It is the most expensive Rolls Royce ever sold at auction! When new back in 1912 the car sold for $1,000, or about $93,000 in today’s dollars. The audience gasped when the final price came to a tidy $4.7 million at the Bonham’s auction in West Sussex, England. It clearly was a meticulously restored Silver Ghost model with an interior of silver and ivory with door panels embroidered in silk with brocade tassels attached to the silk window shades for privacy. The passenger footrest hides a full picnic set for four with China Tea Service, complete with an alcohol-fueled burner and kettle to heat the water. I should not forget to mention the three decanters in sterling silver and three in leather-wrapped glass. It is powered by a 7.3-liter six said to be good for 15 mpg and had a very early version of a speedometer. By the way, the original owner declined the privacy glass between the front and rear seats, because he fully intended to drive the car himself. A Rolls like this simply could not be ignored this morning! That is a Bonham’s picture.
Honda announced its Civic coupe will go on sale March 15th and the MSRP will be $19,050 for the LX model with a stick shift. Or a few dollars less than the car mentioned above.
When it comes to the old bottom line, BMW is doing rather well. The company set new highs for global sales volume, revenues and profit before tax in fiscal 2015. Sales volume climbed by 6.1 percent to a record 2.2 million units.
Volkswagen announced the “departure” of Michael Horn, its president and CEO here in the U.S. “Through mutual agreement” he is leaving to “pursue other opportunities effective immediately.” Hinrich J. Woebcken, recently named head of the North American region and Chairman of VW Group of America will temporarily take over Horn’s position with the company. It is the latest in a series of management changes at VW and the New York Times reports that dealers are not happy that Horn is leaving the firm in the midst of the diesel pollution scandal.
Ford is bringing back its “Driving Skills for Life” program that is aimed at teaching younger drivers some stuff they would not learn in driver training programs. It is the 13th national tour for the program with hands-on driving training that will focus on hazard recognition, vehicle handling, space management and speed management. Of note are special suits that will give operators an idea of what it is like to drive under the influence of drugs and alcohol. “Both suits are designed to stress the dangers or driving while impaired,” Ford said.
If you are in the greater Washington D.C. area, the program will be held at Dulles Airport this weekend. For details on this very worthwhile program, check it out at: