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Barrett-Jackson to auction commemorative Z06 Corvette for museum fundraiser

In honor of the Chevrolet Corvette's inaugural appearance and victory at the 24 Hours of Le Mans some 50 years ago, Chevrolet built a special 2011 Corvette Z06 wearing the same paint scheme--Arctic White paint, blue stripes and the number "3"--to pay tribute to the class-winning 1960 Cunningham Corvette. Chevrolet and the General Motors Design Center built and added several special one-off features for this car, which has vehicle identification number 001: -- Competition Gray headlamps, mirrors and wheels -- Special 50th-anniversary of Le Mans racing logos -- Blue brake calipers -- Z07 performance package with Brembo carbon-ceramic brakes -- 19-inch front/20-inch rear 20-spoke Competition Gray wheels with Michelin PS2 tires -- Magnetic Selective Ride Control -- Black carbon-fiber front splitter and rockers -- ZR1-style rear spoiler -- Ebony leather-wrapped interior with Competition Gray trim -- Carbon-fiber fenders and floor panels Corvette Racing fans will recognize the special-edition Z06 as a participant in the Legends of Le Mans event at Laguna Seca in 2010. Driven by Corvette Racing legend Ron Fellows, the Z06 was accompanied by the 1960 Cunningham, the 1967 Bondurant/Guldstrand, the 1973 BF Goodrich and the C6.R GT2 Corvettes for a parade lap on the track.

Big news on GM's big SUVs

Good news and bad news for General Motors' large cash cows, the full-sized SUVs. The bad news: The massive sport-ute market has shrunk roughly in half to around 300,000 a year. The good news for GM: This drove some competitors either out of market or into the near-niche category, leaving the new-for-2015 Chevrolet Tahoe and Suburban, the GMC Yukon and Denali, and Cadillac Escalade with a big share of this very profitable segment.

Ford announces new Silicon Valley research laboratory

Ford has announced plans to open a new R&D center in California's Silicon Valley with a view to creating a hub for collaborative technology projects. With neighbors including Google, Microsoft, facebook, Apple and Stanford University, it's certainly setting up shop in the right part of town. Its location also connects Ford's Advanced Design Studio in Irvine, CA and Ford employees working with connectivity platform partner Microsoft Corp.