GM CEO Dan Akerson’s 1958 Chevrolet Corvette Sells For $270k at Barrett-Jackson for charity
With an impressive track record of using historically significant vehicles to raise funds for worthy causes, it wasn’t just the General Motors who offered its very first 2014 Chevrolet Corvette Stingray at the Barrett-Jackson’s Scottsdale Auction in Arizona for charity, but also the world’s largest automaker’s Chairman and CEO Dan Akerson who offered his personal 1958 Chevrolet Corvette to raise money for Habitat for Humanity. After crossing the block at the Barrett-Jackson’s auction, the Corvette C7 got sold for $1.05 million to Nascar team owner and avid Corvette collector Rick Hendrick, and the Akerson’s hardtop convertible Regal Turquoise’ 1958 Chevy Corvette with dual headlamps, hood louvers, and twin chrome trunk spears garnered $270,000. Notably, all the proceeds from the sale will go to the Habitat for Humanity, a nonprofit, ecumenical Christian housing organization to which Mr. Akerson together with his wife Karin has already donated more than a million.
The 1958 Corvette auctioned was based on the 1st generation of the iconic American sports car, and received several equipment and visual changes, including a longer, stylish front end, a switch to quad headlights, bumper existing exhaust tips, a new steering wheel, along with a completely-new dashboard with all the necessary gauges mounted on driver’s front.
This vehicle featuring a 245hp, 4.6 Liter V8 engine is one of the 9,168 units built by Chevy, and only 510 which were painted the Regal Turquoise hue.
However, the proceeds to Habitat for Humanity specifically earmarked for the restoration of the Morningside Commons neighborhood just east of GM’s Renaissance Center world headquarters in downtown Detroit.