- Aug 25, 2007
Gremlins, Pinto and Pacers to become the new auction darlings?
AMC was the big winner of the dubious honors. Consistently undercapitalized compared to the big three, AMC had to be very creative and clever with their resources. The company made it as long as they did by taking more risks, so it's not that much of a surprise to see the Pacer, Gremlin, and Matador honored. Ford's Pinto must be charming a new generation of buyers with its firey personality, because we can't imagine that rampant nostalgia has started to take hold of the rolling jokes yet. Then again, many Boomers might fondly regard what may have been their first car. Prices for musclecars have gotten stupid, are we going to see a three-million dollar Bobcat in the next five years?
[Source: Business Week via TTAC]