Chevrolet Donates $688,300 to The Dale Earnhardt Foundation

(I-Newswire) February 20, 2005 - The Dale Earnhardt Foundation is committed to carrying on Dale's legacy and the charitable causes he supported during his lifetime in the areas of education, children, the environment and wildlife preservation. Teresa Earnhardt created the foundation in 2002 and continues to be involved in its overall operations.

"We are so pleased to be able to continue Dale's vision of caring for others," said Teresa Earnhardt, president and CEO of Dale Earnhardt Incorporated. "I want to thank Chevrolet for their generous contribution and for playing an instrumental role in carrying on his legacy for years to come."

The build of the 2004 Monte Carlo Intimidator SS was limited to 4,000 units as a tribute to seven-time NASCAR champion Dale Earnhardt. The second model, a 2004 Dale Earnhardt, Jr. Signature Series Monte Carlo SS, was a salute to one of the sport's most popular and competitive drivers. A total of 2,883 Dale Earnhardt Jr. units were produced.

"We created the Earnhardt-themed Monte Carlos as a way for fans to support the sport's most legendary father-and-son racing duo," said Dewar. "We are delighted that the Signature Series Monte Carlos have also raised significant funds to benefit the charities important to Dale Earnhardt."

Both models are based on the Monte Carlo Supercharged SS coupe. Each is powered by GM's 3800 Series II supercharged V-6 engine, delivering 240 horsepower at 5200 rpm and an impressive 280 lb-ft. of torque at 3600 rpm. The vehicles were sold at select dealerships in the U.S. and Canada with a portion of the proceeds of each sale benefiting The Dale Earnhardt Foundation.

General Motors Corp. (NYSE: GM), the world's largest automaker, has been the global industry sales leader since 1931. Founded in 1908, GM today employs about 324,000 people around the world. It has manufacturing operations in 32 countries and its vehicles are sold in 200 countries. In 2004, GM sold nearly 9 million cars and trucks globally, up 4 percent and the second-highest total in the company's history. GM's global headquarters are at the GM Renaissance Center in Detroit. More information on GM can be found at www.gm.com.

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