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The market began in the 1970s when used Ferraris were exported to Italian exotic car dealers in the United States who were willing to buy every vehicle which they were offered. During the 1973 oil crisis (when prices of exotic cars plummeted rapidly), almost new and top-of-range models frequented in used car lots, a Lamborghini Miura could be ...
The U.S. company began distributing Mitsubishis as Chrysler-, Dodge-, and Plymouth-branded captive imports (e.g. Dodge Colt), a successful venture as the compact cars met consumer demand for smaller and more fuel-efficient vehicles in the 1970s, filling a gap at the bottom of the Chrysler group's range. [4]
The Great Depression put many luxury car manufacturers out of business; others would hold on before going defunct during the postwar era. [citation needed] [44] [45] 1969 Cadillac Fleetwood Eldorado coupe. From 1946 until the late 1990s, Cadillac was the top-selling brand of luxury cars in the U.S., while Lincoln was second. [46]
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