Michael Malamut was fixing neighbor’s cars while in high school to raise enough money to have one of his own. The local newspaper classifieds seeded that goal. Cheap cars could be fixed or lightly refurbished and sold for a profit.
Volkswagens were good targets because everyone wanted one in the ‘60s and there were few mechanics willing to repair them. Air-cooled Volkswagens led directly to early Porsche 356s and the profit margins improved. Continue reading