“Summer means cruisin’ street rods and muscle cars,” stated “America’s Auctioneer”, Larry Makowski. “Ocean City is the place to buy your next dream car at auction. Meet up with all your friends in Ocean City for the Street Rod and Muscle Car Auction May 15 @ 2pm. These awesome street rods and muscle cars are polished up, tuned up and ready to ride in the summer. Given the current economic climate, street rods and muscle cars are still the best investment that you can drive!” “The Street Rod and Muscle Car Auction in Ocean City is truly the east coast event of the season. It has become a free ride event where car clubs from across the east coast cruise into Ocean City. It’s a great time of year where ocean side hotel rooms start at about $100.00″ states Larry.

Event information
Street Rod and Muscle Car Auction
May 15, 2009 – 2PM
http://www.StreetRodandMuscleCar.com
Sale will be held at the Ocean City Convention Center, Coastal Highway & 40th Street, Ocean City, MD
Expect to see: Street Rod – Classic – Muscle – Sports Exotic – Special Interest

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The state of Maryland recently purchased 15 acres for the purpose of storing a huge backlog of new automobiles that are clogging the docks at the port of Baltimore. Over 57,000 unsold domestic and imported automobiles are sitting at that port alone, and thousands more are sitting at other ports across the United States. “People just aren’t buying high-end products now,” said James J. White, executive director of the Maryland Port Administration. “Before this worldwide economic downturn, we had enough space in existing facilities.”

In normal times, the imported cars sit at ports for a week or so before being transported to dealerships and sold. For the past several months the cars have been piling up, as dealerships cope with a global credit crunch and a dramatic slowdown in sales. The 15-acre lot that will hold the overflow will cost the State of Maryland $5.25 million. The average time that an imported car sits at port has stretched from one week to over a month.

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