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Dealer's decades-old, low-mileage Chevrolets to hit auction block after idling in storage
• PIERCE, Neb. (AP) -- Seventeen years have passed since Ray Lambrecht closed his Chevrolet dealership, a small-town operation in northeast Nebraska with a big and valuable secret.
• For decades, the owner of the Lambrecht Chevrolet Co. in Pierce held on to new cars and trucks that didn't sell right away. He stashed them in warehouses, at his farm and in other spots around the town he worked in for 50 years.
• Now, his automotive nest egg -- about 500 vintage cars and trucks -- will go on the auction block. Next month, visitors from at least a dozen countries and throughout the U.S. will converge on the 1,800-resident town, or bid online.
• The two-day auction will feature mostly unsold Chevrolets that have sat untouched for decades. They'll go on the block in as-is condition. About 50 have fewer than 20 miles on the odometer, and some are so rare that no one has established a price. The most valuable, including a rare Chevy Cameo pickup, could fetch six-figure bids from collectors who view them as works of art to display or as restoration projects.
• "To find this many new, old vehicles is unheard of," said Yvette VanDerBrink, the auctioneer coordinating the event. "It's like a white buffalo."
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Floods cover more than half of Manila area after some of Philippines' heaviest rains on record
• MANILA, Philippines (AP) -- Flooding caused by some of the Philippines' heaviest rains on record submerged more than half the capital Tuesday, turning roads into rivers and trapping tens of thousands of people in homes and shelters. The government suspended all work except rescues and disaster response for a second day.
• At least seven people have died, including four who drowned north of Manila on Monday. There were no reports of fresh fatalities Tuesday.
• The dead included a 5-year-old boy whose house was hit by a concrete wall that collapsed, and a 3-year-old boy who fell into a swollen river in Mariveles town in Bataan province. Four people are missing.
• Throughout the sprawling, low-lying capital region of 12 million people, offices, banks and schools were closed and most roads were impassable. People stumbled (Continued on page 27)
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