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Recently, the U.S. Supreme Court overturned 100 years of case law related to the agreement to set minimum retail or resale prices. SEMA-member companies need to stay aware of the recent developments on antitrust laws related to minimum advertised pricing (MAP) programs and other pricing issues. SEMA...
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Are you making money or losing money? Are your expenses in line with sales or excessive? Is your gross profit retention covering your expenses while providing a reasonable return for your efforts? How can you tell? Passion for the business you’re involved in aside, it’s the “bottom line” that makes...
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Scheduled for a 2011 model year debut, Jaguar's new XJ replacement is caught here winter testing in Sweden by Brenda Priddy and Co. photographers. Cloaked in current-model sheetmetal, the new XJ, codenamed X351, is expected to follow the new XF design cues. It's also, according to Priddy's sources...
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The U.S. Congress passed legislation designed to protect children from injuries or deaths in non-traffic vehicle incidents. President Bush is expected to sign the bill (HR 1216) into law. The measure directs the National Highway Traffic Safety Administration (NHTSA) to require new vehicles be...
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The U.S. Fish and Wildlife Service (FWS) ruled that 12,000 acres of the Imperial Sand Dunes Recreation Area in California must be closed to the public so as to protect the Peirson’s milk-vetch plant. The agency excluded 10,000 acres of dunes where most off-road activities take place. The plant was...
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CLOSING IN: As of Wednesday morning, officials of the Indy Racing League and the Champ Car World Series were closing in on an agreement, that would bring the two factions of open-wheel racing together for the first time in 13 years. When agreed to, remaining Champ Car teams and some of the series’s...
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Tire Group International (TGI) opened a new office in Qingdao, China. Heading it will be Jing Dong Ling, formerly a quality and mixing engineer with Yellow Sea Tire. Ling brings more than 10 years of experience and knowledge from the quality control side of the tire building process and will oversee...