Lada cars became popular in Russia and Eastern Europe during the 1970s and 1980s, particularly in former Eastern bloc countries.The Lada logo depicts a shallow-draft river sailing ship (a form of Viking longship) - a lad'ya Lada's parent, Avto VAZ, produces nearly one million cars a year in Tolyatti and in Izhevsk in the Udmurt Republic, including the Lada Kalina, Lada Granta, Lada Largus, Lada Priora, Lada Vesta, Lada XRAY, and the Lada 4x4.Billed by Bonhams as one of the most famous Ferraris there is, this one is being sold with certification to say it was driven by Selleck before being returned to Ferrari North America when filming of series 5 of the action-packed crime drama concluded.Once back at the US Ferrari headquarters, this Magnum 232bhp 308 GTS Quattrovalvole was serviced, repainted and sold as a new car.It's had just two owners since 'new' and covered less than 36,000 miles in its 33 year life, so as you might imagine they want a pretty penny for this TV Ferrari.Hagerty Insurance's classic car price valuation tool says an 'excellent' version is worth around 4,000, or £83,000, in today's market, though a pristine 'concours' condition example can fetch 5,000, or £100,000. The auction house has set an estimation of between 0,000 to 0,000, or £120,000 to £200,000, despite it not being totally original and showing some minor scuffs.Not only is the country Asia’s main producer of automobiles, but it has also emerged as the number one producer of light vehicles.Chinese joint ventures and leading manufacturers like General Motors or Volkswagen were among the leading passenger car manufacturers in China.
The car is expected to fetch up to 0,000, or £200,000, with the upper estimate two-and-a-half times the 0,000 or £80,000 valuation that classic car specialist Hagerty puts on an excellent standard Ferrari 308 GTS.
He started out as a driver for \Hudson on Containers then went the subbie/OD route...
May have been around 82/83 so poss the writing was on the wall then?
It is expected that automakers will undertake unprecedented investment programs to grow their businesses not only in China and India, but also in other emerging markets.
That said, there will likely be a growth saturation curve in all of these markets.