000 at the Barrett-Jackson auction in Arizona.

To little surprise, the winning bidder was Rick Hendrick who has become notorious for purchasing many of Chevrolet's first production vehicles. Present at the auction was Bowling Green Assembly Plant Manager Jeff Lamarche and Corvette Racing ambassador Ron Fellows who offered a three-day Performance Driving Course from his school at Spring Mountain Motorsports Ranch and Country Club.

SEE ALSO: 2015 Chevrolet Corvette Z06 Review

In total, Hendrick has managed to purchase every first new Corvette C7 model that has crossed the auction block including the first Stingray coupe, first Stingray convertible, first Z06 coupe and now the first Z06 convertible. The previous three cars that Hendrick purchased were all black with red interior and since the Z06 convertible was built prior to heading to auction, the American automaker did so with the same color scheme assuming that Hendrick would be the winning bidder.

Proceeds from the auction will go to benefit the United Way of Michigan.

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Discuss this story at our Chevrolet Corvette Z06 forum

AutoGuide Delivers 2015 Truck of the Year Award

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The best new truck of 2015 is the all-new Ford F-150.

Back in December we announced that the 2015 AutoGuide.com Truck of the Year was the F-150 and this week at the Detroit Auto Show we handed over our new award to the folks at Ford.

News Editor and AutoGuide truck expert Stephen Elmer (left) and AutoGuide Group Editorial Director Colum Wood (right) were on hand to deliver the TOTY award to Ford Truck Group marketing manager Doug Scott.

SEE ALSO: Top 5 Trucks of the Detroit Auto Show

One of few outlets to do so, AutoGuide.com's Truck of the Year award is the result of extensive testing, including payload, towing as well as both on- and off-road performance.

The 2015 Ford F-150 beat out the GMC Sierra Denali HD 3500, the Ram 2500 Power Wagon and the GMC Canyon to win this year's AutoGuide.com Truck of the Year award.

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AutoGuide 2015 Truck of the Year Part 1

AutoGudie 2015 Truck of the Year Part 2

First Shelby GT350R Crossing Auction Block

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Ford has donated the first production Shelby GT350R to the Barrett-Jackson Scottsdale auction.

Sporting VIN#001, the Ford Shelby GT350R will cross the auction block on Saturday and the winning bidder will be able to choose from available colors and packages for the new sports car. All benefits from the auction will go to the Juvenile Diabetes Research Foundation (JDRF) and the Shelby GT350R will be sold at no reserve. In addition, to make the car even more special, team members involved in the design and development of the GT350R will sign the car in appreciation of the donations to JDRF.

SEE ALSO: Ford Shelby GT350R is Most Track Capable Mustang Ever

The Ford Shelby GT350R made its debut at the 2015 Detroit Auto Show sporting a 5.2-liter flat-plane V8 engine churning over 500 hp and 400 lb-ft of torque. It will be produced in limited quantities and will be available in dealerships later this year.

"The Shelby GT350R is a world-class car, the best performing Mustang that we have ever built," said Raj Nair, Ford Group Vice President, Global Product Development. "We are thrilled to donate the first retail production Shelby GT350R to JDRF for auction.  When this car crosses the auction block it should raise a tremendous amount of money for a great charity."

GALLERY: 2016 Ford Shelby GT350R Mustang Additional Live Photos

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GALLERY: 2016 Ford Shelby GT350R Mustang Live Photos

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GALLERY: 2016 Ford Shelby GT350R Mustang Official Photos

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Discuss this story on our Ford Mustang forum

Scion iQ Axed

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Toyota is dropping the Scion iQ from its lineup. 

The iQ had a major decline in sales last year, dropping by 50 percent year-over-year. When asked about the fate of the car, Scion brand chief Doug Murtha said it won't be "staying in the lineup too much longer."

Murtha says that the iQ was a "healthy experiment" for the brand, but it did not sell based mainly on its compact size and price tag. Even though the car earned four-star crash ratings and had 11 airbags, "physics are physics, and they're nervous about driving a vehicle that size," said Murtha.

Carrying a $16,435 base price, the iQ sold for a little less than the larger Scion xD but it cost about $1,600 more than the Yaris. And even though it was rated at 37 mpg combined, Murtha says that customers expected something closer to 60 mpg thanks to the car's tiny proportions.

SEE ALSO: Scion iM, Sedan Confirmed for New York Debut

Scion sales slid overall last year by 15 percent to 58,009 units, a situation which the brand plans to combat by introducing three new models in the next three years. At the upcoming 2015 New York Auto Show, Scion will show the production version of the iM, a small hatchback, alongside a new sedan model.

[Source: Automotive News]

 Discuss this story at our Scion iQ Forum

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