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The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. [1]
The Locost is not to be confused with the similarly named Locust which is also a Lotus Seven-inspired car. In contrast to the Locost's space frame -inspired chassis , the Locust uses a ladder chassis and a body constructed from plywood skinned with aluminium .
The original Locust kit was based on the Triumph Spitfire or Herald chassis to give the finished vehicle the look of a Lotus 7, this was quickly superseded by a all new Locust using its own developed chassis with the choice of using a Triumph Spitfire or Mk1/Mk2 Ford Escort for the donor vehicle parts to complete the car.
Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s. ... the classic-car insurance company ...
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
A 250 GTO hasn’t gone up for sale since 2018, when a 1962 model went for $48.4 million, according to the Wall Street Journal. (Just 34 of the cars were produced.) This particular vehicle has ...
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