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GM CEO Auctions Off 1958 Corvette to Help Habitat for Humanity

Just 510 Chevy Corvettes painted in the the Royal Turquoise hue were manufactured in 1958 and it was Dan Akerson's childhood dream to own one. Today Akerson is the Chairman and CEO of General Motors -- which owns Chevrolet, still the maker of the Corvette. On Friday the CEO placed his beloved mint 1958 turquoise convertible on the auction block so he could give all the proceeds to Detroit's Habitat for Humanity.

Chrysler Sales Up 30 Percent, Ford and GM Post Big Gains

U.S. auto sales remained an economic bright spot in May, with Chrysler reporting US sales up 30 percent. Meanwhile, a monthly survey of consumer confidence showed American sentiment at its highest level in four-and-a-half years, partly because gasoline prices have dropped.

Man Survives by Crawling into Trunk After Car Plunges into River

A man was incredibly lucky to be alive after his car flipped into a river near the Idaho-Washington border. The 20 year-old squeezed through the rear seats and into the trunk of his two-door Hyundai Tiburon as chill, fast-flowing waters engulfed all but 6 inches of head room, creating a life-saving air pocket.

Inventing a Second Life for the Spent Electric Car Battery

Researchers acknowledge that any rechargeable battery from an electric car will gradually lose its capacity to store energy a time. That's why a number of projects and new ventures (by Nissan and GM) are already under way to explore second-life applications for lithium-ion batteries

Hero is Jump Starting Cars Around Frigid Town for Free

His company usually sells cars in Moline, Illinois but this week they are resuscitating cars -- and they're doing it all over town for free, thanks to one employee who wants to do some good in the community. Brad McKorical, who works at 4th Ave Auto Sales, decided to post on Facebook asking if anyone needs a jump-start for their car.