Hemmings State of the Collector Car Hobby May 2023

You're are receiving Hemming's State of the Hobby Monthly Update due to your interest in Hemmings Newsletters. If you do not wish to receive future communications of this type, please click HERE to opt out. The collector car hobby is an ever-changing landscape of passion, pedigree, and economic influences. Here at Hemmings, our goal is to capture that passion, while keeping our customers informed of pertinent market trends. Below is a finger on the pulse of the collector car space for the fiscal month of May 2023.   May By the Numbers In May 2023 Hemmings total Vehicles listings rose 25% year over year in Auctions, Classified, and Make Offer, with launched Auctions climbing 30%. Premium Marketplace (Auctions + Make Offer) volume was up 73% with Hemmings Marketplace digital traffic surging 43%.   "The collector car market continues to be lively as we enter the second quarter of 2023, though average sale prices have tapered from their summer 2022 peak. However, we continue to grow in the ever-important categories of total vehicles listed, sold, new bidder registrations, and our marketplace has more eyes than ever."   –Hemmings Auctions Operations Director, Terry Shea.   A New Way To Buy And List Your Classic Vehicle!     Hemmings freshly launched Marketplace App brings collector vehicle buying and browsing to your fingertips and is the perfect place to scroll through thousands of classic and collector cars, trucks, and motorcycles. Simple to use, catchy, and entertaining, it provides three different ways to buy: Get in on the bidding action with Auctions, strike a deal on a Make Offer listing, or cruise the Classifieds. All from the palm of your hand!     Collectability Callout: C3 Chevrolet Corvette   The C3 Corvette was and still is a looker. Having played second fiddle to its C1 and C2 siblings for years, this iteration of Chevrolet's iconic sports car is starting to come into its own from a collectability standpoint. Sharp lines, big- and small-block engine options, visceral 4-speed transmissions, and summer ready T-top and convertible options are but a few of the attractive attributes the C3 'Vette has to offer. Since 2020, Hemmings has sold 68 C3 Corvettes and observed the following increase in model value.   Looking for a C3 Corvette? Check out this Buyer's Guide!     All C3s are not created equal however, with collectors preferring chrome-bumper examples, big-block and high-spec small-block cars, and convertibles.   It's Almost a Classic! Honda S2000     With a high-revving engine and soulful driving experience, Honda's S2000 captivated sports car enthusiasts everywhere when it hit the market in 1999. Now, 24 years old­– just one year shy of most states' classic vehicle requirement– the open-top rocket is becoming ripe for the picking.   Auction tip of the month: Video Brings Depth and Interest to Any Listing     Hemmings listings allow for copious photos, but what newcomers might not know is including video adds reassurance to the quality of the offering. If a bidder can see and hear a cold start-up, a walk-around, or view of the cockpit and gauges while driving, it goes a long way toward letting bidders know just how well the listed car operates.   Sell Your Classic Car With A Hemmings Listing, Today!   © 2023 Hemmings Motor News. All rights reserved.   You are receiving this because you opted-in to the Hemmings Marketing emails. For more information about this newsletter, email webmaster@hemmings.com or write to: Customer Service, Hemmings Motor News · 222 Main Street · Bennington, VT 05201 · USA. You can update your email preferences here at any time, or unsubscribe  from this mailing list.

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This Mercedes EV is a nod to the futuristic concepts of 1970s

PLUS: Buick Electra E4, Telo Trucks, Toyota solid-state battery plans, and Cologne EV plant.

If you have trouble reading this message, view it in a browser. The Mercedes-Benz Vision One-Eleven Is a Modern C111      The age of spectacular show cars may appear to be behind us, unless you count some recent reinterpretations like the Tesla Cybertruck. But Tesla is by no means the only EV maker capable of producing retro-futuristic concepts.    This week Mercedes-Benz took the wraps off the Vision One-Eleven concept, meant as an homage to the C111 concept of 1970, and finished in a period-appropriate bronze orange color. But this time it's electric, featuring an axial-flux motor produced by Mercedes-Benz subsidiary Yasa.    "Our all-electric Vision show car is the modern-day interpretation of the C111, which was avant-garde at the time," said Gorden Wagener, Chief Design Officer, Mercedes-Benz Group AG. "The element of surprise comes from its exceptionally clean, purist and, at the same time, extremely muscular proportions."    Read on to find out what this concept is all about. READ THE FULL STORY Here's How Nissan Plans to Stay Relevant in a Digital, EV Era      Nissan was an undeniable EV pioneer, launching the Leaf at a time when you could count the number of electric models on sale with the fingers of one hand. But it certainly took a while for its second mass-market EV to materialize, with quite a lot happening in between, including a former chairman and CEO escaping house arrest in Japan in a box for musical instruments.    Now, Nissan is playing catch up at a time when a number of prominent automakers have several EV models in their lineups.     Just how does Nissan picture its role in the next few years as the technology evolves?    We talked to Allyson Witherspoon, corporate vice president and global chief marketing officer at Nissan to find out what the company has in the works for the near future, and what the brand seeks to offer to new and repeat buyers. READ THE FULL STORY This Automaker Pushes Forward with Solid-State Batteries, New R&D HQ      Odds are you've seen a Toyota bZ4X around town by now, with the crossover arriving on sale after years of EV skepticism by the Japanese automaker. Now it appears Toyota's EV trajectory is changing, and not just because of that single model currently on sale.    This week the automaker laid out some of the most detailed plans to date for its EV strategy for the remainder of the decade, dropping hints of an energy-dense nickel cobalt manganese lithium-ion battery that could offer over 600 miles of range and a charging time of just 20 minutes. Such a breakthrough could arrive in three short years, the automaker said, perhaps promising a way to beat range anxiety once and for all.     That's not all when it comes to battery tech, as Toyota is now accelerating efforts to field solid-state batteries—the holy grail of battery technology for the past decade—citing "a technological breakthrough that overcomes the longstanding challenge of battery durability."     Just when could we see these new battery technologies in Toyota EVs?     Read on to find out what the automaker is working on. READ THE FULL STORY Ford Retools German Plant for VW-Platformed, Europe-only Explorer EV READ MORE If the Telo EV Truck Speaks to You, Time is Now to Place a Deposit READ MORE Buick in China Gets Its Second Ultium-based EV, the Electra E4 READ MORE Get Outside—and Stay There!—with These Car Camping Gear Essentials READ MORE In Radio Interview, GM CEO Barra Hints Chevy Bolt Could Return READ MORE Pikes Peak Entries—Some Electric, Some ICE—Will Race to the Clouds on June 25 READ MORE Spread the word: If you know someone interested in staying on top of the rapidly growing EV segment, feel free to pass this newsletter along. SIGN UP Follow Us Unsubscribe Privacy Notice Autoweek.com ©2023 Hearst Communications Inc. All Rights Reserved. Hearst Email Privacy, 300 W 57th St., Fl. 19 (sta 1-1), New York, NY 10019