Luxury hasn't lost its luster

Even in these tougher economic times, we haven't lost our taste for the finer things in life. That includes automobiles.

So far, sales of new luxury vehicles more than kept pace with the over-all market, although high-priced passenger cars have fared better than expensive trucks.

We also still have an interest in classic cars. This weekend there are a couple of classic-car auctions of note. One will be held in Novi, Mich., at the Novi Expo Center.

The other will be a live auction in Santa Clara, California, sponsored by eBay Motors. Why would eBay -- which has sold thousands of used vehicles online -- go offline to auction about 300 classic cars? To raise brand awareness, silly.

You can reach Edward Lapham at elapham@crain.com

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