Indiana State Fairgrounds to host collector car auction billed as world’s largest
Last year’s Mecum auction at Indianapolis reported gross sales of $41.7 million and drew more than 30,000 people.
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KAR Auction reports higher profit, revenue
The auction company had revenue of $445.3 million in the quarter ended Sept. 30, a 4-percent increase from same quarter of 2009. Profit tripled, to $25.6 million.
Auto auction’s new owner calls first event a success
Auctions America by RM, which bought the former Kruse Auction Park in Auburn two months ago, said more than 25,000 people attended this past weekend’s event, during which sales topped $13 million.
Upgrades planned for Auburn classic auto auction
The new owner of a long-running classic car auction in northern Indiana has announced plans to finish $1.5 million in improvements
to the facility before running its traditional Labor Day weekend sale for the first time.
Canadian company buying Kruse auto auction
A long-running classic car auction in northern Indiana will continue under a Canadian company that is taking it over from
its founder who has faced financial troubles.
Popularity of old cars indicates economic recovery
Sales of Eisenhower-era Eldorados and Kennedy-era Corvettes provide signs of hope.
Suspended Kruse hopes to keep famous auction going
Kruse’s attorney said his 69-year-old client would like to find some way to keep the annual auction alive, possibly by finding
another auction company to run this year’s event.
Gavel flies on muscle car auction
"My Name is Earl" and "Charlie's Angels" cars are among the more peculiar offerings
at the 1,750-vehicle
Mecum Auction Co. collector car sale that runs through Sunday at Indiana State Fairgrounds.
Ex-execs return to Adesa
Less than two years after being driven out of Adesa Inc. as unceremoniously as a Buick down its auction lanes, James Hallett
is back behind the wheel of the nation’s No. 2 wholesale vehicle-auction company.