Wednesday, March 04, 2009

Luxury Cars Can’t Sell


I read an article on the Wall Street Journal today that luxury car manufacturers are having problems selling their cars. This doesn’t seem surprising when you think about how the state of things are in the world economically right now. But according to the article, historically, luxury car makers have been less affected by economic downturns. It’s only because the global economic crisis that we’re experiencing is so massive that also they too are now affected.

But the most striking thing about all this is that earlier today while I was surfing around the internet I came across an article on Technabob about an amphibious Lamborghini Countach (wow!) built by Mike Ryan of SeaRoader.

amphibious_lamborghiniSo being curious and wanting to know more about this super cool car I looked up SeaRoader.

And here’s the webpage I was met with


Due to other business commitments the Worldwide manufacturing & design rights to SeaRoader are now for sale at a lower price!

Click on the business opportunities link.

The Worlds #1 Production Amphibious Car


What the ##??! They’re selling their manufacturing and design rights?!! Meaning their selling their entire business. That spelled from the get-go that they were in a rough spot, but then again how big is the market for amphibious cars normally, and then how big is it during a global financial meltdown. I guess they were bound to be one of the first luxury car manufacturers to go.

So when I read that article in the Wall Street Journal my heart sort of bled for poor SeaRoader and the rest of the brands that we know and love and hope to one day buy. 

I hope good old BMW, Lamborghini, Ferrari,  Porsche, etc. (yes, you know the names ;) make it through this.

I still have my eyes set on one of them. Maybe I’ll even go with the amphibious version ;)


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