China Cultivates Taste for German Cars
As Chinese Drivers Snap Up Germany's Luxury Exports, Berlin Frets That Its Economy Rides Too Much on One Customer
By VANESSA FUHRMANS
Germany's resurgent export economy is presenting the country's policy makers with a new worry—a growing reliance on China.
Germany's economy expanded at an annualized 9% rate in the second quarter, its strongest pace in more than 25 years. ...
Showing posts with label Cars. Show all posts
Showing posts with label Cars. Show all posts
Thursday, August 19, 2010
Tuesday, November 10, 2009
Cars: Classic Car Market on Bumpy Road - CNBC
Owning a classic car is often a childhood dream and in May this year the highest price ever was reached at an auction for a classic car: 9 million euros ($12.2 million) for a 1957 Ferrari Testa Rossa. ...
Monday, August 31, 2009
Vintage Cars: Wheels of Fortune or Road To Ruin? - CNBC
Looking for a way to justify blowing $100,000 on a red 1967 435-hp Corvette with special three-deuce holly? Say it's an investment.
"With 20-20 hindsight, if I had known eighteen months ago that my 401(k) was going down the toilet, I would have taken that money and invested in vintage cars," says David Schultz, a board member at the Classic Car Club of America. ...
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