General Motors has not been in a very good financial condition in the recent times. So in order to raise funds the Company has decided to auction their valuable collection at the upcoming Barrett-Jackson auction.
The automaker has decided on auctioning off 250 cars from their heritage collection. The list of the cars going under the hammer is not yet finalized. Most of the cars are from ‘80s and ‘90s, including the Hummer and GMC collection, a series of limited edition Corvettes, a 1904 Oldsmobile Touring, two Peugeot 205 Turbos, Bill Clinton’s presidential limo and a car used by the Pope in 1998.
However, they have decided not to add the more-priceless classics they’ve got in their Warren-based Heritage Center in the list. But you never know with the changing times these too may have to be auctioned.