My Car Worth » investors

Studebaker Motor Company resuscitated, looking for investors

Rocky — Fri, 03 Feb 2012 13:02:09 +0000

Filed under: Classics, Earnings/Financials

The annals of automotive history are filled with nameplates that weren’t quite able to survive the boom and bust nature of the business, especially here in the United States. One of the most successful orphaned automakers was Studebaker, remembered fondly for such design gems as the bullet-nosed post-World War II Starlight and trend-setting fiberglass-bodied Avanti.

Sadly, Studebaker officially ceased producing automobiles in 1966, though a small portion of its legacy lives today in the form of the ex-Kaiser AM General. But if a Colorado-based business has its way, the Studebaker name will once again appear on vehicles sold in America. Somehow, we’re far from convinced any of its conceptual designs will ever see the light of day.

Looking over the proposed revival, we see a range of so-called Studebaker cars, trucks, motorcycles and scooters. Half the motorcycles are actually Hyosung models from Korea with Studebaker scripting on the fuel tanks, and the other half are nothing but poor renderings. As for the cars, well… there isn’t a single shred of Studebaker DNA in any of them. In any case, the company is reportedly looking for “qualified investor/partners”. We wish them the best of luck… they’re gonna need it.

Studebaker Motor Company resuscitated, looking for investors originally appeared on Autoblog on Fri, 03 Feb 2012 08:00:00 EST. Please see our terms for use of feeds.

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Ford’s union deal could help investors too

Rocky — Wed, 05 Oct 2011 13:19:18 +0000

Ford is billing its tentative new contract with its union as a significant step forward in its bid for competitiveness — and CEO Mulally’s goal of rebuilding the carmaker’s credit rating.

msnbc.com: Autos

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Robb Report to host live webcast for Ferrari collectors and investors

Rocky — Tue, 01 Feb 2011 17:29:19 +0000

Filed under: Classics, Performance, Earnings/Financials, Ferrari, Luxury

Collecting classic cars is a hobby most of us just can’t afford to enjoy to the extent we might like. For those few well-to-do men and women who do have the means, however, a little advice and inside information from an expert certainly couldn’t hurt.

If you happen to fall into that particular group, here’s a date for your diamond-encrusted rolodex: on February 17th at 9 p.m. EST, Robb Report automotive consultant Robert Ross will host a live webcast featuring “acclaimed enthusiast and collector Bruce Meyer, world-renowned restorer and concours judge, Gary Bobileff of Bobileff Motorcar Company, and David Gooding, President and founder of leading collector car auction house Gooding & Company.”

The topic? “An insider’s look at the latest developments within the international collector car investing world,” with an emphasis on classic Ferrari automobiles. If you’re interested in joining in on the fun, click here for all the details.

[Source: Robb Report]

Robb Report to host live webcast for Ferrari collectors and investors originally appeared on Autoblog on Tue, 01 Feb 2011 08:00:00 EST. Please see our terms for use of feeds.

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GM offering may leave out many small investors

Rocky — Thu, 18 Nov 2010 09:28:45 +0000

When General Motors finally offers stock to the public on Thursday, small investors will probably be left out.

msnbc.com: Autos

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GM hopes investors buy turnaround story

Rocky — Wed, 10 Nov 2010 21:23:18 +0000

Forget last week’s midterm elections. Perhaps the biggest ballot of the year will be held next week when GM asks investors to invest billion in its IPO.

msnbc.com: Autos

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