Tech, Style Under Gavel at Auction
The parade of unique cars headed for warehouses or worse, the shredder will likely continue, despite the success of Ford Motor Co.'s design prototype and concept auction June 16. The event the first time a large auto maker ever has offered its one-of-a-kind concept vehicles for public auction attracted about 100 bidders and brought in nearly $4.4 million. Proceeds from the event will benefit the Ford
July 1, 2002
The parade of unique cars headed for warehouses — or worse, the shredder — will likely continue, despite the success of Ford Motor Co.'s design prototype and concept auction June 16.
The event — the first time a large auto maker ever has offered its one-of-a-kind concept vehicles for public auction — attracted about 100 bidders and brought in nearly $4.4 million. Proceeds from the event will benefit the Ford Motor Co. Fund, which boosts non-profit organizations.
Despite hoping Ford's largesse would be contagious, there is no indication from Christie's auction house, which presided over the event, that another auto maker will follow suit.
The highest winning bid was $1.1 million for the Ghia Focus. And $5,875 took the blocky 1983 Ghia Mini Max.
None of the cars, however, are street-legal.
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