June 27th, 2007

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Louis A. Groebner Jr.: 1939 – 2007

Wednesday, June 27th, 2007

It’s with great sadness that I write this tribute for Lou Groebner as Lou was a very special person and he was proof that it is not the cars that make our Corvette community so special, it is the people! The cars are what first drew us together as a magnet and now “the people” are primary and the cars are secondary.

We have Special Collections for our cars. We have Hall of Fames for our cars. We need more Hall of Fames for the special people who have done so much for the hobby… for you Uncle Lou!!

Having just returned from the Bloomington Gold show, I reflect back on the Special Collection, not the cars but the people we see each year.

Uncle Lou, you will be missed but you’ll be in our hearts and memories as you were very special and so deserving of a spot near the door in the Special Collection of exceptional Corvette people.

Louis Groebner Obituary, Chicago Tribune, June 21st, 2007

Corvette Popularity Knows No Boundaries

Wednesday, June 27th, 2007

Corvette Market Magazine asks Terry’s Opinion. Read it here first: The Corvette market today is seeing a resurgence of true collectors and enthusiasts who are choosing to buy these classic vehicles as a collectible to drive and enjoy. Demand is definitely growing, as evidenced by the rising price tags these cars are drawing. The popularity of Corvette collecting, I believe, is growing at a pace that outstrips the availability of nice cars, which can only lead to bigger demand down the road. Older Corvettes, especially 1953 to 1972, have a solid pattern of growth that dates back to the early 1970s. What drives it? Well, today’s market is a world market and not just restricted to North America, which is demonstrated by the sales we have made in the last 12 months. From the United States to countries across the globe like Europe, Australia, New Zealand, Japan – and recently countries like Russia, Hungary, Croatia, South America and soon China – enthusiasts are digging deep into their pockets to purchase a classic car that is truly special to them. Additionally, factors such as the disposable income of many Baby Boomers (those born between 1946 and 1964) will lead to continued demand of the Corvette. This population group is financially stable and free from the responsibility of children, giving them the time and money to enjoy a truly magnificent classic car. Classic Corvettes are red hot and I only see it growing more and more each year. Corvette Market Magazine is from the same publishers of Sports Car Market and hits newsstands soon.