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Entries in RM Auctions (12)

Friday
Nov222013

Vroom Room

Good Morning!

Its Friday, its the Vroom Room, back from the "fishing trip" come in make yourself comfortable enjoy the cappuccino and biscotti join the conversation.

Its good to get away for a few days, changing scenery and climate, disconnecting from the wired world, enjoying simpler things, while meeting interesting folks from other parts of the planet. We encourage you to "go fishing" especially in a warmer climate at this time of year.

Do you find it fascinating to hear analysts, pundits, often repeat the same things with a slightly different "flavour" month in and month out, convention in and convention out. We could keep on here but you surely get the "landscape" we are referring to...gotta wonder at times.

Back in 2008 we coined "New Reality", as we often see when something is a little too ahead of its time, time must run its course prior to become a current issue. Interesting to finally see the "mainstream" no longer focus on the recession, and start focusing on the "New Reality". 

Its fascinating to see the behavior of CMS (Citizen Main Street)in an environment of inexpensive credit; bringing it close to home...the inexpensive credit has been fueling the auto business in Canada to new heights, while dumbfounding many observers.

Think about this, CMS gets subsidised rates to punt the trade in value risk further down the road...reflect on this for a moment.

The RM Art of the Automobile Auction generatied strong opening bids.

Impressive photo gallery from Bonneville Speed Week...enjoy

 

 

Saturday
May182013

1953 Ferrari 340/375MM

Cool video...enjoy!

 

Tuesday
Dec182012

427 Cobra

Yes...we saw this car during our last visit at RM Auctions, and heard it run...enjoy!

 

Thursday
Aug302012

Ford GT40

The GT40 that sold for $11,000,000.

 

Friday
Aug172012

Vroom Room 

Good Morning!

Its Friday, its the Vroom Room, come in make yourself comfortable, enjoy the cappuccino, join the conversation. 

Yes...its Pebble Beach and the various activities in Monterrey this week end. Browse the RM Auctions catalogue to give you a feel for the week end.

Although a little long, an informative presentation by McKinsey on The Social Economy. At times we truly wonder how many pundits are truly grasping the impact of the social economy. Or simply focusing on various components of social media, as it applies to the auto industry, and especially auto dealers. 

Whe you read that a dealer gives away a car in a Facebook contest to garner followers. With the winner of the car is so far removed from the dealer's reasobale AOR that it defies good sense. It makes you wonder.

If you are involved in the auto industry, you heard that BMW "padded" their July sales in the US. Do you think for a moment that every other manufacturer was an innocent spectator. In the game of putting money on the hood or the trunk to move metal, that money applies for customers and/or dealers to generate RDR's (Retail Delivery Report). 

Fascinating article in the Globe and Mail, What Canadian CEO's are asking Jim Flaherty, you have to wonder where the heads of some of these leaders of industry are situated.

Our usual old cars from Carmel Concours on the Avenue 2012.