Monterey Car Week: The wealthy still love their gasoline-powered beauties

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Auto industry elite, performance enthusiasts, and collectors donning pastel linen suits, floral jumpers, fascinators and fedoras gathered on California’s central coast for Monterey Car Week to admire both old and new sheet metal exhibitions.

Amid bellowing V-8 engines and eye-watering wafts of tailpipe exhaust, one thing is clear: Americans’ love for gasoline-powered autos is alive and well among the wealthy.

But despite the rich history and performance on display, electric…

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