Chevy Corvette Auction Raises Money for Smart Homes for Injured Veterans
In addition to producing a lineup of innovative and high-quality vehicles, Chevy aims to make a positive impact in the community with its charitable efforts and initiatives. Recently, Chevrolet auctioned off the final 7th-generation Chevy Corvette at the Barrett-Jackson Northeast Auction in Connecticut, with the proceeds helping raise money to build at least five smart homes for catastrophically-injured veterans and their families.
Record-Breaking Bid for Auctioned Chevy Corvette
The winning bid for the black Corvette Z06 models was a whopping 2.7 million dollars, which broke the Barrett-Jackson record for an automaker-donated vehicle. The money was donated to the Stephen Siller Tunnel to Towers Foundation. The foundation builds mortgage-free, accessible smart homes for the most catastrophically injured service members and helps pay off the mortgages for families of first responders killed in the line of duty. 85 homes have been built or are under construction to date, and this donation will allow for construction to begin on five new homes.
“What makes me proud to be a GM employee is that fact that we’ve supported the military and veterans for over 100 years. This is a great evening, but tomorrow morning we get back to work to help more service members in need.” – Steve Hill, GM U.S. Vice President of Sales, Service and Marketing
General Motors Support of Stephen Siller Tunnel to Towers Foundation
General Motors has supported the Stephen Siller Tunnel to Towers Foundation for the past five years, helping raise more than $10 million during that time. That includes $2.2 million raised last year, with $925,000 of it coming from the auction of the first production 2019 Corvette ZR1. Along with providing support to service members and honoring our nation’s military, General Motors has employed an abundance of former service members, with 60,000 veterans in its current and retired workforce.