Classic sector sees growth in 2009 in a record-breaking year
11 December 2009

Classic car sales have risen in 2009, despite the downward trend among the rest of the automotive sector.

RM Auctions said it had sold more than 1450 cars so far this year, generating in excess of £117 million.

Ian Kelleher, president and Chief Operating Officer for RM Auctions said; “The market for 'quality' motor cars - remains stable, with outstanding cars continuing to attract great prices at auction."

Over the past year a number of new sales records were set. A 1957 Ferrari 250 Testa Rossa sold for more than £8m, becoming the most expensive car ever sold.

Khidr Suleman

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