#EconomicDownturn

According to a study in the US by leading automotive market intelligence firm Polk, the average age of cars and trucks in operation in the US today is currently some 10.8 years.

Spurred by the recent riots in London, the Germans have taken to the streets—and their target are the Mercedes, BMW, and Audi cars owned by “fat cats” that are ruining their country.

Kruse Inc., recognized as one of the pioneers in the field of collector and special interest car auctions, has had its licenses revoked in its home state. The Indiana Auctioneer Commission, recently ruled to take away both Kruse’s auctions that have allowed it to operate in the Hoosier state. To add further insult to injury, the auction house will not be able to re-apply for new licenses for at least another seven years.