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SEMA defeated California legislation to require annual (rather than biennial) smog-check inspections for vehicles 15 years old and older. The bill would also have required that funds generated through the additional inspection fees be deposited into an account which could then be used to scrap older...
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Last February, Congress raised the annual expensing limits to $250,000 (from $128,000) for 2008 when a company purchases new machinery and equipment. Otherwise, the cost is generally spread over a number of years as the property depreciates in value. The depreciation is referred to as a "Section 179...
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The National Highway Traffic Safety Administration (NHTSA) has delayed the effective date for the revised lighting standard, Federal Motor Vehicle Safety Standard (FMVSS) No. 108, from September 1, 2008 to December 1, 2009. The extra time is necessary to confirm that there were no changes of...
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RACE TO THE CHASE: Clint Bowyer holds down the final spot in The Chase for the Cup in the NASCAR Sprint Cup Series with just this Saturday’s race at Richmond International Raceway remaining before the field of 12 is set. He holds a 17-point lead over David Ragan, with Kasey Kahne an additional 31...
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NEWS NUGGETS REPEAT WINNERS CROWNED AT MAC TOOLS U.S. NATIONALS: Making his third straight final round appearance at O’Reilly Raceway Park in Indianapolis, Funny Car driver Robert Hight grabbed his second win at the historic track, driving his Auto Club Ford Mustang past runner-up Jack Beckman to...
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Sophomore racing talent Dominick Casola will return to action in the ARCA RE/MAX Series driving the Capital City Motorsports Dodge Charger in the Chicagoland ARCA 200 on Saturday, September 6. Casola is sponsored by Quaker Steak and Lube Restaurants headquartered in Sharon, Pennsylvania.
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