Chevy SSR VIN 2 Auctioned on eBay Achieves Winning Bid of Over $137,000 to Benefit SAE Foundation

Owner of Columbus, Ohio, Chevy Dealership Secures Winning Bid

WARRENDALE, Pa., May 13 -- Vehicle Identification Number (VIN) 2 of the Chevy SSR was auctioned for charity on eBay. The auction closed on Monday, May 5, 2003. Bob McDorman of Bob McDorman Chevrolet in Canal Winchester, Ohio, waited until the last two minutes of the auction to place two bids, one of which was the winning bid of $137,850.

The auctioned Chevy SSR is one of 25 Signature Series SSRs recently announced by General Motors. This highly collectible vehicle contains Signature Series features not found on any other 2003 SSR.

In addition to being the lowest vehicle identification number sold to the public, VIN #2 carries a signature badge containing five signatures. The five signatures are those of the following individuals: Rick Wagoner, President & CEO, General Motors; Bob Lutz, GM Vice Chairman of Product Development and Chairman of GM North America; Gary Cowger, GM Group Vice President and President of GM North America; Wayne Cherry, Vice President for Design, General Motors; and David Treadwell, Director, ASC Incorporated.

General Motors announced in May 2002 that it would donate to the SAE Foundation the second SSR built. The SAE Foundation in turn announced that the vehicle would be auctioned on eBay with proceeds used to provide funding for the Heinz C. Prechter Award for Automotive Excellence which will benefit students at the collegiate level. The award was established in memory of the late Prechter who founded ASC Incorporated, a global specialty vehicle and systems company. The Chevy SSR was among the last specialty vehicles with which Prechter was involved before his July 2001 death.

About the SAE Foundation

Since 1986, the SAE Foundation has not only supported, but also nurtured students' enthusiasm for science and technology education. Through award winning K-12 Educational Programs (A World In Motion), dynamic Collegiate Design Series competitions, and numerous Scholarship and Award Programs, the SAE Foundation builds bridges between corporations and classrooms by giving engineers, school teachers, and students the opportunity to work together and learn from each other.

For more information, visit www.sae.org/foundation.