GM CEO Dan Akerson and his 1958 Chevrolet Corvette that will be sold for charityEnlarge Photo
A 1958 Chevrolet Corvette finished in Regal Turquoise will be auctioned off for charity, with all proceeds going to aid Habitat for Humanity Detroit, a nonprofit organization aimed at providing housing for low-income families in the Detroit area.
The car is owned by none other than GM chairman and CEO Dan Akerson, who is selling it to help fund Habitat for Humanity Detroit’s revitalization project of the Morningside Commons neighborhood on Detroit’s lower east side. Note, this is on top of a previous $1 million donation made to the cause by Akerson and his wife, Karin, back in February.
At the announcement of the auction Akerson said, “I love this Corvette, and if putting it on the block can help rebuild the heart and soul of a neighborhood, I am all for it.”
The 1958 Corvette is based on the first-generation of the iconic American sports car launched back in 1953, however, it features a different body, recognizable by its scalloped sides and quad-headlight design. Powering the car is a small-block V-8 rated at 245 horsepower.