An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory.
McLaughlin Motor Car Company Limited was a Canadian manufacturer of automobiles headquartered in Oshawa, Ontario. Founded by Robert McLaughlin, it once was the largest carriage manufacturing factory in the British Empire.
Studebaker was an American wagon and automobile manufacturer based in South Bend, Indiana, with a building at 1600 Broadway, Times Square, Midtown Manhattan, New York City. Founded in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company, the firm was originally a coachbuilder, manufacturing wagons, buggies, carriages and harnesses.
The Brass Era is an American term for the early period of automotive manufacturing, named for the prominent brass fittings used during this time for such features as lights and radiators. It is generally considered to encompass 1896 through 1915, a time when cars were often referred to as horseless carriages.
Powel Crosley Jr. was an American inventor, industrialist, and entrepreneur. He was also a pioneer in radio broadcasting, and owner of the Cincinnati Reds major league baseball team. In addition, Crosley's companies manufactured Crosley automobiles and radios, and operated WLW radio station. Crosley, once dubbed "The Henry Ford of Radio," was inducted into the Automotive Hall of Fame in 2010 and the National Radio Hall of Fame in 2013.
Charles Edgar Duryea was an American engineer. He was the engineer of the first working American gasoline-powered car and co-founder of Duryea Motor Wagon Company. He was born near Canton, Illinois, a son of George Washington Duryea and Louisa Melvina Turner, and died in Philadelphia, Pennsylvania, but spent most of his life working in Springfield, Massachusetts. It was in Springfield that Charles and his brother, Frank, produced and road-tested America’s first gasoline-powered car.
Tattersalls is the main auctioneer of race horses in the United Kingdom and Ireland.
China FAW Group Corp., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Changchun, Jilin. Founded on 15 July 1953, it is currently the second largest of the "Big Four" state-owned car manufacturers of China, together with SAIC Motor, Dongfeng Motor Corporation and Changan Automobile.
Barrett-Jackson is an American collector car auction company headquartered in Scottsdale, Arizona. It was founded by Scottsdale business partners Tom Barrett and Russ Jackson. They initially launched a car show, Fiesta de los Autos Elegantes, in 1967 to raise money for local facilities. The first Barrett-Jackson auction, originally meant as a one-time event, was held in December 1971. Due to its success, it became an annual event, eventually prompting the creation of other collector car auctions in the Scottsdale area.
The Reppert School of Auctioneering is an auctioneer education provider, since 1921.
The Monkeemobile is a modified Pontiac GTO that was designed and built by designer Dean Jeffries for The Monkees, a pop and rock musical band and television program. The car features a split two-piece windshield, a touring car convertible top, modified rear quarter panels and front fenders, exaggerated tail lamps, set of four bucket seats and an extra third row bench where there was originally a trunk, a rear-mounted parachute and a GTO emblem on the front grille.
Larz Anderson Auto Museum is located in the Anderson Carriage House on the grounds of Larz Anderson Park in Brookline, Massachusetts and is the oldest collection of motorcars in the United States.
The Holsman Automobile Company was an early American automobile manufacturer in Chicago, Illinois, between 1901 and 1910. Founded by Henry K. Holsman, the company produced a high wheeler automobile.
John Mohler Studebaker was the Pennsylvania Dutch co-founder and later executive of what would become the Studebaker Corporation automobile company. He was the third son of the founding Studebaker family, and played a key role in the growth of the company during his years as president, from 1868 until his death in 1917.
Russell Wayne Kruse was an American auctioneer best known for building the business of auctioning classic cars through Kruse International.
Kruse International was an auction firm founded by Russell Kruse in Auburn, Indiana, in 1952. The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. After the success of this auction, the Kruses were asked by Tom Barrett to have a sale in Scottsdale, Arizona, the next January. This was the first annual sales that continues today. The Kruses were the first to sell a car for a documented $1 million in cash — a 1934 Duesenberg Model SJ La Grande long wheelbase dual-cowl phaeton. The Duesenberg was sold to Tom Monaghan, founder of Domino's Pizza and then owner of the Detroit Tigers.
Auto auctions are a method of selling vehicles based on an auction system. Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers. In a few countries, such as Japan, auto auctions are well known and used by most residents.
Dennis K. Kruse is an American businessman and politician. Kruse was a founder of the auction business Kruse International before entered politics as a Republican. He was a member of the Indiana House of Representatives from 1989 to 2004 and the Indiana Senate from 2004 to 2022, representing Senate District 14.
Genevieve Chappell is an American television personality, media personality, businesswoman and television producer.
Duncan & Fraser Limited was a vehicle manufacturing company founded in 1865 in Adelaide, South Australia that built horse-drawn carriages and horse trams, and subsequently bodies for trains, electric trams and motor cars, becoming one of the largest carriage building companies in Australia.
