Auto `News: August 2010
#1
Auto `News: August 2010
Detroit making a big bet on small cars
The two biggest domestic makers are both staging significant introductions in the compact segment this year, GM with the 2011 Chevrolet Cruze, and Ford with the Focus. Full story
Paul Sancya / AP
More top auto news
Ford recalls Windstar vans over axle corrosion
Toyota recalls 1.33 million Corollas, Matrixes
Car deals of the year
Grand Cherokees investigated over fire risk
Meet Obama's point man on electric cars
Mazda, Ford to invest $350 million in Thai plant
Coming soon in Japan ... a noisier Prius
U.S. steps up scrutiny into stalling Toyotas
Rare-car show draws fans with fat wallets
Mini hopes bigger model bulks up sales
Despite IPO, GM is still a gamble for investors
GM files paperwork for initial public offering
In-depth coverage
U.S. auto sales forecasts lowered by J.D. Power
Mazda recalls cars again over steering issues
Sales stalling, Smart takes to the street
Ford, GM brands top satisfaction survey
GM to recall more than 243,000 vehicles
GM IPO filing pushed to early next week
GM reports upbeat earnings; CEO to leave
Slideshow
The big show in Motown
Automakers show off concept cars and new technologies at the North American International Auto Show in Detroit.
The Driver's Seat
More
Detroit making a big bet on small cars
New electric cars face bumpy road
X-Prize rolls down to wire after a long road
Toyota may win the battle but lose the war
Chrysler turns to Fiat to fill PT's wheels
Green Machines
More
Coming soon in Japan ... a noisier Prius
Meet Obama's point man on electric cars
Can fuel cells power the future?
The green-energy landscape keeps changing
Teams set off on global 'zero emissions' race
Oil & energy
More
Gas prices continue unusual pre-Labor Day fall
Blackstone taking Dynegy private for $542.7M
Gulf spill investigators eye undersea evidence
BP CEO: I'm a 'villain for doing the right thing'
Big Oil posts better profits on higher fuel prices
The two biggest domestic makers are both staging significant introductions in the compact segment this year, GM with the 2011 Chevrolet Cruze, and Ford with the Focus. Full story
Paul Sancya / AP
More top auto news
Ford recalls Windstar vans over axle corrosion
Toyota recalls 1.33 million Corollas, Matrixes
Car deals of the year
Grand Cherokees investigated over fire risk
Meet Obama's point man on electric cars
Mazda, Ford to invest $350 million in Thai plant
Coming soon in Japan ... a noisier Prius
U.S. steps up scrutiny into stalling Toyotas
Rare-car show draws fans with fat wallets
Mini hopes bigger model bulks up sales
Despite IPO, GM is still a gamble for investors
GM files paperwork for initial public offering
In-depth coverage
U.S. auto sales forecasts lowered by J.D. Power
Mazda recalls cars again over steering issues
Sales stalling, Smart takes to the street
Ford, GM brands top satisfaction survey
GM to recall more than 243,000 vehicles
GM IPO filing pushed to early next week
GM reports upbeat earnings; CEO to leave
Slideshow
The big show in Motown
Automakers show off concept cars and new technologies at the North American International Auto Show in Detroit.
The Driver's Seat
More
Detroit making a big bet on small cars
New electric cars face bumpy road
X-Prize rolls down to wire after a long road
Toyota may win the battle but lose the war
Chrysler turns to Fiat to fill PT's wheels
Green Machines
More
Coming soon in Japan ... a noisier Prius
Meet Obama's point man on electric cars
Can fuel cells power the future?
The green-energy landscape keeps changing
Teams set off on global 'zero emissions' race
Oil & energy
More
Gas prices continue unusual pre-Labor Day fall
Blackstone taking Dynegy private for $542.7M
Gulf spill investigators eye undersea evidence
BP CEO: I'm a 'villain for doing the right thing'
Big Oil posts better profits on higher fuel prices
Last edited by Space; 08-28-2010 at 06:19 AM.
#2
By Paul A. Eisenstein
msnbc.com contributor
updated 8/23/2010 1:51:22 PM ET
Paul Eisenstein / Paul Eisenstein
By various estimates, the 180 classic vehicles on display this year at the annual Pebble Beach Concours d’Elegance were collectively worth more than $250 million.
A crowd has formed in front of the 1934 Duesenberg — no surprise considering talk show host and uber-classic car collector Jay Leno is giving the elegant convertible a close inspection. But when Leno wanders off to check out a nearby Delahaye, everyone else stays put.
This is, after all, the annual Pebble Beach Concours d’Elegance, a place where the cars are the stars — and where a classic can command a price tag that might make even a celebrity like Leno blush.
If the Concours is any indication, the market for these rare cars has bounced back in a big way, as an auction held in conjunction with the show brought in a record take of nearly $65 million.
“The best classic car show in the world,” proclaims Leno, who’s a regular fixture at the event, which is held on a verdant expanse behind the Lodge at Pebble Beach on California's Monterey Peninsula.
As always, Leno served as one of the commentators for the event, though the lantern-jawed comedian frequently also enters a classic of his own from his vast and esoteric collection. And Leno is not alone among celebrities — fashionista Ralph Lauren and Porsche-crazed comedian Jerry Seinfeld also regularly enter cars from their collections.
The rest of the field are less likely to be known to the general public, though it takes deep pockets and serious commitment to land a car in the Concours. By various estimates, the 180 classic vehicles on display this year were collectively worth more than $250 million, and it’s not unusual to see an owner invest as much as $5 million into the restoration of a truly great vehicle with a chance to take the event’s coveted best-of-show honors.
* My mind can't even process being in the position to invest over $5 million dollars into a Restoration...WoW
And you think you spend a lot of Money $ in Mod's 4 your Monte.....Can any member lend me $5 dollars for `gas ? : )
msnbc.com contributor
updated 8/23/2010 1:51:22 PM ET
Paul Eisenstein / Paul Eisenstein
By various estimates, the 180 classic vehicles on display this year at the annual Pebble Beach Concours d’Elegance were collectively worth more than $250 million.
A crowd has formed in front of the 1934 Duesenberg — no surprise considering talk show host and uber-classic car collector Jay Leno is giving the elegant convertible a close inspection. But when Leno wanders off to check out a nearby Delahaye, everyone else stays put.
This is, after all, the annual Pebble Beach Concours d’Elegance, a place where the cars are the stars — and where a classic can command a price tag that might make even a celebrity like Leno blush.
If the Concours is any indication, the market for these rare cars has bounced back in a big way, as an auction held in conjunction with the show brought in a record take of nearly $65 million.
“The best classic car show in the world,” proclaims Leno, who’s a regular fixture at the event, which is held on a verdant expanse behind the Lodge at Pebble Beach on California's Monterey Peninsula.
As always, Leno served as one of the commentators for the event, though the lantern-jawed comedian frequently also enters a classic of his own from his vast and esoteric collection. And Leno is not alone among celebrities — fashionista Ralph Lauren and Porsche-crazed comedian Jerry Seinfeld also regularly enter cars from their collections.
The rest of the field are less likely to be known to the general public, though it takes deep pockets and serious commitment to land a car in the Concours. By various estimates, the 180 classic vehicles on display this year were collectively worth more than $250 million, and it’s not unusual to see an owner invest as much as $5 million into the restoration of a truly great vehicle with a chance to take the event’s coveted best-of-show honors.
* My mind can't even process being in the position to invest over $5 million dollars into a Restoration...WoW
And you think you spend a lot of Money $ in Mod's 4 your Monte.....Can any member lend me $5 dollars for `gas ? : )
Last edited by Space; 08-28-2010 at 05:58 AM.
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