Hemmings Motor News was founded by Ernest Hemmings in Quincy, Illinois, in 1954. The first issue consisted of four pages, and 500 copies were sold at 50 cents per copy. Today, Hemmings has more than 219,000 subscribers, paying $31.95 per one-year, 12-issue subscription. An additional 30,000 copies are sold each month at newsstands and bookstores throughout the United States for $5.99 per copy. Terry EhrichIn the late 1960s, publisher, Terry Ehrich and his partners purchased the business and moved it to Ehrich's native Vermont. As the interest in car collecting and restoring grew in the 1970s and 1980s, Hemmings' ad pages grew along with it. In April 1989, a full-color advertising section was introduced for the benefit of those with exceptional cars for sale or with special auto-related products best shown in full color. In 1970, Hemmings introduced a "companion" magazine, Special Interest Autos, to meet the growing needs of car-collecting enthusiasts. As the only publication in the car-collecting field which regularly road tested cars from the 1920s to the 1980s and accurately examined all aspects of their history and development, SIA entertained and informed its loyal following of automotive enthusiasts and historians while expanding its content to reach a broader audience. Hemmings Motor News was acquired in April 2002 by American City Business Journals Inc. of Charlotte, North Carolina, following the death of Terry Ehrich.