Chinese automakers Shanghai Automotive Industry Corporation (SAIC) and Dongfeng plan to purchase General Motors, according to an article published in China’s 21st Century Business Herald.

Given GM's current market value, the Chinese government (which owns a controlling interest in both SAIC and Dongfeng) could easily afford to add the struggling U.S. corporation to its portfolio. The move would bolster the prestige of China's image-challenged auto industry while supporting Beijing's goal of enhanced economic globalization.  

How the Corvette would fit into a revamped, Sinocentric product lineup (if at all) is anyone's guess.