More than three years ago, on New Year’s Eve of 2007, our Beloved Leader, the dearly departed Robert Farago rattled the Best and Brightest with one of his thought (and sometimes aggression) provoking questions. This time, it was: “What’s the plural of Prius?”

Damned if I know, but a few days ago, the TTAC server reported repeated search terms for the very same  “What’s the plural of Prius?” I decided to do my journalistic duty and investigate. The results were shocking. (Read More…)

The die is cast. Robert Farago, the man who founded this site nearly a decade ago and nursed it into relevance and notoriety, has left the building. Those of us who remain behind take his burden onto our willing shoulders, dedicated to realizing his dream of a car blog that covers the most relevant industry news and delivers the most unflinchingly honest reviews, commentary and analysis. Though much has changed since TTAC’s founding, the need for the truth about cars has not diminished. The automotive media remains a haven for craven cowardice, mutual back-scratching and unquestioning obsequiousness, and our inviolable mission is to provide consumers and observers with perspectives that stand in stark contrast to the industry business-as-usual. Though no site can remain unchanged after the loss of such a prolific founder, Robert’s work over the past decade is the blueprint for our future. The truth must be told, and we’re forever grateful to Robert for showing us the way and, in the process, building up an outlet that is irrevocably dedicated to these ideals.

On a personal note, I’m humbled by the task of filling Robert’s prolific, principled and notorious shoes. I’m also eternally grateful to Robert for his faith in me over the past 18 months. Thanks to his trust, generosity and patience, I have the honor of replacing him in what may well be one of the best jobs in the world. Thanks to his high standards, tough criticism and brutal honesty, I feel capable of doing some justice to his vision. Thank you Robert, for creating this site, for mentoring me, and for making an indelible mark on the autoblogosphere. It’s been a true honor.

Following the Scottsdale auction season, dealers at the top end of the collector car market breathed a collective sigh of relief. As the the New York Times headline put it, the auction action proved that prices “Soften but Don’t Crash.” Maybe so, but there’s a hidden dynamic involved. “People tend to forget that the auction houses work just as hard at reducing the sellers’ price as they do on getting the buyers to pay it,” says Mike Nicholl, proprietor of Las Vegas’ Classic and Collectible Cars. In other words, the results simply reaffirm that car sellers’ willingness to take a hit currently matches buyers’ bargain-hunting budgets. The General Manager of Lamborghini Bergen County (NJ) agrees. He says pre-owned inventory levels are up, but the deals are still going down. “More people are hurting, looking to get out of their cars,” Alan Greenfield says. “But the lower prices are attracting new buyers.” Despite the market’s recent diet of anti-gravity pills, or at least away from the people dispensing same, there are signs that the high end market is headed for collapse.

(Read More…)