There is one positive aspect to the Japanese tsunami: It seems to lift resale values. Manheim’s Used Vehicle Value Index just rose to another record in April, says Automotive News [sub]. Manheim has been keeping track of used car prices since 1995. Pushed by tighter supplies and higher demand, the index climbed to 126.6 last month, up from 124.2 in March and 120.7 in April 2010.
Shelby Supercars hasn't had any trouble finding buyers for the company's Tuatara. According to Gulf News, the exotic drew a whopping 10 buyers at the Dubai International Motor Show. Global recession? What global recession? Each Tuatara comes with a sticker price of $1.3 million, and even Shelby Supercars didn't expect to find the sort of following that it did at the show. The brand largely decided to attend the event to raise awareness about its efforts in high-performance engineering, with founder Jerod Shelby saying his goal was merely to find a distributor for the region.
Gallery: SSC Tuatara