This 1997 Acura Integra Type R hammered down for $63,800 in Las Vegas, signaling a generational shift in the collector car scene, says auction impresario Craig Jackson. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Notable product introductions at this week’s Paris Motor Show include the Infiniti Project Black S, Peugeot e-Legend Concept, and the Ferrari Monza SP1 and SP2 roadsters. More at The Drive.
+ Auto industry analysts are cautiously optimistic about the new trade deal with Canada and Mexico forged by the Trump administration, replacing NAFTA. More at National Public Radio.
+ Manufacturers have panned an EU proposal to cut carbon dioxide emissions 40 percent by 2030, saying it would increase costs to consumers and reduce employment. More at Automotive News Europe.
+ Richard Childress Racing has promoted Daniel Hemric to drive the No. 31 Chevrolet in the NASCAR Monster Cup Series beginning in 2019, replacing Ryan Newman. More at Jayski.
+ Honda will invest $2.75 billion over the next 12 years in a partnership with General Motors’ Cruise division to develop high-volume self-driving cars for global production. More at Motor Trend.
+ Shares in luxury automaker Aston Martin skidded 6.5 percent on their market debut in London as analysts raised concerns over the company’s ability to deliver new models. More at Reuters.
+ The American Center for Mobility in Willow Run, Michigan is losing its U.S. Department of Transportation designation as a proving ground for self-driving cars. More at The Detroit News.
+ According to a global study on employer gender issues by Equileap, General Motors is ranked number one in the world in gender equality, bumping L’Oreal from the top spot. More at the Detroit Free Press.
+ A 1997 Acura Integra Type R sold for $63,800 at the Barrett-Jackson Las Vegas sale, a world record price that signals a generational shift in collector car circles. More at Classic Cars.com Journal.
+ Veteran Sauber Formula 1 driver Marcus Ericsson, demoted to a reserve position with the team next year, is seeking a full-time ride in the IndyCar Series. More at Motorsport.com.
Review the previous Executive Briefing from October 1 here.
Photo courtesy of Barrett-Jackson.
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I’ve been saying for years that Japanese cars would be the next big thing. These are the desirable cars of our generation.
Japanese cars have been throwaway cars forever. Honda [The rest of the world agrees] Integras should be at best a interesting cult car.
As for Hilux’s? Again a mild collector item and most are rusted and beat to death. And having owned several as used cars are like most Toyotas, mechanised transport. Generally reliable but boring and a snooze to drive
I can see some of the Japanese cars like the Supra and 240-280 Z models starting to rise in value, they are just about impossible to find in used condition. Most everything built from the 70’s through the early 90’s have disappeared from the highways, gotten recycled I guess.