$KAR Wednesday, KAR Auction Services Inc. (NYSE:KAR) was reiterated as Buy and its price target was raised to 20 from 15 at SunTrust, noting that its Top-line and profitability activity levels are rebounding faster than expected. HeffX-LTN’s overall technical outlook for KAR is Bullish with a Very Bullish bias, as it broke out of the […]
The Scottsdale auctions are the 1st of the season in the collector car world and offer a gauge of where the market will head in 2020. “You know, there certainly are gonna be records in segments,” Gooding says. Gooding sales at last year’s Scottsdale auction totaled $48.2-M, a bit less than the $49-M sold the […]
The following cars top the list of featured Lots to watch at the upcoming Pebble Beach Auctions presented by Gooding & Company. 1935 Duesenberg SSJ The Ultimate Model J Duesenberg; One of Only Two SSJs Built Special Short-Wheelbase Chassis and Supercharged, Twin-Carb Engine Sporting Open Coachwork Designed by J. Herbert Newport Jr. Originally Delivered to […]
The Million-Dollar Blue Diamond on Auction in Beverly Hills Blue diamonds are one of the hottest gems in the auction market, with the previous year’s world record smashing gems fetching millions of dollars at the hammer. Of all the diamonds auctioned in Y 2016, the 2 Toppers were blue diamonds. The unusual cut, 14.62 carat […]
Ferrari Leads the Auction Line Up At Monterey Car Week This week the center of the classic and vintage car world is Carmel, California Monterey Car Week and Key attraction, the Pebble Beach Concours d’Elegance, attracts a special breed of car collector who will not hesitate to spend millions of dollars on a vintage or […]
Classic Car Week Begins on the Monterey Peninsula Monterey Classic Car Week had its unofficial “kickoff” Friday night with classic race cars being exhibited on Alvarado Street in downtown Monterey. This weekend Mazda Raceway Laguna Seca is hosting more than 300 race cars competing prior to next weekend’s Rolex Monterey Motorsports Reunion. But then the […]