October 3, 2012 |
Here's an example of just how hot the collector car market has become this year. Santa Monica auction house Gooding & Co. has completed its 2012 auction season and reported sales of $189.6 million, an average of $640,635 for each of the 296 cars sold. The total is 44% higher than last year's results, which also included 296 cars. The auction house said the increase demonstrates the rising demand for collector cars as well as the selection of coveted vehicles compiled by Gooding this year.
May 15, 2012 |
Thomas V. McKernan, chief executive of the Automobile Club of Southern California, has retired after serving 46 years with the organization, including 21 in the top post. He was succeeded by Robert Bouttier, who previously was the club's president and chief operating officer. McKernan started out as a customer service representative in the Pasadena branch in 1966 and worked his way up the corporate ladder, serving as a computer programmer and chief financial officer before his appointment as CEO in 1991.
April 11, 2012 |
If you are planning to sell or trade in a used car, the next couple of months might be the most optimum time. Prices of late-model used cars are expected to peak for the year over the next six weeks or so, according to analysts at the National Automobile Dealers Assn. Used Car Guide. That's because auto dealers are trying to stock up on their used-car inventory for the busy spring and summer seasons and there is a shortage of good used cars, an echo effect of the recession.
February 27, 2012
Re "What to do about $4 gas," Editorial, Feb. 23 Who wrote this editorial? Not someone who lives in Upland but works in Irvine. Not someone who is an outside sales representative and needs to visits clients. Not someone who is keeping his old car because he cannot afford a car payment. How could someone live in Los Angeles and say that if you are not able to afford an expensive electric car, you can ride public transportation? In Los Angeles, what percentage of the workforce lives close to a public transportation line that will take them to work without any transfers?
CALIFORNIA | LOCAL
December 23, 2011 |
John Chamberlain, a prolific American sculptor whose use of crushed automobile sheet metal became his signature during a career that spanned half a century, died Wednesday in New York City. He was 84. Reportedly in poor health, he had been working on a retrospective exhibition scheduled to open Feb. 24 at the Solomon R. Guggenheim Museum, his second at the Manhattan institution. The artist's death was announced by his wife, Prudence Fairweather, although no cause was given.
CALIFORNIA | LOCAL
December 4, 2011 |
Louis Borick, the founder and longtime chairman of Van Nuys-headquartered Superior Industries International, one of the world's largest manufacturers of aluminum wheels for the automotive industry, has died. He was 87. Borick died of natural causes Monday, two days before his 88th birthday, at his home in Beverly Hills, said his son, Steven. A onetime used-car salesman who sold his half of a business that made clear plastic seat covers in St. Paul, Minn., before moving to Encino in 1956, Borick founded Superior Industries in a 4,000-square-foot plant in North Hollywood a year later.