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A Report From Europe
19th Annual Techno Classica Essen
March 29 through April 1, 2007
By Peter Pleitner
All photos by Peter Pleitner unless
otherwise noted
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Essen, Germany? Well,
think of Pittsburg, Pennsylvania, but east of Paris, France, about five
hours and 300 miles. Then consider Retromobile, except Techno Classica is
four times larger, staged in a million square feet in 20 expo halls plus
outdoor display areas accommodating 2,500 cars, 1,000 manufacturers,
brokers, vendors, and clubs for five days. This, the 19th Annual Techno
Classica Essen describes itself as “The World’s Fair” of important and
collectible automobiles and motorcycles ― attended by 154,000 enthusiasts!
The biggest exhibitors
are manufacturers like Alfa, Audi, BMW, Jaguar, Mercedes, and Porsche ―
represented by truckloads of their museum’s collections in grandiose
exhibits, some in a hall all to themselves, some with concept and new model
introductions.
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"The prime dealers and brokers were all smiles but caught short ― too many
customers for certain cars ...
This competitiveness
and economic sunshine will raise all classics in favor here because the Euro
is now king."
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Their counterparts are
dioramas and displays of cars stages by 50 clubs, followed by even more
elaborate dioramas presented by model makers. Competing for top honors are
the concourse-worthy displays of the major broker/dealers, auction houses
and event sponsors like the Tazio Nuvolari Museum. Then add the likes of
Bosch and Bilstein with historical exhibits and technical support;
restoration shops, a school, and guilds with live technique demos; tire,
wheel, and watch manufacturers; tools, equipment, and used and restored
parts, niche apparel and accessory vendors; vintage rally and tour
operators; even the DB car train; and the small business man with
collectibles ― all there to be noticed, to network, and do a little or a lot
of retail to cover their costs or kick start their year. |

BMW Isetta exposed to illustrate the club's body
work seminars
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Some of the many exhibit halls at Techno
Classica,
all of which are very elaborately furnished |
What’s hot? The Euro, the
British pound, and fine cars. What’s cold here? American muscle cars. Ask
yourself, is a Hemi Cuda really worth that much more than a Porsche 911 RSR?
Yes, they used to be in Arizona, sometimes in another State ― but anywhere
else? However they still love American chrome and are starting to really
appreciate Corvettes over here. The competence of the C-6 and victories at
Le Mans finally did the trick, though the C-1 is still a nice joke.
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They won’t pay an
American’s premium for the big block or matching numbers though. The European Classic
Corvette Collectors club displayed two coupes, a '67 built with
the big tank and a ’64 built for Switzerland with some very rare
parts and features ― body and chassis separated for restoration.
Some of the other
local clubs with displays of significant American cars include Buick,
Cadillac, Cobra, Mustang, Thunderbird, and Studebaker marques. And there
was the German Street Car & Bike Magazine ― with circulation over 20,000
― with a display of a dozen cars replicating a drive-in circa 1963.
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Germany is setting
export records and Germans are starting to feel confident. The
population of licensed Oldtimers and Youngtimers just exceeded a
million this year. They’re tossing big money on interesting cars
like using a book to reserve a prime chaise at a resort. Sales are
still discrete and mostly in private. You wont’ see an obvious BJ
froth, but the glass is getting fuller. In Paris a restored 190SL
broke the $100K barrier ― easily doubling expectations. Techno
Classica Essen will show it’s no fluke but an emerging habit.
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It’s a different
market over here on many levels:
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Currencies and
transaction styles
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Sensibilities and
culture
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Quantity and mix of
events and venues
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Automotive heritage
and icons
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Couture and design
rather than custom
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The prime dealers
and brokers were all smiles but caught short ― too many customers for
certain cars. Missed-buy opportunities are becoming frequent. This
competitiveness and economic sunshine will raise all classics in favor
here because the Euro is now king. |
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And what classics
are in favor? The best bets still are on museum pieces and race cars,
but I predict the coming surge will be with significant cars that are
enjoyable conveyances for motoring in the myriad of rallies and tours
they do so well over here. And this time around our object of desire is
morphing into a solid hedge on the dollar too.
A
web album with 51 photos and slide show
function can be viewed online.
This report was edited
then published as "Essen: Retromobile x 4" in Sports Car Market
(July 2007, pages 46 and 47). |

Alfa Romeo was one of a half dozen
manufacturers that brought valuable cars from their museums
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