Blog

It’s urban legend that the term “doozie” was coined off of the Duesenberg luxury cars of the 1920, but we’re seeing a doozie of a financial problem in Auburn, IN, the home of the Duesenberg, where the Kruse auction house is going through some financial difficulties. I recall driving past the Kruse facility just offRead More

One of the most recognized line of supersized car hauler vessels in the world and one that can be seen quite often in American ports is the K Line fleet of supersized vessels. They’ll be easily distinguished from the other ships by the double stacked red containers that will be displayed across the deck of the ship.Read More

The Phoenix area is a hotbed of classic cars, as two large car auctions, the Barnett-Jackson and Russo and Steele actions are being held in Scottsdale this week; that’s going to mean a lot of auto transportation opportunities this week in the Southwest. However, the bad weather that dumped two feet of snow in Flagstaff to theRead More

Tesla Motors, the luxury electric car maker, has issued the initial registration of its IPO registration with the SEC, but while they hope to be shipping cars that don’t need any gas, their Roadster may be taking a hiatus in 2011. Back when I was teaching finance, I pointed students to the Management Discussion and Analysis sectionRead More

Toyota is facing more fallout on its recent pedal issues with significant ramifications for car haulers. Two congressional committees have started hearings on the issue and, more importantly, the National Auto Auction Association has suggested that the affected cars not be sold at auction; the largest car auctioneer, Manheim, has pulled all affected Toyotas from itsRead More