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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 dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.
By 1947, the new building with four lanes to auction vehicles opened and soon the partners realized the general public was purchasing their vehicles at the auction instead of their dealership franchises. This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2]
MichAuto started as a grassroot initiative in 2007 to promote and retain the auto industry when it was on the precipice of an economic meltdown.
The Detroit Auto Show, formerly known as the North American International Auto Show (NAIAS), [1] is an annual auto show held in Detroit, Michigan.Hosted at Huntington Place (formerly Cobo Center) since 1965, [2] it is among the largest auto shows in North America, and is widely regarded as one of the automotive industry's most important events.
NORTHERN MICHIGAN — September is bringing plenty of fun events to Northern Michigan. This weekend, there’s high-flying hot air balloons, delicious delicacies, live music and more on the calendar.