Auto News

AutoGuide News Blog

The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Apr 28 2011, 8:45 PM

It’s a little rough around the edges, but this Futurliner bus represents the essence of a bygone era, specifically GM’s Parade of Progress, which during the 1940s and ’50s traveled across the country demonstrating the latest in the General’s automotive technology to consumers.

GM originally built 12 of these buses, which were 33 feet long, 11 feet high and rode on double tires at all four corners. Styling mimicked period locomotives and was designed to capture the essence of speed and streamlining, which was perceived as cutting edge at the time.

Eight of the original 12 Futurliners are known to still exist today and this one is being offered for sale by Auctions America on behalf of noted GM Motorarama car collector Joe Bortz. The bus is likely to fetch between $450,000 and $650,000 when it crosses the block at the Auburn Auction Park during the May 12-14 weekend.

“These Futurliner buses represent the largest artifacts remaining from GM’s great Motorama era and hold a significant place in American automotive history,” said Bortz

[Source: Auctions America]

 |  Jul 14 2010, 2:33 PM

Rob Myers, founder of RM auctions, recently announced that a subsidiary of his company, Auctions America by RM had purchased the 235 acre Auburn Auction Park, previously owned by Kruse Inc. Kruse has experienced financial difficulty in recent months and had it’s auction licenses suspended in its home state of Indiana. The purchase of the auction park divests Kruse of any interest in the park, but Auctions America by RM has stated that it will put on an auction alongside the Auburn-Cord-Dusenberg festival, which has been a staple of the park for 40 years.

The purchase is also significant, because the 1974 running of the  A-C-D festival represented the very first time that Myers himself attended a collector car auction. “All of us within the RM group of companies are very excited to take on these new opportunities and we look forward to upgrading the auction park and continuing to serve our clients,” he stated.

For information on the acquisition of the park click on the video link below of watch the video:

[Source: RM Auctions]

Continue Reading…