ironcore – Page 639

Class Action Bill Fails To Pass Senate

Class Action Bill Fails To Pass Senate Despite support from 62 Senators for a compromise class action bill, a procedural vote to end the debate on federal class action legislation failed by 16 votes the night of July 8. The issue behind the procedural vote hinged on whether lawmakers could offer unrelated amendments. The bill […]

NADA Says Auto Sales Outlook Favorable for Second Half of 2004

NADA Says Auto Sales Outlook Favorable for Second Half of 2004 Despite mixed results in June, sales of new cars and light trucks are likely to gain strength during the second half of 2004, according to NADA Chief Economist Paul Taylor. He projects that year-end sales will reach 16.8 million vehicles, which is consistent with […]

Study Says Car Shoppers Going Online More

Study Says Car Shoppers Going Online More The number of used vehicle buyers using the Internet is rapidly growing, according to the J.D. Power and Associates 2004 Used Autoshopper.com Study. Roughly 54 percent of used vehicle buyers used the Internet during their shopping process, up from 47 percent in 2003. “This is the most explosive […]

Carfax Database Reports Surpass 3 Billion

Carfax Database Reports Surpass 3 Billion Carfax announced last week that its online database of vehicle history records has exceeded a total of three billion. Scores of buyers and sellers of used cars make use of these reports as they inquire further into a vehicleês history, including its maintenance reports, odometer readings, and other facts. […]

One Millionth Vehicle Bought and Sold on eBay

One Millionth Vehicle Bought and Sold on eBay Steven Debevec of Wake Forest, N.C., recently purchased the 1 millionth vehicle bought and sold on eBay Motors. Debevec was rewarded with a check for the full price of his 2003 Honda Odyssey purchased from Pamela Bosetti of Richmond, Va. According to company officials, the Web site […]

SoberRide Provides 370 July 4th Rides

SoberRide Provides 370 July 4th Rides The 2004 Independence Day SoberRide program, which offered free rides to impaired drivers from 4:00 p.m. Sunday to 4:00 a.m. the following morning, prevented 370 revelers from getting behind the wheel. This results in removing a potential drunk driver every two minutes. This recent holiday campaign has raised the […]

Aboveground Tank Deadline Extension Proposed

Aboveground Tank Deadline Extension Proposed NADA reports that the EPA has proposed to extend by a year the compliance deadline for dealerships with aboveground storage tanks covered by the Spill Prevention, Control, and Countermeasure (SPCC) rules. (NADA continues to work with the agency on regulatory relief for an as-yet-undefined universe of small facilities.) For now, […]

Registration Now Open for NADA’s 2005 Convention

Registration Now Open for NADA’s 2005 Convention Advance registration for the 2005 NADA Convention and Exposition in New Orleans, January 29-February 1, 2005, is now open through December 10, 2004. To register online, or download a registration form, access www.nada.org/convention. The form can also be retrieved via fax-on-demand, (800)778-7209 (document 60), or by calling the […]

FACT Act Update

[FACT Act Update The Federal Trade Commission has proposed three of seven Fair and Accurate Credit Transactions (FACT) Act rules that could affect automobile dealers, but none of the rules have been finalized yet, according to NADA. These include section 112, pertaining to fraud and active duty alerts; section 214, on marketing to affiliates; and […]

Thought for the Week…

Baseball is a skilled game. It’s America’s game — it, and high taxes. -Will Rogers