Automotive

INVESTING IN CLASSIC CARS

It seems like the worst of times for investing in anything equipped with a gas tank: Saab has filed for bankruptcy;the U.S. Big Three continue to behave like the Three Blind Mice, running wild with SUVs, corporate bonuses, and denials of global warming ; and the big Japanese manufacturers, renowned for their impeccable quality, are recalling thousands of mysteriously flawed vehicles: faulty brakes, faulty air-bags – and even cars which won’t stop accelerating. At the moment, as they say in East Texas, I wouldn’t touch a new car with a ten foot pole.

But antique cars? Well, that’s another story. Basking in the glory and romance of the olden days, these beauties of engineering represent all the proof you need that they don’t make them like they used to. Read more…

Everyone gets it: Our highway-loving, gas-guzzling way of life is strangling the planet. We have to wean ourselves off fossil fuels, cut greenhouse gas emission levels and reduce our carbon footprints. However, do sustainable living habits mean we have to completely give up machines that have speed and style? Read more…

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