Barrett-Jackson 2020

First production 2020 Chevrolet Corvette Stingray sells for $3 million

2020 Corvette Stingray VIN 0001 was auction for $3 million at Barrett-Jackson to benefit the Detroit Children's Fund.

Photo courtesy of Chevrolet

Rick Hendrick, founder and CEO of Hendrick Companies, placed the winning bid for the 2020 Chevrolet Corvette Stingray VIN 0001 at the Barrett-Jackson Scottsdale Auction tonight. All proceeds from the sale benefit the Detroit Children's Fund, a nonprofit focused on high-potential investments to provide Detroit school children the opportunity to receive an excellent education.

"I am the number one Corvette junkie in the world," said Hendrick. "Thanks to Chevrolet and Barrett-Jackson, because they always pick charities that are so good and help so many people."

Rick Hendrick won the 2020 Corvette Stingray VIN 0001 at the annual Barrett-Jackson auction.Photo courtesy of Chevrolet

The model Hendrick won is the first retail production of the new, next-gen mid-engine Chevy Corvette. He will receive a black-on-black Corvette 3LT model that is fully loaded with all options boxes checked. It is scheduled to be built in the first quarter of 2020.

The car gets 495 horsepower and 470 pound-feet of torque from its 6.2-liter eight-cylinder engine. The engine is paired with an eight-speed automatic transmission. Its 3LT package includes black seats with red trim, red seat belts, GT2 seats, removable roof panel, rear spoiler, Performance Data Recorder and the Z51 performance package.

The winning bidder has the option to taking delivery of the car at the Corvette plant in Bowling Green, KY, with a hosted tour of the Corvette Museum. The new Corvette also will come with a letter of authenticity and some unique artwork.

"All children deserve great schools," said Jack Elsey, executive direction, Detroit Children's Fund. "The proceeds from this auction will help improve public education in Detroit and, as a result, give thousands of young Detroiters a brighter future. We cannot thank General Motors enough for their commitment to DCF and the children of Detroit."

Corvette coupe production will begin at GM's Bowling Green Assembly Plant in Kentucky in early February, with customer deliveries slated to begin before the end of February.

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Chevy has offered the regular cab short bed configuration in global markets for years.

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The pickup truckhas been the vehicle of choice for working people for decades, but they've become rolling luxury lounges in recent years. A new full-size American truck can be decked out with as many tech and luxury features as a German luxury sedan, but there's hope for people who love basic trucks. Chevrolet confirmed to The Drive that it will begin offering a regular cab, short bed version of the Silverado 1500, and it'll be one of the purest pickups on sale when it arrives.

The configuration was popular in the 1970s and 1980s, when GM's square body trucks were rolling off the production lines by the thousands. A small but dedicated of enthusiasts have kept hope alive in places such as Reddit's r/rcsb (regular cab, short bed). According to reporting from The Drive, Chevy will soon offer buyers two bed lengths for their regular cab Silverado. There's a catch, though. The short bed will only be available for the WT (Work Truck) trim, so opting for the combo means you're also opting for features like cloth seats, a barebones stereo, and plastic flooring with no mats.

2022 Chevrolet Silverado LT Even the most basic non-WT Silverado is quite nice. Chevrolet

The upside here is that there are fewer things to break and you'll still have a choice of three engines, but you'll miss out on all of the great updates that Chevy gave most Silverado models for 2022. That means no refreshed interior with neat new tech and no off-road features. You really have to want the short bed to opt for the basic WT, and though you'll have a cool, rare truck, you'll also likely miss many features that even a lower trim regular Silverado gets.

Chevy hasn't released pricing for the shortbed WT yet, but looking at the rest of the trim lineup, it should carry a price tag of around $30,000 when it hits the market.

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Chevy confirmed the new Z06 with 670 horsepower.

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After years of speculation, Chevy announced the mid-engine eighth-generation Corvette for the 2020 model year. Almost immediately, a new round of rumors took off around the potential for an even higher performance Z06 model. Chevy finally confirmed the car yesterday with a design and specs that improve on the standard Corvette in almost every way.

2023 Chevrolet Corvette Z06 The new LT6 V8 features a flat-plane crank and an 8,600 rpm redline.Chevrolet

The star of the show is the new 5.5-liter flat-plane crank LT6 V8. The mill churns out an unbelievable 670 horsepower and 460 pound-feet of torque, and can rev all the way out to 8,600 rpm. Power numbers aside, the sky-high redline lets the engine wail and scream in a way that we've not heard outside of Corvette racing cars. The hand-assembled engines are paired with a single technician through the build process and each unit carries a plaque with the builder's name.

To differentiate the Z06 from "normal" Corvettes, Chevy gave the car unique front and rear fascias, 20-inch front/21-inch rear wheels, and a configurable rear spoiler designed to improve high-speed stability. The Z06 is available with lightweight carbon wheels designed to reduce unsprung weight. The car itself is 9.4 centimeters wider than the Corvette Stingray to accommodate larger wheel sizes and incorporate larger cooling air vents on the side.

2023 Chevrolet Corvette Z06 The Z06's interior features many upgrades over the standard car.Chevrolet

As a more track-focused Corvette, the Z06 comes with tech to improve performance and record drives. When in track mode, the Z06's Performance Traction Management system is activated, which offers five levels of torque reduction and brake intervention, and an electronic limited slip differential helps keep the rear planted.

Inside, the Z06 improves on the Stingray's cabin with seven interior color choices, three seat options, six seatbelt designs, and two interior carbon fiber trim packages. Chevy says that the car's interior has a bespoke and upscale feel that sets it apart from the standard Corvette, which itself already had a gorgeous cabin.

2023 Chevrolet Corvette Z06 The Z06 is wider than the Stingray to accommodate larger wheels and bodywork.Chevrolet

The 2023 Chevrolet Corvette Z06 will be built at the automaker's Bowling Green Assembly plant in Kentucky. Chevy will build the cars in both left- and right-hand drive configurations when production kicks off in summer 2022.

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