“Upheaval” doesn’t even begin to describe the state of the American auto industry in the 1970s. By the end of the decade, the oil crisis was in full swing and gasoline prices had risen to the moon. Despite this dark period in automotive history, some car companies did mass-produce some cars. Source: www.hotcars.com
The horsepower arms race that began with the 1964 Pontiac GTO spilled over into the next decade, but it didn’t last long thanks to 1973 emissions regulations and expensive insurance. Therefore, the early 70’s signify the peak of performance within the industry. muscle car Golden age… Source: www.hotcars.com
Modern cars are generally considered to be the opposite of investments. This is not the case with classic cars. Of course, there are some exceptions, but as things get older they increase in value. Cars that cost about $30,000 in today’s dollars when new are selling for three times as much or even more. Source: www.hotcars.com
Mitsuoka is a small Japanese manufacturer specializing in neo-classics based on Toyota, Mazda, and now Honda. The M55 is based on the current Civic hatchback, but its styling is reminiscent of 1970s American muscle cars. Although it’s just a concept at this point, there’s nothing stopping Mitsuoka from putting the M55 into mass production. Just don’t get your hopes up… Read More