GM to Extend Car-Saving Aid for Damaged Corvettes

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Fans of General Motors’ (NYSE:GM) iconic Corvette nameplate suffered a bit of a blow last week, when a ridiculously inconveniently placed sinkhole opened up right below a display area in the National Corvette Museum in Bowling Green, Kentucky, and took eight valuable Corvette vehicles with it. Fortunately, as it happened at around 5:30 in the morning, no one was in the exhibit when it occurred.

A light has appeared at the end of the tunnel, however, as GM announced – perhaps not unexpectedly — on Thursday that it will watch over the restoration of the classic cars affected by the incident. For those who have been following, the cars that fell into the roughy 40-foot-wide sinkhole were a 1962 black Corvette, a 1984 PPG pace car, a 1992 white Corvette that was the one millionth brand vehicle made, a 1993 ruby red 40th-anniversary Corvette, a 1993 ZR-1 Spyder on loan from General Motors, a 2001 Mallett Hammer Z06 Corvette, a 2009 white Corvette (this was the 1.5 millionth made), and the 2009 ZR1 “Blue Devil,” also on loan from General Motors.

General Motors Design in Warren, Michigan, will take care of the restoration work; GM’s head of global product development described the vehicles to CBS News as ”some of the most significant in automotive history.”

“There can only be one 1-millionth Corvette ever built,” he said to the news outlet. “We want to ensure as many of the damaged cars are restored as possible so fans from around the world can enjoy them.”

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