The Economics of Classic Cars

Cars have always been considered a bad investment and you will always lose money on buying a new car. So why might investors flock to cars to make a long term profit?

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Dieselgate, Two Years on, Volkswagen Still in Trouble

On September 18, 2015 the U.S Environmental Protection Agency (EPA) found and reported that the Volkswagen Auto Group was in violation of the Clean Air Act that went into effect in 1963. The world’s largest automotive manufacturer includes the brands of Audi, Volkswagen, Bentley, Lamborghini, Bugatti, Porsche, and six more brands. Over the course of…

How 17 Million Cars Make it to the Consumer Every Year

Since the “Great Recession” in 2008 when the US congress voted to bail out the automotive industry,  $79.7 billion in total, the U.S. automotive industry has experienced a resounding comeback. In 2015 the big three (Ford, General Motors, and Chrysler) broke their all-time record for sales, Selling a total of 17.5 million units which surpassed…