RM Auctions to sell the world's oldest working vehicle in October

Every weekend around the country there's an auction selling a rare automobile or piece of ephemera that is priceless to collectors. But on Oct. 7, RM Auctions will be able to say it truly has something that's one-of-a-kind.

Boxmark's R&D center sets the trend

Established 1995Services Processing of upholstery leather, cutting & sewing shop, Research and Development CenterHeadquarters Kidricevo, SloveniaTelephone +386 2 7991 600Email si.office@boxmark.comWebsite boxmark.com At Boxmark in Slovenia, visions converge with innovation to form customized product solutions. The R&D center develops trend-setting leather interiors and exteriors, in addition to offering serial production. "It is our passion to bring out the best qualities and characteristics within each piece of leather and to convert them into extraordinary quality," says managing director Marjan Trobis.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.