Kruse auctions' year-long trek to the abyss continues apace. In 2009, Dean V. Kruse's troubles flared up in Indiana due to mounting lawsuits from consignors who were never paid after their cars were sold, as well as banks that hadn't been paid for credit or loans. A $1.3 million
The legendary Kruse auction house has hit yet another rough patch. The company that once broke the $1 million bid barrier for a classic car has had its licenses revoked in the State of Indiana. It appears that the revocation is the result of a number of complaints lodged against the house over the past year. Buyers have reported lengthy delays in obtaining the vehicles they had purcha
You can't sell everything on eBay. Case in point: The auction site has a pretty stiff policy against the selling of what it calls "murderabilia" or anything "closely associated with notorious murders within the last 100 years." We can debate whether euthanasia qualifies constitutes actual murder, but regardless, Dr. Jack Kevorkian's 1968 Volkswagen Van evidently
January 2010 not only kicks off a new year, but also signals the end of the Naughties. The automotive landscape has changed quite a bit since the days of the Y2K scare, but some things remain the same. January still hosts the North American International Auto Show (NAIAS) at Cobo Hall in Detroit, the racing season roars to life with the Frank Filipponio
Kruse International, the four-decade-old, Indiana-based auction house that's moved cars like Chitty Chitty Bang Bang, is having a rough time of it. According to the Journal Gazette, lawsuits and actions have been brought against it by states, buyers and sellers – just about every entity an auction business is involved with. It isn't the first time founder Dean Kruse and his company have been in trouble, and Kruse says it's been worse before.