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Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
A detailed look at how a gulfstream jet gets a multi-million dollar makeover from one of the most sought-after designers in America. Plus, meet the 20-something owner of the #1 Lamborghini dealer in the country. And, go inside an unusual NYC mega-mansion listed for $28 million.
In 2007, the Heard chain represented $2.1 billion revenue, [3] [5] much of which came from the sale of new GM products. [5] That year, however, its dealerships began to post significant monthly losses as the domestic auto market faced a downturn. [5] In 2008, dealerships posted monthly losses that ranged from $2 to $5 million. [5]
Globally, in the 11 top luxury markets that Knight Frank tracks, sales of $10 million-plus homes fell 4% over last year to $8.5 billion. Dubai leads the world in ultra-luxury real estate, with 85 ...
Malibu now holds the three highest home sales in California history. In addition to Jannard and Jay-Z, venture capitalist Marc Andreessen joined the list after paying $177 million for a sprawling ...
JM Family marked their 50th year in business by announcing a $150 million makeover for their corporate headquarters." [ 8 ] [ 9 ] The year 2022 was the 24th year that JM Family Enterprises was included in Fortune ' s "100 Best Companies to Work For" list.
A typical franchised, new car and truck dealership in the United States Car dealership showroom. In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car ...
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]