Businessweek Archives

The Recession Proof Car. And It's Not a Mini. It's a Fini'

My favorite e-mail of the day:

Hi David,

I just wanted to share this story with you…it makes for a relevant and very interesting topic!

With the American auto industry going bankrupt, one auto sector remains strong—hearses. Eagle Coach Company based in Cincinnati is a high-end hearse manufacturer that has actually seen a very successful year in the growth of their business. And no, they don’t make Toyotas or Hondas. Eagle buys brand new Cadillacs and Lincolns, saws them in half, and sends them down an assembly line for hearse customization. Call it a recession-proof business, but Eagle Coach has remained insulated from the auto fallout.

Did these guys take Oldsmobile to the graveyard?

The Aging of Abercrombie & Fitch
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