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RM prepares for first auction at former Kruse site

It's been a little less than a month since RM Auctions purchased Kruse's Auburn park and formed Auctions America by RM. Since then, the new RM subsidiary has been busy preparing for its first Auburn Fall Collector Car Auction, Sept. 1-5, a successor to Kruse's long-running Labor Day sale.

UK car production hits six-year high

The British car industry continued to boom in 2013, with production topping the 1.5 million unit barrier thanks to a resurgent Toyota, Jaguar and Land Rover. It means that last year, a car was built in the UK every 20 seconds! 20 reasons why the British car industry is booming UK car sales reach six-year high 1,509,762 cars produced was a 3.1% rise on 2013 – and, in further good news for Britain, it was revealed that 79.6% of them, or 1,201,395 cars, were exported to overseas markets.

SCARCITY OF ECO CARS KEEPS VALUES HIGH

ACCORDING to the latest AA Fuel Price Index, petrol prices rose in January by the biggest amount in recent times. Although there is considerable Government lobbying to slow down fuel price rises, there appears to be no immediate respite for private motorists. With this continued pressure on family finances, leading vehicle auction company, British Car Auctions (BCA) is seeing a significant increase in buyers seeking the most fuel efficient vehicles which, in turn, is pushing up prices at auction.