More than 200 people attended an auction for an American car at the International Auto Expo in Detroit on Monday, with bidding on nearly half a million cars and nearly $1 billion in total value.
The auction was held at the Motor City Motor Club on the Detroit-Saginaw border, and was one of the largest in the history of the annual event, which began in 1947 and has attracted more than 200,000 attendees to the annual auto show since it began in the United States.
With bidding on more than 60,000 vehicles, the event was among the largest auctions in history, and is one of only two auto shows held annually in the U.S.
The cars were sold through the online auction platform, which was founded by a group of Michigan-based automotive executives and a former president of GM, the largest U.K. automaker.
“I want to say to the Detroit community: We have your back.
We have our team.
We’ve built you up to a championship level,” Wayne County Executive Armond Budish, a Republican, said after the auction.
I am honored to be part of this historic event, and I look forward to sharing my vision for the future of Detroit,” he said.
After the auction, a panel of journalists and representatives from automakers including General Motors, Toyota, Ford and Volkswagen attended the event to observe the auction process.
As the auctioneer announced that a winning bidder was announced, an auctioneer walked around with a red banner that read: “We want to thank everyone who participated in the auction.”
As he walked around, a small group of protesters gathered outside the Motor Club.
They were chanting, “I’m not for sale, I’m not a sale,” and “I am not for you.”
The protest, which started in the lobby of the Detroit Marriott Marquis hotel, spilled into the street and was mostly peaceful.
At the beginning of the auction the protesters yelled: “No more auctions!” and “We are not for profit!”
The protest was eventually dispersed, but the protesters left with some items that were sold at the auction and others that were left in the public lot.
For example, a $3,200 Cadillac sedan sold for $1.3 million.
The auctioneer later tweeted that “the best bid was $2.6 million, so it’s worth $2 million” and the winner is unknown.
On Monday, the U-Haul, which is owned by United Parcel Service, the country’s largest trucking company, announced that it would donate $1 million to a foundation that will work with communities that have suffered from economic collapse, including Detroit.
United Parcel service has donated $2 billion to charities around the world, including a $1-million donation to the Red Cross in Detroit, according to the UPD.