EXHIBIT 10.87


                                  TWENTY FOURTH
                                    AMENDMENT
                                       TO
                                LICENSE AGREEMENT


This TWENTY FOURTH  AMENDMENT,  effective as of the later date of the signatures
below,  is to  that  certain  Reproduction  and  Service  Part  Tooling  License
Agreement  effective  December 1, 1993 by and between Service Parts  Operations,
General Motors Corporation ("LICENSOR") and Eckler Industries, Inc. ("LICENSEE")
as  amended by the FIRST  through  TWENTY  THIRD  AMENDMENTS  (collectively  the
"AGREEMENT").

WHEREAS,  the parties  have entered into the  AGREEMENT  and mutually  desire to
amend such AGREEMENT as specifically provided herein;

NOW THEREFORE for good and valuable  consideration,  the sufficiency of which is
hereby acknowledged, the parties agree as follows:

1.   Exhibit I of the AGREEMENT is hereby amended to  specifically  identify the
     following TRADEMARKS as being included in the original Exhibit I and I-A:

                  CHEVROLET
                  CORVETTE
                  Corvette "Crossed Flags" Emblem
                  GM Restoration Parts Emblem (as shown on Exhibit IV
                  of the AGREEMENT)

2.   Exhibit  I  is  further  amended  to  specifically  include  the  following
     additional TRADEMARKS:

                  VETTE
                  STINGRAY
                  STING RAY
                  ZR-1
                  LT-1
                  L98
                  L82
                  *GRAND SPORT
                  *CORVETTE COLLECTOR'S EDITION
                  *CORVETTE
                  "Genuine Chevrolet"
                  Chevrolet "Bow Tie" Emblems
                  "The Heartbeat of America" (with or without Bow Tie Emblems)
                  GM Official Licensed Products Emblem (as shown on Attachment A
                  to this TWENTY FOURTH AMENDMENT)

         * It is  understood  and agreed  between the parties that  LICENSEE may
         also use Body Designs for the GRAND  SPORT,  COLLECTOR'S  EDITION,  and
         CORVETTE (through  production vehicle model year 1997) on packaging and
         promotional materials only, with LICENSOR'S prior approval to Paragraph
         9.6 of the AGREEMENT.

3.   Exhibit  I  is  further  amended  to  specifically  include  the  following
     non-restoration automotive parts and accessories ("LICENSED PRODUCTS"):

         Dash mats (1968-96  production vehicle model years) Cargo mats (1968-96
         production vehicle model years) Nose masks (1980-96  production vehicle
         model years) Console control covers (1984-89  production  vehicle model
         years)
         Door sill plates (metal and plastic) (1968-96  production vehicle model
         years)  Valve  stem  caps  and  aluminum  valve  covers  Fender  covers
         Accessory  rubber  floor mats  (clear and  black)  (1963-82  production
         vehicle model years) Dash accessories

         It is understood and agreed that all of the LICENSED PRODUCTS described
         must be  submitted  to  LICENSOR  for its  inspection  and  approval in
         accordance with Paragraph 9.3 of the AGREEMENT.

4.   Paragraph 6.3 of the AGREEMENT is hereby  amended to also require  LICENSEE
     to use the GM Official Licensed Product Emblem in conjunction only with the
     LICENSED PRODUCTS  identified in Paragraph 3 herein (and as may be included
     in  future  amendments  to  this  AGREEMENT)  in the  same  manner  as said
     Paragraph 6.3 requires  LICENSEE to use the GM Restoration  Parts Emblem in
     conjunction with LICENSED PARTS.

5.   It is  understood  that the  TRADEMARKS  identified  in paragraph 2 and the
     LICENSED PRODUCTS  identified in Paragraph 3 were previously licensed under
     that certain  Trademark License Agreement between the parties which expired
     on December 31, 1995 and which was not renewed.

6.   Other than as specifically set forth in this TWENTY FOURTH  AMENDMENT,  the
     AGREEMENT  remains  unchanged  and of full force and effect;  any  conflict
     between the AGREEMENT and this TWENTY FOURTH  AMENDMENT shall be controlled
     by this TWENTY FOURTH AMENDMENT.

GENERAL MOTORS CORPORATION,          ECKLER INDUSTRIES, INC.
SERVICE PARTS OPERATIONS

By: /s/ Robert D. Cheyne             By: /s/ Ralph H. Eckler
------------------------             -----------------------
Name:  Robert D. Cheyne              Name:  Ralph H. Eckler
Title: Manager, Trademark Licensing  Title: President/CEO
Date:  December 6, 1996              Date:  January 7, 1997