Chevy
late 18th century: probably from the ballad Chevy Chase, celebrating a skirmish (probably the battle of Otterburn, 1388) on the Scottish border. Originally a noun denoting a hunting cry, the term later meant ‘a pursuit’, hence the verb ‘to chase, worry’ (mid 19th century).
wiktionary
The noun is probably derived from the title of The Ballad of Chevy Chase, first published in The Complaynt of Scotland (1549); the ballad is about a hunt taking place on a chase(“large country estate where game may be hunted”) in the Cheviot Hills between Northumberland and the Scottish Borders, and is thought to allude to the Battle of Otterburn in 1388. [1]
The verb is derived from the noun. [2]
etymonline
Chevy (n.)
by 1938, popular form of Chevrolet, U.S. automobile brand, which was founded by Louis Chevrolet and William Durant in 1911; acquired by General Motors in 1917.