GM CEO Corvette Auction

In a move that shows the generosity of the man, and also makes for good publicity, GM CEO Dan Akerson announced auctioning of his personal 1958 Chevrolet Corvette with proceeds going to Habitat for Humanity Detroit and its efforts to rebuild and revitalize the Morningside Commons neighborhood on the city’s lower east side.

His car is a unique and immaculate Regal Turquoise Corvette, powered by a 245-horsepower V-8, will be front and center at the 60th Anniversary Corvette Display at the familiar Birmingham Triangle along old and new Woodward avenues in downtown Birmingham.  More than 200 classic Corvettes spanning 1953 to present will be on display.

Auction details will be announced shortly. Interested parties can get an up-close look at the Akersons’ 1958 Corvette this weekend at the Woodward Dream Cruise sponsored by Chevrolet. So here’s a chance to own a great car and also contribute to a great cause.


“A strong America is built on strong communities, and building those communities starts with one hammer, one nail and one person – and from there it’s contagious,” Akerson said. “My wife, Karin, and I want to see this effort to rebuild our headquarters city catch on, spread out and draw scores more volunteers and millions more in contributions.

“The 1958 Corvette is a great example of American passion and ingenuity, and my hope is that the auction will help bring attention and resources to Habitat’s efforts to revitalize a historic Detroit neighborhood,” said Akerson. “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.”

“We continue to be overwhelmed by the generosity and leadership of Dan and Karin Akerson and the entire General Motors team,” said Vincent Tilford, executive director of Habitat for Humanity Detroit.  “We are extremely grateful for their ongoing commitment and support for our efforts.  Parting with a classic Detroit vehicle like this is above and beyond the call of duty.”

The 1958 Corvette included new body panels, a new instrument panel and new upholstery.  External distinguishing features included dual headlamps – a Corvette first – and twin chrome trunk spears.  In a sign of changing times 54 years ago, safety belts were factory installed for first time. Chevrolet built 9,168 Corvettes for the 1958 model year, but only 510 – just over 5 percent – were painted Regal Turquoise.

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