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IMPORTANT: Bing News RSS feed has moved!France's biggest commercial show for classic cars. Investors are looking to rare cars as an alternative to volatile financial markets. The show is luring collectors with an exhibition that includes a Bugatti, said to be the world's most expensive car and ... Read moreParis has classic car lovers in a spinBut such assets can be a useful diversification. Dietrich Hatlapa, who worked in finance for 20 years before launching the HAGI index, said: "We've discovered that classic cars move independently to any other investment area. That's an attractive attribute ... Read moreClassic cars – a viable alternative investment?In 2011, Swinton saw a rise in motor insurance policies being purchased for vehicles between the ages of 10 and 17 years old. The increase ... can not afford to pay for new cars in full or they do not want to be tied into finance deal. Read moreSwinton Estimates the Average Age of the Nation's 'Old Bangers'Investors are looking to rare autos as an alternative to volatile financial markets. Still, the Paris auctions saw few lots sell above valuations, suggesting that the market for more routine classics remains highly selective. Collectible cars ... Read moreVadim’s Ferrari 250 GT Sells for $5.8 Million in Paris AuctionBRASILIA, Brazil — Brazil may end a decade-old automotive trade pact with Mexico and start charging tariffs on cars imported from that country as it battles a growing trade deficit in the sector, the government and local media said Thursday. Read moreBrazil may break car agreement with MexicoFord Credit's financial results for the fourth quarter and the full year 2011 point to trends dealerships can expect in 2012, including a continuing scarcity of newer used cars, the return ... From 2011 to 2012, it's old news. Read moreFord Credit results suggest tough used-car market in 2012Today the average car on the road is more than 10 years old. That means Americans are driving older ... that usually means more trips to the mechanic. "The financial decision to keep verses the financial decision to make a monthly commitment ... Read moreLetting Go of an Old CarConsumers in Ontario, feeling the pinch from less disposable income, are spending their money on repairing old cars instead of buying new vehicles ... prompting Ontario Finance Minister Dwight Duncan to fire a shot across the bow of corporations. Read moreOntario's Finance Minister calls on business to boost investment, create jobsNow, to be fair, the current Focus was introduced last spring -- that comparison is with sales for the old car. And while the old car wasn't bad, exactly, the new one is superb. Engineered by Ford's small-car experts in Germany, and lavished ... Read moreFor additional information, please see:
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